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- Surprise Replacement Option Emerges for Vingroup's VND 178,000 Billion Mega Project, Vietnam's Largest
At the Ministry of Industry and Trade's Q3 2026 press briefing, officials confirmed the Hai Phong LNG Power Project (a joint venture of Vingroup and VinEnergo, construction started in September 2025) has reached an agreement to supply gas turbines from GE of the US. The ministry received a proposal to replace the plant with a renewable energy complex combined with a battery energy storage system (BESS), but has reported to the Prime Minister and recommended continuing the LNG project under the approved plan while awaiting guidance on the new proposal. The 100-hectare project in Tan Trao Industrial Park has a capacity of 4,800 MW and investment of over VND 178,000 billion, with phase 1 at 1,600 MW expected to operate in 2030 and phase 2 adding 3,200 MW around 2035. Once complete, total output will reach 19.2 billion kWh per year, and the GE Vernova 9HA.02 turbines can burn up to 50% hydrogen by volume.
- Promising Renewable Energy Stocks To Add to Your Watchlist – October 21st
According to MarketBeat's stock screener, Quanta Services (PWR), WEC Energy Group (WEC) and Clearway Energy (CWEN) are the three renewable energy stocks to watch, having recorded the highest dollar trading volume in the sector over the last several days. The article explains that these shares give investors exposure to clean energy from sources such as solar, wind, hydroelectric, geothermal and biomass, though their performance can be affected by government policy, technology costs, interest rates, competition and energy-market conditions. It profiles each company briefly: Quanta Services provides infrastructure for the electric, gas, renewable energy, communications and pipeline industries, WEC Energy Group provides regulated natural gas and electricity services in the US, and Clearway Energy operates wind, solar and other generation projects with about 6,000 net MW installed.
- Petronas wants to bring Vietnamese offshore wind power to Malaysia and Singapore
Malaysia's national oil company Petronas wants to help develop a project that would carry Vietnam's offshore wind power through Malaysia to Singapore under the VMS (Vietnam-Malaysia-Singapore) project. Petronas Vietnam representative Aimy Zairin Mohamed said the project aims to link Vietnam's clean power with regional markets and could become a pioneering model for the ASEAN Power Grid. Vietnam's wind resource could exceed 400 GW, and the planned route would send power by undersea cable to Malaysia, connect it to the local grid, then onward to Singapore. The four partners are Petronas (coordinator), Tenaga Nasional Berhad, PVS and Sembcorp Utilities of Singapore. Petronas, present in Vietnam for 35 years, will also work with PetroVietnam on domestic oil and gas, LNG imports and renewables, aiming to balance energy security, affordability and sustainability.
- AllianceBernstein : How to Invest Smarter in the Race for Electrification
AllianceBernstein's analysis argues that renewables may come online fastest as economies electrify, thanks to low costs and quick speed to market. Rising power demand, driven in part by AI, makes wind and solar among the most viable additions, especially when paired with battery storage, while gas turbine order books are sold out for years. Aging grids in the US and much of the developed world need upgrades to handle higher loads, benefiting companies such as Prysmian, Hitachi, Hubbell, Schneider and CATL, which have order backlogs extending several years. The authors say investors need to be selective, paying attention to operational efficiency, regulatory and competitive factors, and the quality of data disclosure across supply chains.
- Google Partners With Xcel Energy To Fuel New AI Data Center With Clean Power
Alphabet has proposed a deal with Xcel Energy to power a planned 780-megawatt AI data center in Pine Island, Minnesota, a town of about 4,000 people. Google would help pay for new power supply on Xcel's grid, which includes 1,400 megawatts of wind, 200 megawatts of solar and 300 megawatts of battery storage. Under the deal, Google would pay for at least 75% of its contracted capacity even if it uses less, and could owe up to eight years of minimum charges if it ends the deal early; the deal still needs approval from the Minnesota Public Utilities Commission. The article cites a Gallup survey in which 71% of Americans oppose a data center in their local area, with energy use a top concern, while Google aims to run on carbon-free energy around the clock by 2030.
- Prime Minister: Power Development Must Still Keep Prices 'Reasonable for the People'
On the afternoon of 20/10, the National Assembly discussed in group sessions a draft amendment to the Electricity Law, where Prime Minister Lê Minh Hưng said large investment is needed for power development but electricity prices must stay 'reasonable for the people'. With hydropower at its limit and thermal power restricted by net-zero emissions commitments, the strategy focuses on domestic gas, LNG, solar and wind, though the PM warned that expensive LNG would push electricity prices up. The amendment also aims to simplify investment procedures, as one company spent 10 years on paperwork for an offshore wind project. Power Plan VIII for 2025-2035 has been adjusted to include about 21 LNG projects with 36,000 MW, while total installed capacity reached about 87,600 MW by end-2025. The target is 183,000-236,000 MW by 2030, and the government has directed a review and update of Power Plan VIII to ensure projects are feasible.
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Yahoo Finance's Brian Sozzi discusses Tesla (TSLA)'s Cybercab expansion and its relevance amid a possible merger with SpaceX (SPCX). Elon pointed to 2 million cumulative unsupervised robotaxi miles by quarter-end, Austin operating hours now run 6:00 a.m. to midnight, and more Cybercabs are expected in more cities in coming months. The Austin Cybercab fleet has grown by a factor of 10 since launch about a month ago. Tesla shares fell partly because the company cut capex by $5 billion, which Sozzi attributes to Optimus robot production bottlenecks rather than the Cybercab. He argues that with merger talks being explored, investors should start thinking of SpaceX and Tesla as one company.
- Crypto for Advisors: Stablecoins are ready for prime time
CoinDesk's Crypto for Advisors newsletter cites an EY-Parthenon 2026 Blockchain Payments Survey of 521 corporate and financial institution decision-makers. It found 18% of corporates have used stablecoins in production, double the 2025 share, while 15% report adopting tokenized deposits. Some 69% of financial institutions offer or plan to launch stablecoin services within two years, up from 30% in 2025. Cross-border business payments are the leading use case, and 45% of corporates and 53% of financial institutions favor using both stablecoins and tokenized deposits. Corporates strongly prefer blockchain payments integrated into existing banking interfaces (74%), and 63% would likely adopt them if offered by their current bank or payments provider.
- Is USA Rare Earth Stock a Once-in-a-Generation Reshoring Opportunity?
The article examines whether USA Rare Earth (USAR) can help the U.S. and its allies secure critical minerals, given China's dominance in rare-earth extraction and processing. China banned rare-earth exports in October 2025 in response to U.S. tariffs and chip restrictions; the ban was later temporarily lifted, though some Chinese companies have canceled U.S. exports, and China has also banned technology exports to USA Rare Earth and MP Materials. USAR shares are down roughly 15% in 2026 and about 74% from their lifetime high last October. Excluding the recently acquired Brazil-based Serra Verde, the company is essentially pre-revenue, though U.S. government supply agreements offer some pricing floor protection. With a market cap of roughly $4 billion and a target of about $1.8 billion in EBITDA for 2030, the author sees a worthwhile risk-reward profile for risk-tolerant investors, while stressing the stock is not low-risk.
- Nebius Declines 6% Despite Fresh Citi Financing; CoreWeave Drops 5%, Cloudflare Edges Higher
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- How agentic AI shopping changes consumer staples: P&G CFO
P&G reported strong first-quarter earnings and reiterated its full-year revenue forecast. In an interview with Yahoo Finance, CFO Andre Schulten said that people using its products remains the core of the business, but the consumer's path to purchase is changing as AI agents buy on people's behalf, so P&G is proactively working out how agent-to-agent marketing works and how to distribute brand information. He said the company is also using decades of collected data and simpler algorithms to speed up molecule discovery, automate data extraction and analysis, and make forecasting more efficient. On marketing, he said algorithms weigh credibility, so P&G plans to publish and make accessible its scientific publications, independent studies and consumer reviews, an approach he believes gives big brands an advantage.
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