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GE Vernova has announced the commercial operation of the Nhon Trach 3 and 4 combined-cycle gas power plants, developed by PetroVietnam Power Corporation (PV Power). With a total installed capacity of 1.6 GW, the project is located at Ong Keo Industrial Park, Dai Phuoc Commune, approximately 70 km southeast of Ho Chi Minh City.

The year 2025 marked a critical inflection point in the development trajectory of Vietnam’s energy sector. Moving beyond plans on paper and prolonged policy debates, the year witnessed a clear shift from strategic orientation to concrete action. From the first LNG-fired power plants entering commercial operation to the initial steps toward reshaping electricity pricing structures based on market signals, Vietnam’s energy sector has moved past a phase of rapid expansion and entered an era of deeper, efficiency-driven optimization.

On the morning of December 14, in Dong Nai Province, Prime Minister Pham Minh Chinh attended the inauguration ceremony of the Nhon Trach 3 and 4 LNG power plants, a landmark project celebrating the 14th National Congress of the Communist Party of Vietnam.