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Trends, pricing, and industry updates for oil & gas and industrial equipment buyers and suppliers.
HKES Completes Investment in AL Global Energy to Expand Hydropower Cooperation between Vietnam and Japan
Hokuriku And Koei Energy Solutions Vietnam Company Limited (HKES) has finalized its investment in AL Global Energy (ALGE), facilitating its involvement in two hydropower projects in Vietnam.
November 3, 2026
Renewable EnergyApproval Granted for Dong Hai 3 Wind Power Project Connection Plan
The Ministry of Industry and Trade has approved the updated connection plan for the Dong Hai 3 Wind Power Project located in Vinh Long Province.
November 3, 2026
Oil & GasCá Tầm Oil Field Reaches 2 Million Ton Milestone
On October 28, 2026, the Cá Tầm oil field, located 160 km offshore from Vũng Tàu, officially produced its 2 millionth ton of oil. This achievement highlights the capabilities and determination of the Vietsovpetro joint venture, which operates Block 09-3-12.
November 3, 2026
Power GenerationVietnam to Reduce Average Electricity Retail Price by 2%
Starting November 1, 2026, Vietnam's average retail electricity price will be adjusted to 2,159.90 VND per kWh, excluding value-added tax. This change represents a 2% decrease from the current average price.
November 3, 2026
Power GenerationQuang Trach 1 Thermal Power Plant Achieves Key Milestone
The Quang Trach 1 coal-fired power plant in central Vietnam has successfully connected its second turbine to the national grid, completing a significant step in its commissioning process.
October 26, 2026
Oil & GasPV GAS and PVEP Vietsovpetro Discuss Domestic Gas Supply Expansion
PV GAS has engaged in discussions with PVEP and Vietsovpetro to explore solutions for optimizing gas supply infrastructure. The focus is on enhancing gas collection capabilities to meet future demand.
October 26, 2026
LNG & Gas PowerMinister of Industry and Trade Inspects Quang Trach Power Center Projects
Minister Le Manh Hung conducted an inspection of the Quang Trach Thermal Power Plant and the LNG Quang Trach 2 project in Quang Tri province.
October 26, 2026
Power GenerationEVN Maintains Power Supply Amidst Adverse Weather Conditions
In September 2026, Vietnam Electricity (EVN) successfully ensured power supply to support the country's socio-economic development and public needs, while also addressing challenges caused by severe weather events.
October 26, 2026
Renewable EnergyVietnamese Energy Association Participates in Global Solar and Battery Storage Conference 2026
During the New York Climate Week and the United Nations General Assembly, the Vietnam Energy Association (VEA) attended the Global Solar and Battery Storage Industry Associations Conference, which gathered leaders from various sectors.
October 26, 2026
Oil & GasPVEP Reports Increased Oil Production in First Nine Months of 2026
PetroVietnam Exploration Production Corporation (PVEP) achieved an oil output of approximately 3.30 million tons of oil equivalent in the first nine months of 2026, marking a 27% increase compared to the same period in 2025.
October 26, 2026
Policy & RegulationVietnam's Atomic Energy Institute Reorganization Meeting Held
On October 2, 2026, Deputy Prime Minister Ho Quoc Dung led a meeting to discuss the reorganization of the Vietnam Atomic Energy Institute.
October 26, 2026
Power & GridEVNNPT Seeks Funding for Eight Power Transmission Projects
The National Power Transmission Corporation (EVNNPT) is inviting banks to participate in a competitive bidding process to arrange financing for eight power transmission projects, with a total funding requirement exceeding 200 million EUR.
October 26, 2026