Thai-Vietnamese Leaders Discuss Renewable Energy Investment Expansion

Thansettakij•Economy•21h ago

Reader Briefing

Thai and Vietnamese leaders met to discuss expanding renewable energy investments in Vietnam, with GULF playing a key role.

•Thai businessman Sarath Ratanavadi met with Vietnamese President To Lam during the latter's official visit to Thailand.
•The discussion focused on expanding renewable energy investments in Vietnam, particularly a 247 MW project.
•President To Lam's visit marks his first to Thailand as President and Thailand's first ASEAN country visit.
•Gulf Energy Development (GULF) is a key player, with ongoing investments in solar and wind power in Vietnam.

•Between May 27 – 28, 2026, Vietnamese President To Lam officially visited Thailand.
•The visit by Vietnamese President To Lam marked his first to Thailand as President and was the first official visit by a Vietnamese President to an ASEAN nation.
•Sarath Ratanavadi held discussions with Vietnamese President To Lam concerning the expansion of investments in Vietnam, specifically in renewable energy.
•Gulf Energy Development (GULF) has invested in three renewable energy projects in Vietnam with a total capacity of 247 megawatts, comprising two solar power plants and one wind power plant.
•Vietnamese President To Lam stated that close cooperation and the determination of Thai and Vietnamese leaders will be a key driver for sustainable growth.
•Thai and Vietnamese private sectors, particularly GULF, are committed to promoting clean energy and infrastructure investment between the two countries.
•The discussions took place amidst global geopolitical challenges and the push towards a low-carbon society, with GULF already involved in Vietnam's energy transition.
•GULF is ready to collaborate with both public and private sectors in Vietnam to drive continuous investment in clean energy and infrastructure in both countries.

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Vietnamese President To Lam

"The close cooperation and determination of Thai and Vietnamese leaders will be a key driver for both countries to grow sustainably together."

ความร่วมมือที่ใกล้ชิดและเจตนารมณ์ของผู้นำไทยและเวียดนามจะเป็นแรงขับเคลื่อนสำคัญ ที่ทำให้ทั้ง 2 ประเทศเติบโตร่วมกันอย่างยั่งยืน

Sarath Ratanavadi(สารัชถ์)

A key figure in Thai business, involved in discussions regarding investment expansion in Vietnam.

To Lam(โต เลิม)

President of the Socialist Republic of Vietnam, making an official visit to Thailand.

Vietnam(เวียดนาม)ℹ️

The country where investment expansion and renewable energy projects are being discussed.

Thailand(ประเทศไทย)ℹ️

The host country of the official visit and the location of discussions on investment.

Socialist Republic of Vietnam(สาธารณรัฐสังคมนิยมเวียดนาม)ℹ️

The official name of Vietnam, relevant to the President's title and visit.

Gulf Energy Development(GULF)ℹ️

A leading Thai private sector entity actively involved in renewable energy investments in Vietnam.

Renewable Energy(พลังงานหมุนเวียน)ℹ️

The focus of investment expansion discussions between Thailand and Vietnam.