Renewable energy offers investment opportunities in Vietnam Business

Renewable energy offers investment opportunities in Vietnam

Vietnam’s target of raising renewable electricity to 45 percent of the national power generation capacity by 2030 and the need for investment worth up to 14 billion USD towards this goal have created substantial opportunities for both domestic and foreign firms.
Japanese firm strikes deal to join Vietnam’s LNG market Business

Japanese firm strikes deal to join Vietnam’s LNG market

The Japan Petroleum Exploration Co. Ltd. (JAPEX) and Vietnam’s ITECO JSC have freshly signed a share purchase agreement and a pact on comprehensive cooperation that involves the procurement, storage, and supply of liquefied natural gas (LNG) in Vietnam.
US firm proposes two LNG projects in Van Phong EZ Business

US firm proposes two LNG projects in Van Phong EZ

Authorities of the south central coastal province of Khanh Hoa have sought the Prime Minister’s backing of two major projects with total investment of more than 27 billion USD proposed by the Millennium Energy Corp of the US at the Van Phong Economic Zone (EZ).
Ninh Thuan to have first LNG-fueled power plant in 2024 Business

Ninh Thuan to have first LNG-fueled power plant in 2024

The south central province of Ninh Thuan plans to start construction of a liquefied natural gas (LNG)-fueled power complex, the first of its kind in the province, in Phuoc Diem commune, Thuan Nam district, in the third quarter of 2021.