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flag GE Vernova invests $200M in Vietnam to build an HVDC transformer plant by 2028, advancing cleaner energy and grid stability.

flag GE Vernova is expanding its presence in Vietnam with a $200 million investment to build an HVDC transformer manufacturing facility in Haiphong, set to open in 2028, boosting grid infrastructure and supply chain resilience. flag The company is advancing Vietnam’s energy transition through new LNG power projects, including the Quynh Lap and VinEnergo Haiphong plants, and converting the Quang Trach II coal plant to LNG. flag These efforts support cleaner energy, grid stability, and renewable integration. flag The initiatives were highlighted at the inaugural Energy of Change Summit in Hanoi, where GE Vernova also announced Vietnam as host of its 2026 Future Energy Leadership conference, underscoring deepening U.S.-Vietnam energy ties and regional collaboration.

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