--- title: "EVN's Quảng Trạch II power plant will start operating at least six months later than its planned April 2030 opening, putting Vietcombank into financial risk." description: "EVN began building the VND 40.1 trillion (US$1.5 billion) plant on 20 October but has yet to sign a gas supply agreement with PV GAS. The plant needs gas for testing from April 2029, yet the Vũng Áng " url: "https://bilby.ai/predictions/p/177/evn-s-quang-trach-ii-power-plant-will-start-operating-at-least-six-months-later-" markdown: "https://bilby.ai/predictions/p/177/evn-s-quang-trach-ii-power-plant-will-start-operating-at-least-six-months-later-.md" index: "https://bilby.ai/llms.txt" --- > For agents: Bilby answers questions about what governments do, from documents collected at source and checked by research analysts. To ask Bilby yourself, connect to its MCP server at https://pulse.bilby.ai/mcp (setup: https://docs.bilby.ai/developers/mcp-server). Every page on this site is also markdown: add .md to its address, or send Accept: text/markdown. https://bilby.ai/llms.txt lists them all. # EVN's Quảng Trạch II power plant will start operating at least six months later than its planned April 2030 opening, putting Vietcombank into financial risk. - **Made:** 21 Oct 2026 - **By:** Owen Bae - **Market:** Vietnam - **Outcome:** Unresolved EVN began building the VND 40.1 trillion (US$1.5 billion) plant on 20 October but has yet to sign a gas supply agreement with PV GAS. The plant needs gas for testing from April 2029, yet the Vũng Áng import terminal that will supply it was still at the feasibility-study stage in August 2026. Similar delays affected Vietnam's Nhơn Trạch 3 and 4 power plants, which only began operating in January 2026 after power-sale negotiations dating back to 2019. EVN is particularly vulnerable because it already has VND 13 trillion in accumulated losses and is borrowing VND 29.6 trillion (US$1.1 billion) for the project. With no alternative gas supplier, EVN may have to accept higher prices or pay for gas it does not use, leaving Vietcombank, its largest lender with VND 11 trillion (US$420 million) committed financially vulnerable to further delays. [Ask Bilby about this prediction](https://pulse.bilby.ai/?prompt=EVN's%20Qu%E1%BA%A3ng%20Tr%E1%BA%A1ch%20II%20power%20plant%20will%20start%20operating%20at%20least%20six%20months%20later%20than%20its%20planned%20April%202030%20opening%2C%20putting%20Vietcombank%20into%20financial%20risk.) ## Ask Bilby about it Carry the prediction into a question: what has changed since, who decides, and who is exposed. - [What has changed since it was made?](https://pulse.bilby.ai/?prompt=What%20has%20changed%20since%20Bilby%20predicted%20this%3F%20EVN's%20Qu%E1%BA%A3ng%20Tr%E1%BA%A1ch%20II%20power%20plant%20will%20start%20operating%20at%20least%20six%20months%20later%20than%20its%20planned%20April%202030%20opening%2C%20putting%20Vietcombank%20into%20financial%20risk.) - [Who decides whether it happens?](https://pulse.bilby.ai/?prompt=Who%20decides%20whether%20this%20happens%3F%20EVN's%20Qu%E1%BA%A3ng%20Tr%E1%BA%A1ch%20II%20power%20plant%20will%20start%20operating%20at%20least%20six%20months%20later%20than%20its%20planned%20April%202030%20opening%2C%20putting%20Vietcombank%20into%20financial%20risk.) - [Who gains and who loses if it does?](https://pulse.bilby.ai/?prompt=Who%20gains%20and%20who%20loses%20if%20this%20happens%3F%20EVN's%20Qu%E1%BA%A3ng%20Tr%E1%BA%A1ch%20II%20power%20plant%20will%20start%20operating%20at%20least%20six%20months%20later%20than%20its%20planned%20April%202030%20opening%2C%20putting%20Vietcombank%20into%20financial%20risk.) ## More from Vietnam 8 predictions on Vietnam so far, newest first. - 29 Oct 2026 · [Vietnam’s e-commerce crackdown will favour Shopee over TikTok.](https://bilby.ai/predictions/p/196/vietnam-s-e-commerce-crackdown-will-favour-shopee-over-tiktok) · Unresolved - 22 Sep 2026 · [Japanese semiconductor firms will gain an expansion advantage in Vietnam over rival foreign manufacturers through 2028.](https://bilby.ai/predictions/p/116/japanese-semiconductor-firms-will-gain-an-expansion-advantage-in-vietnam-over-ri) · Unresolved - 18 Sep 2026 · [DATC-led restructuring will concentrate Vietnam’s property sector in a handful of better-capitalised firms.](https://bilby.ai/predictions/p/112/datc-led-restructuring-will-concentrate-vietnam-s-property-sector-in-a-handful-o) · Unresolved [All 8 from Vietnam](https://bilby.ai/predictions/log?tag=vietnam) · Marked true or false when each resolves ## See what we’re seeing next. New predictions in the Asia Daily Take, free every weekday, and in Bilby whenever you have a question. [Get the Asia Daily Take](https://bilby.ai/asia#asia-daily-take) · [Try Bilby](https://pulse.bilby.ai/sign-up)