GE Vernova to build $200M HVDC manufacturing facility in Hai Phong, Vietnam

GE Vernova announced approximately $200 million investment in a new HVDC manufacturing facility in Hai Phong, Vietnam. The plant will manufacture high-power transformers for HVDC transmission projects, is expected to be fully operational by 2028, and will create more than 400 jobs.

“GE Vernova announces approximately $200 million investment in a new HVDC manufacturing facility in Hai Phong to support Asia’s fast‑growing energy demand.”gevernova.com

• 5 sources
• gevernova.comGE Vernova powers Vietnam’s energy transition with key regional commitments at inaugural Energy of Change Summit | GE Vernova NewsSimon. LangfordMar 10, 2026
• english.vov.vnGE Vernova to invest US$200 mil in Hai Phong manufacturing plantVOVMar 10, 2026
• en.vneconomy.vnGE Vernova invests $200 million in a new facility in Hai Phong - VnEconomyThu HoangMar 10, 2026
• thoibaotaichinhvietnam.vnGE Vernova to invest $200 million in HVDC transformer plant | Thời báo Tài chính Việt NamThanh SonMar 12, 2026
• asiapacifictelegraph.com

Summarized from public sources; check the original articles before acting on it.