GE Signs Agreement to Develop Vietnam LNG Power Plant

GE will be contracted to install the gas turbine technology at the LNG power plant near Ho Chi Minh City. 

Photographer: Luke Sharrett/Bloomberg
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General Electric Co. and a Vietnamese company signed a memorandum of understanding to develop an LNG power plant near Ho Chi Minh City.

The signing between GE and EVN Genco3 took place during an event with President Donald Trump’s National Security Adviser Robert O’Brien in Hanoi on Saturday. O’Brien, in Vietnam for a three-day visit which includes meetings with government officials and a speech to international relations students, said the companies will develop a plant that will provide 3,600 megawatts of power.