Vietnam’s electric vehicle manufacturer VinFast Auto is expected to receive at least $1 billion in overseas funding led by Emirates Driving Company (EDC), Abu Dhabi’s leading driver training and road safety institute, Bloomberg reported on Wednesday, quoting a source with knowledge of the agreement. VinFast and its parent company, Vingroup, …
Read More »Vietnam’s Rare Earth Riches become Focus Point for U.S. and China
Vietnam finds itself wooed by two large world powers. However, this time, it is not over any geopolitical consideration, but for a resource that the modern world covets: rare earths. China and the U.S. are locked in a race to court a country that boasts the world’s second-largest rare earth …
Read More »Russia’s Novatek Eyes Foothold in Vietnam LNG Market Following Pact
Russian LNG exporter Novatek has signed a cooperation agreement with Vietnam’s PetroVietnam on developing potential liquefied natural gas (LNG) and power projects in the southeast Asian country. The agreement was struck during Vietnamese president Nguyen Xuan Phuc’s visit to Moscow, where he held a meeting with Novatek chairman Leonid Mikhelson …
Read More »Novatek Eyes Vietnam’s LNG Market
Russian private natural gas producer and exporter Novatek is looking to sell LNG to Vietnam, it said, as it announced August 10 that it has opened an office in the capital Hanoi. The office will support its expansion into the global gas markets and provide continuous support for the its …
Read More »Siemens Gamesa Lands Contract for Vietnam’s Largest Nearshore Wind Project
The 78MW wind farm is expected to be operational in the third quarter of 2021.
Read More »Vestas Secures 48 MW Wind Project in Vietnam
The manufacturer will supply, install and commission 12 turbines.
Read More »Vestas Secures Orders to Supply Custom Turbines for Two Vietnamese Wind Projects
Both wind farms are located in mountainous terrain in Quang Tri province.
Read More »New Deployment Schemes Could Unlock Solar Boom in Vietnam
World Bank suggests a new strategy could transform Vietnam into a solar powered metropolis. creating thousands of jobs.
Read More »New $212m Financing for Climate-Friendly Projects in Vietnam
The funding from IFC will enable VPBank to expand its lending to small and medium businesses and boost financing for projects that help reduce carbon emissions.
Read More »Singapore’s Nexif Energy Buys 94% Stake in Hydropower Projects in Vietnam
Located in the Khanh Hoa province with a total capacity of 49MW. they will provide enough electricity to power 74.000 households.
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