LNG conversion strategy ramps up to ensure power sources for Vietnam

LNG conversion strategy ramps up to ensure power sources for Vietnam

The plan to develop 22GW of liquefied natural gas-to-power projects, along with the government’s commitment to reduce emissions..
Weight still placed on imported LNG

Weight still placed on imported LNG

Vietnam’s growing dependence on imported liquefied natural gas could cause a hike in power production costs.
Flaws in infrastructure hinder plans for LNG

Flaws in infrastructure hinder plans for LNG

The possibility that electricity generated from liquefied natural gas will replace coal-fired power is some way off, with infrastructure concerns regarding import operations coming to the fore.
JERA considers potential investments in Vietnam's bid for net-zero

JERA considers potential investments in Vietnam's bid for net-zero

Deputy Prime Minister Tran Hong Ha is seeking collaboration between Japanese and Vietnamese energy groups for mutual growth and profit sharing.
Key milestones being hit for LNG prospects

Key milestones being hit for LNG prospects

To utilise the promising land of liquefied natural gas, developers are awaiting supportive policies for infrastructure to help save project costs and contribute to green energy goals.
Structure lacking for LNG activities

Structure lacking for LNG activities

The future stable operation of power facilities in Vietnam is being hampered by a lack of infrastructure to import and store sufficient liquefied natural gas.
Thi Vai Terminal receives first LNG shipment

Thi Vai Terminal receives first LNG shipment

The future stable operation of power facilities in Vietnam is being hampered by a lack of infrastructure to import and store sufficient liquefied natural gas.
Developers expect smoother LNG policy planning

Developers expect smoother LNG policy planning

The government has asked the Ministry of Industry and Trade to clarify the planning data and feasibility of liquefied natural gas power development towards 2030, which has set a target of almost 24,000MW, accounting for 16.4 per cent of the total power source in the nation’s draft master power plan.
GE secures first 9HA combined cycle power plant order in Vietnam

GE secures first 9HA combined cycle power plant order in Vietnam

PV Power’s Nhon Trach 3 & 4 will be the first 9HA-gas-turbine-powered plant in Vietnam, as well as the first to be powered by liquefied natural gas (LNG).
Investors getting on board the LNG train

Investors getting on board the LNG train

Liquefied natural gas-to-power remains an important part of Vietnam’s energy transition story, and investors – both local and international – continue to demonstrate a strong interest in the sector.
Higher oil prices temporarily supports Malaysia's economy: economist

Higher oil prices temporarily supports Malaysia's economy: economist

The Russia-Ukraine tension appears to benefit Malaysia's position as a net oil exporter and the sharp rise in oil prices will provide temporary support for the country's fiscal position, according to World Bank senior country economist Shakira Teh Sharifuddin.
Japanese firm strikes deal to join Vietnam’s LNG market

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.
VinaCapital – growing sustainably with Vietnam

VinaCapital – growing sustainably with Vietnam

VinaCapital, one of the country’s leading investment management companies with a diversified portfolio of $3.7 billion in assets under management, is teaming up with major energy groups such as EDF Renewables for new projects. Don Lam, co-founder and CEO, talked with VIR’s Bich Ngoc on the investment focus and long-term strategy for VinaCapital Group.
Inconsistencies deter power plan feasibility

Inconsistencies deter power plan feasibility

The Ministry of Planning and Investment has pointed out a series of limitations within the newest draft of the National Power Development Plan VII, asking the Ministry of Industry and Trade to supplement missing content and adjust existing calculations.
PDP8 delay to unlock more cost-effective renewables

PDP8 delay to unlock more cost-effective renewables

The past 12 months have been a period of intense activity for Vietnam’s power sector.
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