Energy solutions division VinES – a member of Vingroup alongside VinFast – and Gotion Inc have broken ground on a 34.5 acre LFP battery factory designed with an annual capacity of 5 GWh. That equates to roughly 30 million battery cells per year to support future VinFast EVs.  

Vietnamese conglomerate Vingroup has announced the establishment of VinBus Transport Service Co., Ltd., as it officially branches into passenger transportation. VinBus will operate completely under the non-profit model in order to contribute to the construction of a civilised and modern public transport system, reducing air and noise pollution for Vietnam’s major cities. It is expected that […]

The Vietnam Oil and Gas Group (PVN) gained a total revenue of 365.5 trillion dong ($15.8 billion) in the first half of this year, 18 per cent above its six-month plan. The corporation’s equity reached 470.3 trillion dong on June 30, up one per cent from January 1. PVN contributed 53.5 trillion dong to the […]

HÀ NỘI — Việt Nam saved 492,000kWh of electricity, equivalent to VNĐ917 million (US$39,700), for one hour on Saturday night, according to the National Power Dispatch Centre. During Earth Hour, people across the country switched off unnecessary electrical devices from 8.30-9.30pm. This year’s figure represented a slight rise against the 485,000kWh of electricity saved during […]

Vietnam is keen to import more electricity from Laos to address its projected energy shortages, according to a senior official.

This month saw the inauguration of the largest solar power plant in Southeast Asia, Dau Tieng in Vietnam, by Dau Tieng Energy JSC and Thailand’s B Grimm Power Public Company Limited. It was built in Tay Ninh province, which borders Cambodia’s Tbong Khmum and Svay Rieng provinces, at a cost of more than 9.1 trillion […]

HÀ NỘI — Việt Nam expects Indian firms to invest more in Việt Nam, Deputy Prime Minister Trịnh Đình Dũng said at the Việt Nam-India Business Forum held in Hà Nội on Monday. The fields expected to lure Indian investment include renewable energy, manufacturing industry, information technology and infrastructure construction, he said. Việt Nam also […]

The Vietnamese Government always rolls out the red carpet for US-based Gen X Energy’s high-tech projects which, according to Deputy Prime Minister Vuong Dinh Hue, are environmentally friendly. Hosting a reception for Gen X Energy CEO Scott Kicker in Ha Noi on Monday, Deputy PM Hue stressed the US firm’s projects are in line with […]

General Director of Trung Nam Group Nguyen Tam Tien said the 246-hectare solar and wind power complex would supply 401 million kWh each year for the provincial and national energy grid, and earn annual revenue of US$71 million from power sales. Tien said the plants would employ 2,000 local workers starting from the end of […]

Within the framework of event, FLC Group Joint Stock Company and Petroleum Trading Lao Public Company (PetroTrade) signed a cooperation agreement to implement Vientiane- Vung Ang railway investment and construction project. Besides, T&T Group and Phongsubthavy Group also co-signed an agreement on cooperation, investment and development of energy projects along the Vietnam-Laos border to produce […]