News · CafeF

First $1.4 billion LNG mega-project in Vietnam goes into operation, a "giant" expected to earn about VND 46,000 billion in nine months

PV Power (ticker POW) reported estimated electricity output of 18.954 billion kWh for the first nine months of 2026, up 41% year on year and 19% above plan, with group revenue estimated at 46,161 billion VND, up 77%. Vung Ang 1 remained the main source at 5.709 billion kWh, while Nhon Trach 2 reached 3.184 billion kWh, 50% above plan. The company said that focused maintenance and early completion of overhauls helped it reach 100 million kWh of output on 14/4/2026, nearly 10% of national electricity demand that day. On fuel, it completed 8 LNG cargoes at the Thi Vai terminal totaling 23.8 million MMBTU and signed a term LNG agreement of 20.7 million MMBTU per year for 2027-2031. Two new LNG projects, Quynh Lap and Vung Ang III, each planned at 1,500 MW, are being prepared.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: Vận hành siêu dự án LNG 1,4 tỷ USD đầu tiên tại Việt Nam, một "gã khổng lồ" ước thu về 46.000 tỷ đồng sau 9 tháng

Read the original on CafeF ↗

Related tickers and likely impact

GAS

▲ Likely positive

PetroVietnam Gas

Relevance: low

MarketVietnam stocks
ExchangeHOSE
SectorUtilities
IndustryGas Distribution
Market cap183,625 bn VND
P/E14.4
P/B2.67
Close on 10/13/202678.50
Change that session-0.63%
GAS price, forecasts and signals →

Impact is scored by AI from the headline and may be wrong. It is not investment advice.

Related news

  • Surprising Profit Forecasts for Securities, Oil & Gas and Fertilizer Groups in 2027

    Pinetree forecasts 2027 profit growth of about 34% for insurance, 18% for industrial parks and 7% for technology, while securities profit may fall 19%. Banks account for about 45% of projected 2026 listed profit, with profit at 27 listed banks expected to rise 12.6% in 2026 before slowing to 4.9% in 2027 as funding costs climb following recent deposit rate increases. Oil and gas, fertilizer and mining, whose profits were boosted by commodity prices in 2026, are forecast to see profit fall about 30%, 29% and 24% respectively. On foreign capital, foreign investors had net sold over 98,300 billion VND through September 2026, and Pinetree expects this trend to continue in Q4 2026 and early 2027.

    CafeF·▲ BSI▲ BSR▲ DCM▲ DGC
  • Market Pulse 14/10: Red Covers the MarketVietstock·▼ BID▼ CTG▼ HPG▼ TCB
  • Smart Money Tracker, Oct 12: Foreign Investors Net Sell Seven Straight Sessions, PNJ Still Among Heavy Sellers

    On Oct 12, foreign investors net sold 583 billion VND, marking seven straight sessions of net selling since a strong net buying session at the start of October. Proprietary trading, by contrast, net bought 146 billion VND, led by VPB at 223 billion VND. The largest foreign net sales were in TCB (115 billion VND) and PNJ (105 billion VND), while HPG drew the biggest foreign net buying at 128 billion VND. The article notes that PNJ has repeatedly been among the most heavily sold stocks in recent sessions amid sudden capital withdrawals by large institutional shareholders.

    Vietstock·▼ BID▼ CTG▼ FPT▼ GAS
  • Stocks 'in the red' at start of week, VN-Index loses over 14 points

    On October 12, the VN-Index fell 14.11 points (0.81%) to 1,720.9, mainly due to selling pressure on large-cap real estate stocks, with VIC alone pulling the index down about 10 points. Real estate fell the most at 2.49%, followed by oil and gas at 1.79% and chemicals at 1.32%, while banks such as VPB, SHB, TCB and ACB supported the market. The HNX-Index rose 1.18% to 264.6 and the UPCoM-Index rose to 124.7. Foreign investors net sold 615.53 billion VND, including nearly 115 billion VND of net selling in HPG, while HDB led net buying with over 128 billion VND. HoSE liquidity reached nearly 13,000 billion VND.

    CafeF·▼ BID▼ CTG▼ FPT▼ GAS
  • Vietstock Daily 13/10/2026: Pressure Not Over Yet?Vietstock·▼ BID▼ CTG▼ FPT▼ GAS
  • VN-Index Falls to Two-Month Low

    VN-Index fell for four straight sessions on selling pressure in Vingroup-linked stocks, at one point dipping below 1,720 points to its lowest level since late July, before dip-buying pulled it back near that level. Four Vingroup stocks closed below the reference price, with VIC dragging the index down more than 10 points and VHM nearly 4 points. Oil and gas stocks were the weakest sector after oil prices fell following Trump's announcement that Russia and Ukraine agreed to halt attacks on each other's energy infrastructure; PLX and OIL each dropped about 3%, while steelmaker NKG closed up 6.9%. Foreign investors extended net selling to 14 consecutive sessions, and liquidity was about half of the previous week's final session. MB Securities' research team said October seasonality weighs on the market and advised investors to favor individual stocks with third-quarter profit growth from core operations.

    VnExpress·▼ BID▼ CTG▼ FPT▼ GAS

Related markets

Vietnam stocks →

Latest news

  • 3M stock rises 3% on $6B Amazon data center deal

    3M shares rose 3% in after-hours trading after announcing a strategic commercial agreement with Amazon covering data center products. Under the deal, 3M issued an Amazon subsidiary a warrant to buy up to 3,162,015 shares at $164.89 per share over seven years. 85% of the shares vest based on cumulative Amazon payments for data center products, with full vesting once payments reach $6 billion, while the remainder depends on event-based milestones not detailed in the filing. The agreement, formalized on October 19, 2026, centers on 3M supplying optical connectivity and other data center products to Amazon.

    Yahoo Finance·• AMZN
  • Stock Market Today, Oct. 19: Amazon Surges on Morgan Stanley Top Pick and $350 Price Target

    Amazon (AMZN) closed at $262.45 on Oct. 19, up 4.98%, after Morgan Stanley named it a top pick, kept an Overweight rating and raised its price target to $350 from $335. Morgan Stanley cited the AI boom as a key driver and five catalysts, including AWS growth nearly tripling from 2025 to 2028. Trading volume reached 54.5 million shares, about 4% above the three-month average of 38.9 million. AWS revenue in Q2 rose 37% year over year to $42.2 billion, the fastest growth in 18 quarters, and investors await the Q3 report on October 29. Litigation and regulatory risk remain a longer-term overhang on valuation.

    Yahoo Finance·▲ AMZN
  • Tech Stocks Power S & P 500 and NASDAQ Higher

    Global equities moved in different directions on Monday, as a strong technology-led rally on Wall Street contrasted with broad declines across Europe and mixed performance in Asia-Pacific. The S&P 500 rose 31.29 points (0.41%) to 7,690.73, while the NASDAQ Composite jumped 290.85 points (1.11%) to 26,430.89. By contrast, the Dow Jones Industrial Average slipped 36.38 points (0.07%) to 51,966.03. In Europe, the FTSE 100 fell 1.08%, the DAX dropped 1.18% and the CAC 40 lost 1.11%. In Asia, the Hang Seng gained 0.52% and the S&P/ASX 200 rose 0.44%, while the Nikkei 225 fell 0.62% and the IDX Composite plunged 3.64%.

    taiwansun.com·▲ QQQ▲ SPY
  • Tech Stocks Power S & P 500 and NASDAQ Higher

    Global equities moved in different directions on Monday, as a strong technology-led rally on Wall Street contrasted with broad declines across Europe and mixed performance in Asia-Pacific. The S&P 500 rose 31.29 points (0.41%) to 7,690.73, while the NASDAQ Composite jumped 290.85 points (1.11%) to 26,430.89. By contrast, the Dow Jones Industrial Average slipped 36.38 points (0.07%) to 51,966.03. In Europe, the FTSE 100 fell 1.08%, the DAX dropped 1.18% and the CAC 40 lost 1.11%. In Asia, the Hang Seng gained 0.52% and the S&P/ASX 200 rose 0.44%, while the Nikkei 225 fell 0.62% and the IDX Composite plunged 3.64%.

    milwaukeesun.com·▲ QQQ▲ SPY
  • Tech Stocks Power S & P 500 and NASDAQ Higher

    Global equities moved in different directions on Monday, as a strong technology-led rally on Wall Street contrasted with broad declines across Europe and mixed performance in Asia-Pacific. The S&P 500 rose 31.29 points (0.41%) to 7,690.73, while the NASDAQ Composite jumped 290.85 points (1.11%) to 26,430.89. By contrast, the Dow Jones Industrial Average slipped 36.38 points (0.07%) to 51,966.03. In Europe, the FTSE 100 fell 1.08%, the DAX dropped 1.18% and the CAC 40 lost 1.11%. In Asia, the Hang Seng gained 0.52% and the S&P/ASX 200 rose 0.44%, while the Nikkei 225 fell 0.62% and the IDX Composite plunged 3.64%.

    srilankasource.com·▲ QQQ▲ SPY
  • Tech Stocks Power S & P 500 and NASDAQ Higher

    Global equities moved in different directions on Monday, as a strong technology-led rally on Wall Street contrasted with broad declines across Europe and mixed performance in Asia-Pacific. The S&P 500 rose 31.29 points (0.41%) to 7,690.73, while the NASDAQ Composite jumped 290.85 points (1.11%) to 26,430.89. By contrast, the Dow Jones Industrial Average slipped 36.38 points (0.07%) to 51,966.03. In Europe, the FTSE 100 fell 1.08%, the DAX dropped 1.18% and the CAC 40 lost 1.11%. In Asia, the Hang Seng gained 0.52% and the S&P/ASX 200 rose 0.44%, while the Nikkei 225 fell 0.62% and the IDX Composite plunged 3.64%.

    tennesseedaily.com·▲ QQQ▲ SPY

All news →

Get the briefing on Telegram or Zalo

Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.