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PV Power, part of Petrovietnam, is developing the Nhon Trach 3 and 4 LNG power plants with a total investment of about $1.4 billion. These plants will have a combined capacity of 1,624MW and are expected to produce over 9 billion kWh per year.

The project employs advanced 9HA.02 gas turbines from GE, achieving high efficiency and flexibility in fuel use. It faces legal and procedural challenges but is on track due to support from management agencies. The project is significant for Vietnam's energy security and aims to reduce carbon emissions, aligning with the country's commitment to carbon neutrality by 2050.