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Vietnam to stop licensing of wind power plants

The government has stopped licensing wind power plants and is drafting a new national power plan for the next decade.

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S. Korea’s power giant KEPCO to invest $2.2bln in vietnam coal-fired plant

Korea Electric Power Corp. has decided to inject $2.2 billion in Vietnam’s Vung Ang 2 coal power plant, the company announced it passed an agenda for the investment on October 5.

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PetroVietnam’s 9-month revenue reaches $18.3bln, down 24.5%

The Vietnam Oil and Gas Group, known as PetroVietnam, has reported VND423.2 trillion ($18.3 billion) in revenue in the nine-month period, and contributed VND50.2 trillion ($2.2 billion) to the State budget.