Int’l giants interested in power projects in Vietnam

Published on The Saigon Times Daily, October 8th, 2013 Many giant foreign companies such as Semcorp, Samsung and Sumimoto are showing strong interest in electricity projects in the country. Samsung Group, for instance, in late September clinched a memorandum of understanding (MOU) with the Ministry of Planning and Investment, to develop infrastructure projects, with a … Continue reading

Singapore-based Sembcorp firm to build 1,200 MW thermal power plant in Vietnam

By Vinacomin, September 19th, 2013 General Department of Energy under the Ministry of Industry and Trade (MoIT) and Sembcorp Co (Singapore) on September 11 signed a memorandum of understanding (MoU) to jointly develop BOT (build-operate-transfer) Dung Quat thermo power plant project. Addressing at the signing ceremony, the head of general Department of Energy, Pham Manh … Continue reading

Will Samsung find its opportunities in power sector in Vietnam?

By Vietnamnet, September 19th, 2013 Samsung moves ahead with its plan to develop power projects in Vietnam. However, it’s still unclear if it can succeed in the energy sector, once the Electricity of Vietnam (EVN) remains the only wholesale buyer. Samsung eyeing Vietnamese power sector According to Nguyen Khac Tho, Deputy General Director of the … Continue reading

Why Thai Investors Decide To Pour Billions Of Dollars Into Vietnam?

By Businesstimes, August 28th, 2013 Just within a short time, the two big Thai energy conglomerates announced the huge investments in the $27 billion Nhon Hoi petrochemical project and the $2.2 billion Quang Tri thermopower plant project. The huge projects PTT, the Thai oil and gas group, plans to contribute 30-40 percent of capital into … Continue reading

Another Steam Drum Installed At Mong Duong Thermo Power Plant

By Vietnamplus, August 27th, 2013 The Vietnam Machine Installation Corporation (Lilama) on August 26 successfully installed steam drum 1B of the Mong Duong coal-fired power plant in the northern Quang Ninh province.  The successful installation of the 160-tonne boiler drum marked a new stage in building the power plant.  The plant is one of the … Continue reading

Thai Firm To Build Thermal Power Plant In Quang Tri

By Vietnamplus, August 21st, 2013 The Thai electricity firm Egati will invest in a 1,200MW thermal power plant worth around 2.26 billion USD in the central province of Quang Tri. Chairman of the provincial People’s Committee Nguyen Duc Cuong announced the investor and the Prime Minister’s guidance for the plant on August 21. The plant … Continue reading

Mysterious Billionaire Wants To Invest In $27 Billion Oil Refinery

By Vietnamnet, August 21st, 2013 Thureign Augn has been introduced by Thai PTT Group, the investor of the $27 billion Nhon Hoi oil refinery in the central province of Binh Dinh, Vietnam, as a member of Arab royal family, billionaire and a potential investor of the project. At the project launching ceremony held on August … Continue reading

Tan Tao To Continue Power Project Work

By Vietnamnews, August 20th, 2013 Despite a lack of work for three years, the Tan Tao Group still wanted to continue building a huge thermal power plant in Kien Giang Province, Nguyen Tuan Minh, the group’s representative said at a meeting with local authorities last week. A week ago, the provincial People’s Committee petitioned the … Continue reading

Deputy PM: Power Sector Must Restructure

By VIR, August 17th, 2013 Deputy Prime Minister Hoang Trung Hai has made it clear that the restructuring of the power sector is now a must to improve its competitive edge and performance. Working with officials of the Electricity of Vietnam Power Generation Company (GENCO) 1 in the northern province of Quang Ninh on August … Continue reading

Shortlist Due For Binh Dinh’s $27b Oil Project

By StoxPlus, August 13th, 2013 Tran Thi Thu Ha, deputy chairwoman of the People’s Committee, was one of a number of local politicians and experts to speak about the proposed development of the major Thai-invested petrochemical complex. The Binh Dinh People’s Committee and the Petroleum Authority of Thailand (PTT) will on Thursday announce the list … Continue reading