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Vietnam News

Oil & Gas;Engineering & EPC

Technip energies to convert Vietnam petrochemical cracker from naphtha to ethane feedstock

Technip Energies has won a contract from Long Son Petrochemicals to convert its Vietnam steam cracker from naphtha to ethane feedstock. The project includes engineering, procurement, site assistance, and proprietary burner supply, targeting lower carbon intensity and feedstock cost reduction.

Vietnam | 1 week ago

Investments & Funding

GELEX Infrastructure closes $200 million oversubscribed syndicated loan with HSBC

GELEX Infrastructure has successfully raised a $200 million syndicated loan arranged by HSBC, attracting participation from 19 international financial institutions. The facility was more than twice oversubscribed, marking the company's debut international syndicated financing and supporting its long-term infrastructure investment plans.

2 weeks ago • Vietnam

Power & Utilities

Taihan breaks ground on Vietnam's first overseas EHV cable plant to serve global markets

Taihan Cable & Solution has broken ground on a 400kV extra-high voltage cable facility in Vietnam, its first such overseas production base. The $56 million plant in Dong Nai Province will supply Southeast Asian, European, and American markets, positioning Taihan VINA as Vietnam's sole EHV cable manufacturer.

1 month ago • Vietnam

Power & Utilities

Japan withdraws from Ninh Thuan 2 nuclear project, raising execution risks for Vietnam’s power expansion plan

Japan has stepped back from plans to participate in Vietnam’s proposed Ninh Thuan 2 nuclear power plant, citing timeline constraints. The decision may affect Vietnam’s long-term capacity planning as the country seeks to prevent future electricity shortages through large-scale baseload additions.

2 months ago • Japan;Vietnam

Automotive

Vietnam begins construction of USD 319 Million GEL-O&J automobile manufacturing plant in Hung Yen

Vietnam’s Geleximco Group and China’s Chery Group have officially started construction of the GEL-O&J automobile manufacturing plant in Hung Yen Province. With a total investment of USD 319 million, the two-phase project is expected to become a major automotive production hub in the region.

2 months ago • Vietnam

Latest News

Energy & Power | 3 days ago

EBRD approves USD 65 million for Egypt’s solar-plus-storage infrastructure project

The European Bank for Reconstruction and Development has committed USD 65 million to finance a hybrid 200 MW solar plant and 120 MWh battery storage facility in Aswan, Egypt. This initiative, developed by HAU Energy, marks a critical step in stabilizing the national grid while advancing the country's transition toward a low-carbon energy infrastructure.

Infrastructure | 3 days ago

USACE awards $113.8 million contract to J.F. Brennan for invasive carp deterrents at Brandon road project

The U.S. Army Corps of Engineers has awarded a $113.8 million contract to J.F. Brennan Company for leading-edge invasive carp deterrents as part of the Brandon Road Interbasin Project in Illinois. The award completes Increment I of the ecosystem restoration effort.

Energy & Power | 3 days ago

CoreMarine and Jumbo Offshore win contract for FLNG mooring installation in Argentina

CoreMarine and Jumbo Offshore have secured a contract from Southern Energy S.A. to transport, install, and hook up soft-yoke mooring systems for two FLNG vessels in Golfo San Matías. The project supports Argentina’s gas export expansion, with installations scheduled for 2027 and 2028.

Government & Policy | 3 days ago

NASA awards $76m data science contract to Development Seed for Marshall space flight center

NASA has selected Development Seed for a $76 million indefinite-delivery/indefinite-quantity contract to provide R&D services to the Office of Data Science and Informatics at Marshall Space Flight Center. The contract includes a two-year base period with three one-year options through June 2031.