Two new solar power plants built in southern province

Dau Tieng 5.1 and Dau Tieng 5.2 solar power plants are expected to start construction in Q2, with an investment of VND3.56 trillion ($157 million). With a capacity of 225 MW each, the two power plants will cover 332.5 hectares at Dau Tieng Lake in the southern province of Tay Ninh. Construction is expected to […]

Vietnam becomes an energy importer: Not a good sign

Prior to 2015, exports of crude oil and coal contributed largely to Vietnam’s state budget. However, since 2015, with great fluctuations in energy import and export activities, Vietnam has become an energy importer. The rise of coal is clear evidence for Vietnam’s transition from an energy exporter to an energy importer.

Vietnam electric car whizz takes ambitious road

Vietnam’s Tesla (TSLA.O) wannabe is speeding up. Carmaker Vinfast will stop making internal combustion engine models by the end of 2022 and aims to sell overseas as it goes all-electric. Its ambition to motor towards a 2022 U.S. listing, which Refinitiv publication IFR says could raise up to $3 billion, combines the clout of a […]