GE Vernova powers Vietnam’s energy transition with key regional commitments
GE Vernova Inc. on March 10 hosted the inaugural Energy of Change Summit in Hanoi, bringing together over 400 senior representatives from government, national utilities, suppliers, and energy ecosystem stakeholders across Vietnam and Asia.
Latest
 |
| Scott Strazik, President and CEO, GE Vernova speaks at the inaugural Energy of Change Summit in Hanoi, on March 10. (Photo: Ly Ly) |
Hosted by Scott Strazik, President and CEO, GE Vernova, and attended by Acting Minister of Industry and Trade, Le Manh Hung, the summit focused on advancing Vietnam’s energy transition as the country moves from planning into large-scale implementation under the Revised Power Development Plan VIII (PDP8R).
Additionally, GE Vernova’s Supplier Summit, attended by more than 100 supplier organizations, was held alongside the main event, with a focus on building a resilient regional energy supply chain, advancing Vietnam's economic goals, and creating shared value through strategic partnerships.
Centered on the theme Powering Vietnam: From concept to reality, the summit examined Vietnam's power sector as an integral part of Asia's broader energy future. Discussions covered the next phase of PDP8R execution — from strengthening local capability and deepening supply chain integration to enhancing system flexibility for a more diversified energy mix — alongside the latest advances in generation and transmission technologies and best practices from leading markets worldwide.
In his keynote, Acting Minister of Industry and Trade, Le Manh Hung underscored Vietnam's commitment to accelerating its energy transition, emphasizing the need to meet rapidly growing energy demand while ensuring longterm-, sustainable economic growth.
“Vietnam has emerged as one of Asia's fastestgrowing economies, with a power system undergoing rapid and ambitious transformation,” said Scott Strazik, President and CEO of GE Vernova. “As the country enters a decisive execution phase, GE Vernova is proud to stand alongside Vietnam in this journey. From supplying our HA technology for Nhon Trach 3 & 4, the country's first LNG-topower plants — to establishing our HVDC manufacturing presence for the region's growing electrification needs, what we build here extends far beyond Vietnam's borders. These investments strengthen supply chains, build local skills and industrial capability, and lay the foundation to power economies across Asia and beyond.”
New initiatives and milestones announced at the event included the following: Commissioning of Nhon Trach 3&4 power plants; Powering PV Power’s LNG Power Plant in Vietnam; Powering the VinEnergo Hai Phong LNGfired- Power Plant; Powering Quang Trach II LNG Power Plant; Plans to invest in a Grid Solutions manufacturing site in Vietnam; MoU to explore potential opportunities in HVDC technology.
GE Vernova’s equipment provides up to 30% of the Vietnam’s electricity needs, with over 1,100 employees across 9 locations from various GE Vernova businesses throughout the country. GE Vernova’s global customers are served by a global network of repair and manufacturing capabilities which include GE Vernova’s Phu My repair facility and Dung Quat HRSG manufacturing plant in Vietnam.
