VN Digest: Vingroup's VinEnergo to go global; tech giants join Qualcomm for 6G innovation

VN Digest: Vingroup's VinEnergo to go global; tech giants join Qualcomm for 6G innovation

Mr. Nguyen Anh Khoa, CEO of VinEnergo (left), and Mr. Karsten Nielsen, Founder and CEO of GreenGo Energy Group (right), at the partnership signing ceremony between the two parties.

Vietnam’s VinEnergo JSC, part of the green energy pillar of Vingroup, has unveiled a global expansion plan, targeting 100 GW of renewable energy capacity over the next three years. In a separate development, three Vietnamese big tech companies—Viettel Group, FPT Corporation and VNG—have joined Qualcomm to expedite the development and global deployment of 6G.

Vingroup’s VinEnergo JSC announces global expansion plan

Vietnam’s VinEnergo JSC, which is part of the green energy pillar of Vingroup, has unveiled ambitious overseas expansion plans, targeting 100 GW of renewable energy capacity over the next three years as it seeks to deepen its participation in global energy transition.

VinEnergo is initially focusing on Asia and Europe with a renewable energy project portfolio totalling 10 GW that has officially secured development agreements.

Under its overall plan, VinEnergo targets developing 100 GW of renewable energy over the next three years, including 50 GW in core international markets such as North America, Northern Europe, the Mediterranean, and Southeast Asia. These regions demonstrate rapidly-growing power demand, strong renewable energy promotion policies, and significant development headroom for international investors.

In parallel, VinEnergo will also explore expansion into other potential markets such as Central Asia and Africa, where electricity demand and emissions reduction requirements are rising rapidly.

VinEnergo has secured green financing from international lenders and signed agreements with foreign partners to co-develop a 10 GW renewable energy pipeline, with a strategy to manage the full project lifecycle from structuring to long-term operations.

In Northern Europe, the company is partnering with GreenGo Energy on a 2 GW portfolio in Denmark and Sweden, with plans to scale up to 6.2 GW across the region.

In the Philippines, VinEnergo will develop projects totalling 1.3 GW with NKS Renewables Inc, 1.2 GW with URG Asia Corporation, and 1.3 GW with 11.11 Growth Properties, focusing on large-scale solar power projects in favourable areas such as Luzon, Visayas, and Mindanao.

According to the plan, in the first quarter of 2026, VinEnergo will increase its total international renewable energy portfolio to 20 GW, with at least 8 GW of additional projects in Southeast Asia and Africa to be signed during the period.

In 2025, VinEnergo broke ground on the Hai Phong LNG thermal power plant, with a total investment of approximately  178 trillion dong and a designed capacity of 4,800 MW, placing it among the largest LNG-to-power projects in Vietnam and globally.

VinEnergo has also been assigned as the investor for two offshore wind power projects in Ha Tinh, totaling approximately 900 MW, with a combined investment exceeding 39 trillion dong.

Three big tech firms partner Qualcomm for 6G innovation

Three of Vietnam’s big tech companies—Viettel Group, FPT Corporation and VNG—have joined a strategic coalition by Qualcomm Technologies, with leading industry partners to accelerate the development and global deployment of 6G.

Revealed at MWC Barcelona 2026, the collaboration establishes a clear, milestone-driven roadmap focused on delivering 6G commercial systems starting from 2029 onwards.

Global partners supporting this coalition include Airtel, Amazon, Asus, BT Group, Cisco, Dell, e&, Ericsson, FPT Corporation, Fujitsu/1finity, Google, HP, HPE, HUMAIN, KDDI, KT, Lenovo, LG Electronics, LG Uplus, Meta, Microsoft, Motorola, NEC Corporation, Nokia, NTT DOCOMO, Reliance Jio, Samsung Electronics, Sharp, Siemens, SK Telecom, Snap, Inc., Stellantis, Swisscom, Tejas Networks, Telstra, TIM Group, T-Mobile, Viettel Group, VNG, and YTL.

The collaboration focuses on three core architectural domains: devices, networks, and cloud infrastructure. The companies participating in this effort are committed to a shared objective to advance 6G as an intelligent, AI-native device and network platform.

This includes driving timely development of essential 6G standards, early system validation, demonstration of 6G spec-compliant pre-commercial devices and networks in 2028, establishing a common industry benchmark for 6G readiness, and initial rollout of global and interoperable commercial 6G systems starting from 2029 onwards.

Together, the members will also build capabilities for new business models and services to accelerate adoption and create value across the 6G ecosystem.

Edited by: Pramod Mathew

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