Mr. Pham Nhat Vuong, Chairman of Vingroup, transferred over 60 million VIC shares to VinEnergo to increase its capital, a transaction completed on October 9, 2025. This deal is valued at approximately 10.8 trillion VND, aimed at expanding Vingroup’s green energy strategy. VinEnergo, with a registered capital of 2 trillion VND, plans to raise it to 10 trillion VND to meet the minimum requirement for participating in offshore wind projects. Vingroup is expected to launch a 400MW wind power project in Ha Tinh, scheduled to be operational by 2028. Additionally, VinEnergo is involved in the LNG thermal power plant project in Hai Phong with an investment of 178 trillion VND. Notably, VinEnergo has signed cooperation with FIMO Center to transfer offshore wind measurement data, initiating large-scale wind energy projects in Vietnam.
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