PetroVietnam Power Corporation’s Nhon Trach 3 & 4 power plant will use two GE 9HA.02 gas turbines. — Photo courtesy of the company GE has secured an order for generation equipment for PetroVietnam Power Corporation’s Nhon Trach 3 & 4 power plant in Dong Nai Province. It will supply two blocks of more than 800 MW each including a GE 9HA.02 gas turbine, the company’s most efficient 50 Hz gas turbine, an STF-D650 steam turbine, a W88 generator, and others. It marks the US firm’s first H-Class gas turbine order in Viet Nam. Once in commercial operation in 2025, the plant, the first to be fuelled by liquefied natural gas in the country, is expected to deliver over 1.6 GW of electricity. The highly efficient natural gas means the power plant will have a lower environmental impact than thermal plants. On May 11 a memorandum of understanding to develop solutions to improve the efficiency of the existing Nhon Trach 1 plant and long-term co-operation for the maintenance of … [Read more...] about GE gets first 9HA combined cycle power plant equipment order in VN
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PM visits New York Stock Exchange, holds roundtable with CEOs of int’l firms
Vietnamese Prime Minister Pham Minh Chinh (C) visits the New York Stock Exchange (NYSE) (Photo: VNA) In his meeting with NYSE leaders, the Vietnamese PM expressed his pleasure to visit the largest stock exchange in the world in terms of market capitalisation, and thanked them for the warm welcome and the privilege to ring the bell to end the trading session of May 16. PM Pham Minh Chinh meets with representatives of NYSE (Photo: VNA) PM Chinh stressed that Vietnam is cracking down on the violations of a few unscrupulous investors in the country’s stock markets to ensure its security, transparency, and sustainable development. He asked the NYSE to cooperate and share experience in developing an effective, sustainable stock market in Vietnam as well as realising the country’s ambition to successfully build a regional-level financial centre, foster the win-win partnership between the NYSE and Vietnamese agencies and companies, contributing to the development of the … [Read more...] about PM visits New York Stock Exchange, holds roundtable with CEOs of int’l firms
PM visits New York Stock Exchange, holds roundtable with CEOs of world leading firms
In his meeting with NYSE leaders, the Vietnamese PM expressed his pleasure to visit the largest stock exchange in the world in terms of market capitalization, and thanked them for the warm welcome and the privilege to ring the bell to end the trading session of May 16. PM Chinh stressed that Vietnam is cracking down on the violations of a few unscrupulous investors in the country’s stock markets to ensure its security, transparency, and sustainable development. He asked the NYSE to cooperate and share experience in developing an effective, sustainable stock market in Vietnam as well as realizing the country’s ambition to successfully build a regional-level financial center, foster the win-win partnership between the NYSE and Vietnamese agencies and companies, contributing to the development of the U.S.-Vietnam comprehensive partnership. On the occasion, PM Chinh witnessed the awarding ceremony of two cooperation documents in the fields of finance, banking and investment funds … [Read more...] about PM visits New York Stock Exchange, holds roundtable with CEOs of world leading firms