New green energy partnership opportunities for Finnish companies in Vietnam
Vietnam is advancing key energy infrastructure projects under the EU’s Global Gateway initiative, aimed at supporting a green and just energy transition. Finnpartnership invites Finnish companies to explore two Global Gateway flagship projects under preparation in Vietnam — both offering potential for collaboration, innovation, and sustainable impact.
The EU Global Gateway is the European Union’s strategic investment initiative to strengthen sustainable and trusted connections around the world. For Finnish companies, it opens doors to financing opportunities, public-private partnerships, and access to high-potential markets. Projects supported by Global Gateway are aligned with EU values, emphasizing sustainability, transparency, and fair competition—which creates a level playing field for Finnish expertise in fields like green technology, energy, and infrastructure.
1. Bac Ai Pumped Storage Hydropower Project
Procurement expected: Q3 2025
Lead financier: Agence Française de Développement (AFD)
Vietnam’s first pumped storage hydropower plant will play a vital role in energy balancing. Finnish companies with expertise in energy storage, grid integration, and civil engineering are encouraged to prepare for upcoming tenders.
2. Tri An Hydropower Plant Extension
Project value: EUR 134 million
Lead financier: KfW (Germany)
This project will expand the existing 400MW plant with an additional 200MW turbine. Opportunities include civil works, hydroelectric equipment, and sustainable infrastructure development. Construction is expected to begin in late 2025.
Tenders will be published on donor websites. Follow updates directly from:
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Global Gateway
The EU is mobilising billions in investment in developing markets which opens new business opportunities for Finnish companies.
