Nghệ An promotes development of Quỳnh Lập LNG power project
The Quỳnh Lập LNG power project was initially planned as a thermal plant but will be converted to use LNG.
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The Quỳnh Lập LNG power project was initially planned as a thermal plant but will be converted to use LNG.
Although foreign investment is generally on a downward trend globally, Vietnam continues to be assessed as a bright spot for inflows, particularly in industrial real estate.
Vietnam’s growing dependence on imported liquefied natural gas could cause a hike in power production costs.
Success in the development of renewable energy sources will not be sustainable if the role of hydropower is ignored.
Southeast Asian countries are ramping up investments in renewable energy projects, with a projected spend of over $76 billion between 2023 and 2025.