Category: Vietnam

Vietnam’s Property Market is struggling just to survive during Covid pandemic Vietnam has now had to handle four waves of the Covid-19 pandemic, since it broke out in early 2020, and this has left the country’s property markets to have to cope with some of the hardest months in its history. Marketing and business activities […]

Bechtel wins front-end engineering and design (FEED) services for LNG-to-power scheme in southern Vietnam Bechtel will provide front-end engineering and design (FEED) services for Delta Energy Offshore’s proposed LNG-to-power project in southern Vietnam. Bechtel said today that it has been awarded the deal for the 3,200 MW combined cycle gas turbine (CCGT) power plant in […]

China key to Vietnam’s solar success, rapid growth since 2018 A rapid rise in Vietnam’s solar power has been boosted by Chinese finance and technology, but more support is still going to fossil fuels Vietnam has been a Southeast Asia solar success story. It went from having barely any generation in 2018 to a quarter […]

Vietnam’s Long Thanh International Airport’s first phase slated to become operational in Q4 2025 Minister of Transport Nguyen Van The has requested extra efforts to put the first phase of the Long Thanh International Airport project in the southern province of Dong Nai into operation in the fourth quarter of 2025. He urged investors of […]

Vietnam’s EVN progresses Quang Trach thermal power plant State-owned Vietnam Electricity (EVN) has signed a VND30.23 trillion ($1.31 billion) engineering, procurement and construction (EPC) contract for the 1.2 gigawatts (GW) Quang Trach 1 thermal power plant in Quang Binh province, Vietnam. The total cost of the project is VND41.14tn ($1.8bn) with EVN bringing 30% of […]

EDP Renewables enters Vietnam with a 28 MWac Solar PV project in Khanh Hoa Province The company has reached an agreement with Trina Solar to acquire the Solar PV project for a total consideration of $36m. The entry in Vietnam is within the context of EDPR Business plan 2021-25 and represents a first step towards […]

Thailand behind Vietnam in transition from fossil fuels to clean energy Thailand is lagging Vietnam in the race to transition from fossil fuels to clean energy in the post-Covid-19 world, where climate change is taking center stage as the next looming global crisis, and countries and companies race to become carbon-neutral. And Thailand’s highly profitable […]

Thailand’s Bangkok Container Glass completes Vietnam solar plant acquisition Bangkok Container Glass (BCG) has completed the $41 million acquisition of a solar plant company. The Thai glass manufacturer completed the acquisition of 100% shares in Solar Power Management (Thailand), a company holding a 67% shareholding interest in Phu Khanh Solar Power Joint Stock Company. This […]

EPC Contract Signed For 1200MW Quang Trach 1 Thermal Power Plant in Vietnam’s central province of Quang Binh EPC Contract Signed For 1200MW Quang Trach 1 Thermal Power Plant. EPC contract worth nearly $1.29 bil Quang Trach 1 thermal power plant in the central province of Quang Binh. EPC consortium comprising Japan’s Mitsubishi Corp, Hyundai […]

Investors pump billions into Vietnam’s offshore wind power plants Foreign and local investors have poured billions of dollars into developing offshore wind farms. Thang Long Wind, a $11.9-billion, 3.4 GW offshore plant, is being built in the central province of Binh Thuan. Installation of floats will be completed in July to gather oceanographic data related […]