Tag: Citigroup forecast

The 1,500MW LNG-fired Quynh Lap Thermal Power Plant, located in Tan Mai Ward, represents a significant investment of approximately $2.1 billion (55,946 billion VND). This state-of-the-art facility is slated for completion and operation between 2025 and 2030, marking a pivotal step in meeting growing energy demands.

Foreign investors' transactions were a notable drawback, as they net sold approximately VND 409 billion.

Emphasizing the green transition as an irreversible trend to secure double-digit growth targets, Prime Minister Phạm Minh Chính has called for the prompt pilot implementation of emission quotas for energy-intensive sectors, alongside the finalization of interest rate support mechanisms for green businesses by January 2026.