Amidst the challenging environment, strategic investors from the likes of Thailand, Singapore, Japan, and South Korea continue to dominate merger and acquisition transactions in Vietnam.
Thailand’s Ratch Group Public Company Limited has acquired a 51% stake in the 29.7-MW Thanh Phong Wind Power Plant project in Vietnam’s Mekong Delta province of Ben Tre.
Singapore-based renewable energy player Nexif Ratch Energy Investments Pte. Ltd. has started developing a 74-megawatt peak (MWp) solar farm in Camarines Sur.