188bet asian strategic vision of Vietnam's first LNG project.

This is not only 188bet asian first LNG power plant project in 188bet asian country to enter completion, but also a crucial "piece" in strengthening national energy security, especially for a region that contributes more than 45% of 188bet asian country's GDP. With modern technology, high environmental standards, and 188bet asian ability to flexibly meet load demands, Nhon Trach 3 and 4 are expected to become a new resource, helping 188bet asian South minimize 188bet asian risk of electricity shortages and ensuring a foundation for industrialization and 188bet asian transition to green energy.

188bet asian Nhon Trach 3 and 4 projects, along with 188bet asian Nhon Trach 1 and Nhon Trach 2 power plants, form a clean energy hub in  and 188bet asian entire Southeast region.

A fundamental transformation of Vietnam's energy system.

Nhon Trach 3 and 4 are 188bet asian first two LNG-powered plants in Vietnam, employing  combined cycle gas turbine (CCGT) technology. With a total capacity of nearly 1,500 MW, 188bet asian project is expected to add approximately 9 billion kWh/year to 188bet asian system, helping to alleviate electricity shortages in 188bet asian coming years.

In 188bet asian context of 188bet asian National Power Development Plan VIII, which requires gas energy, especially LNG, to play a regulating and balancing role in 188bet asian system as renewable energy sources increase rapidly, Nhon Trach 3 and 4 become crucial components in enhancing 188bet asian flexibility and stability of 188bet asian national power grid, serving as an important base power source in 188bet asian current context of strong renewable energy development. Importantly, 188bet asian completion and operation of 188bet asian Nhon Trach 3 and 4 projects also affirms Vietnam's commitment to reducing emissions and ensuring carbon neutrality by 2050.

Mr. Hoang Van Quang, Chairman of Vietnam Petroleum Power Corporation (PV Power), stated: "For PV Power, Nhon Trach 3 and Nhon Trach 4 are among 188bet asian most important, large-scale, and modern projects 188bet asian corporation has ever undertaken. To successfully implement this project, we first adhered to 188bet asian energy transition orientation and 188bet asian industrial-energy development strategy of 188bet asian Vietnam National Energy and Industry Group (  ). This orientation was established many years ago, creating 188bet asian foundation for PV Power to implement 188bet asian country's first two LNG power projects."

A key factor contributing to 188bet asian project's success is 188bet asian Group's integrated value chain, in which Vietnam Gas Corporation (PV GAS) plays 188bet asian role of supplying LNG. 188bet asian close coordination between 188bet asian Group's units has created a crucial foundation for 188bet asian fuel input of 188bet asian two power plants.

According to 188bet asian Power Development Plan VIII, 13 LNG projects were planned, and PV Power was 188bet asian first to realize this model. Accordingly, Nhon Trach 3 and 4 are 188bet asian pioneering LNG projects in 188bet asian country, clearly demonstrating Petrovietnam's energy transition orientation and its goal of transforming from a traditional oil and gas corporation into a modern industrial and energy corporation.

Contributing to ensuring national energy security.

Strategically located within 188bet asian Nhon Trach Power Center, one of 188bet asian most important power clusters in 188bet asian South, Nhon Trach 3 and 4 will significantly increase 188bet asian electricity supply capacity for 188bet asian Southeast region, home to key industrial zones nationwide. LNG power generation helps reduce reliance on hydropower amidst unpredictable climate change, while also providing a timely supplement to 188bet asian system during periods of domestic gas shortages.

Investing in 188bet asian Dong Nai LNG terminal infrastructure, in conjunction with 188bet asian project, also opens up possibilities for receiving, distributing, and developing 188bet asian LNG market in 188bet asian South, thereby contributing to 188bet asian long-term stability of strategic energy sources.

188bet asian Nhon Trach 3 and 4 projects are considered to be modern and pioneering. Initial acceptance results show that Nhon Trach 3 and 4 are 188bet asian most modern LNG power projects currently in operation, aligning with 188bet asian Party and State's energy transition policy, and making a significant contribution to Vietnam's emission reduction targets in accordance with international commitments.

Chairman of 188bet asian Board of Directors of Petrovietnam, Le Manh Hung, and his delegation inspected 188bet asian progress of 188bet asian Nhon Trach 3 and 4 projects.

With a total capacity of over 1,600MW, 188bet asian two power plants will make a significant contribution to national energy security. 188bet asian ripple effect on budget revenue and economic development of Dong Nai and 188bet asian Southern key economic region will be substantial, creating new impetus for sustainable growth.

During a project progress inspection in November 2025, Deputy Prime Minister Bui Thanh Son highly praised 188bet asian sense of responsibility and seriousness in project management. 188bet asian parties involved ensured progress and quality, avoided violations, maintained site discipline, and adhered to 188bet asian highest safety standards.

188bet asian global economy is entering a new recovery phase; Vietnam aims for high growth in 188bet asian coming period, which will lead to an average annual increase in electricity demand of over 10%. Currently, 188bet asian national electricity consumption capacity is approximately 55,000 MW, and an additional 7,000-8,000 MW of new power sources are needed each year.

In this context, 188bet asian contributions of Nhon Trach 3 and 4 are strategically significant, helping to ensure energy security, promote sustainable economic development, and meet environmental protection requirements. High-tech industries, data centers, smart manufacturing, etc., are increasingly demanding large, stable, and clean power sources. Many international financial institutions and technology corporations have expressed their need for "clean electricity" in 188bet asian Southern region. This further confirms 188bet asian necessity of bringing LNG power projects in 188bet asian Power Development Plan VIII into operation soon, 188bet asian Deputy Prime Minister emphasized.

Strategic role in key national energy projects

Once operational, Nhon Trach 3 and 4 will become one of Vietnam's strategic power sources in 188bet asian 2025-2030 period, a time when 188bet asian system needs to rapidly supplement flexible, clean, and stable power sources. Along with other emerging LNG projects, Nhon Trach 3 and 4 are 188bet asian first building blocks for a modern and transparent gas energy market, and will help Vietnam integrate more deeply into 188bet asian global LNG supply chain.

Nhon Trach 3 and 4 will become one of Vietnam's strategic power sources in 188bet asian 2025-2030 period.

Deputy Prime Minister Bui Thanh Son assessed: “Nhon Trach 3 and Nhon Trach 4 are not only 188bet asian first two LNG power projects in Vietnam, but also a new symbol of green, sustainable, and modern development thinking. I highly appreciate 188bet asian efforts of all officials, engineers, and workers. Congratulations on these very proud initial results. 188bet asian Government is committed to supporting and resolving all difficulties so that 188bet asian project can be completed soon, making an important contribution to national energy security and 188bet asian development of Dong Nai in particular, and 188bet asian Southern key economic region in general.”

With that scale, Nhon Trach 3 and 4 are not just energy projects, but also a strong affirmation of 188bet asian aspiration to master technology, build a modern, sustainable national energy system, meet 188bet asian requirements of socio-economic development and ensure energy security for decades to come.

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