Vietnam News
K2 Management secures owner’s engineer mandates for three wind projects in Vietnam K2 Management has secured three owner’s engineer mandates for wind projects in Vietnam, two of which are onshore, while the third is a nearshore development. The projects total 240MW of capacity and are all expected online in 2021. The largest of the projects […]
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Vietnam reduces capacity of coal-fired thermal power plants from 2020 until 2030 Vietnam will reduce the total capacity of coal-fired thermal power plants from 2020 until 2030, according to the National Steering Committee for Electricity Development. The reduction is mainly due to some thermal power projects delaying their development, while some localities have not agreed […]
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The Bạc Liêu wind power plant in the Mekong Delta province of Bạc Liêu marked its one billionth kWh at a ceremony late last week. Financed by Công Lý construction-trade-tourism company headquartered in Cà Mau Province, the plant costs more than VNĐ5.2 trillion (US$223 million at the current exchange rate). It has 62 turbines with […]
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Thailand’s foreign retirees see their good life slip away Surging baht and new rules dull the country’s allure for budget-minded expats From the mountains of Chiang Mai to the beaches of Phuket, Thailand has long been a draw for foreign retirees wishing to spend their golden years in tropical bliss. But for the many who […]
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Japanese retail giant Aeon Vietnam plans US$2 billion Vietnam expansion Japanese retail giant Aeon Vietnam says it will invest US$2 billion expanding its presence across the country. Aeon Vietnam opened its fifth shopping centre in the country last November, its second in the capital city Hanoi. Now, the general director of Aeonmall Vietnam, Iwamura Yasutsugu, […]
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Vietnam-based Fico JSC gets approval to build two wind power plants in Nhon Hoi Economic Zone (EZ) They are set to be completed in 2021. Vietnam-based construction firm Fico JSC has been given initial approval by Binh Dinh Economic Zone (EZ) Authority to develop two wind power plants in the Nhon Hoi EZ, according to […]
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Cambodian Wind power project deal with French-owned Blue Circle expected in 2020 The government expects to sign an agreement with French-owned Blue Circle to develop a wind farm project within the first half of the year, the director-general of the Ministry of Mines and Energy’s General Department of Energy Victor Jona said on Monday. Jona […]
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Laos implementing new measures and standards for dam safety in bid to boost overseas electricity sales The Lao Ministry of Energy and Mines is implementing new measures and standards for dam safety in a bid to boost electricity sales to Laos’ foreign trading partners. The energy market is key for Laos as the country exports […]
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Construction of Vietnam’s My Thuy Seaport kicked off The construction of My Thuy International Seaport in the central province of Quang Tri has been kicked off on February 27, 2020. The project costs VND14, 234 billion (US$613 million), including VND2, 143 coming from the My Thuy International Port Joint Venture Company and VND12, 091 billion […]
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Vietnam May Back Off From Coal-Fired Power Plants It’s becoming harder to finance projects as banks avoid coal Falling cost of renewables is reducing coal’s price advantage Vietnam may scale back a plan to boost coal’s role in its power generation as financial restrictions and local environmental concerns make it more difficult to build plants. […]
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