Vietnam’s VinFast Investing Up To $6.5 Billion in U.S. EV Production

Vietnamese automaker VinFast announced plans Tuesday plans to set up an EV manufacturing complex in North Carolina set to go into operation by 2024. The facility eventually will have the capacity to produce up to 150,000 battery-electric vehicles annually, with VinFast planning to start off with two large SUVs that were unveiled at CES in […]

Vietnam’s nickel demand expected to increase

Vietnam has the opportunity to be at the forefront of the global movement towards the electrification of transport, so demand for nickel in Vietnam will continue to rise, experts have said.

EVN inks non-sovereign loan worth 80 million EUR with AFD

The Vietnam Electricity Group (EVN) and the French Development Agency (AFD) on March 28 signed an agreement on a non-sovereign loan worth 80 million EUR (87.8 million USD) to implement the southern Vietnam power distribution project invested by EVN’s subsidiary – the Southern Power Corporation (EVN SPC).

VNese, Laotian enterprises sign cooperation agreements on energy, transportation

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 […]

Vietnam interested in US investment in renewable energy

Energy is among potential fields for investment cooperation between Vietnamese and US firms, with Prime Minister Pham Minh Chinh announcing that Vietnam gives high priority to sustainable energy development to maintain national energy security and reduce greenhouse gas emissions, according to chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Pham Tan Cong.

Renewable energy offers investment opportunities in Vietnam

Hanoi (VNA) – 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.

Elite power struggle sees Vietnam abandon coal, but leaves collateral damage

Vietnam is a nation of nearly 100 million people, a long, skinny, tropical country stretched along the western side of the South China Sea. For a quarter-century, its economy has been growing at an average annual rate of more than 6 per cent. Investment dollars pour in because multinational corporations have found that Vietnamese workers […]