Vietnamese company Taihan Cable Vina will construct a 400kV high-voltage cable facility in Dong Nai.
Taihan Vina Establishes New Extra-High Voltage Cable Plant in Vietnam
Taihan Vina, a comprehensive wire and cable manufacturer based in Ho Chi Minh City, is set to establish a new 400kV extra-high voltage (EHV) cable production plant in Long Thanh Industrial Zone, Đồng Nai Province, Vietnam. This plant, occupying about 56,200 square meters within Taihan's existing cable factory site, is expected to begin construction in early 2026 and start operations by 2027.
The investment for this new plant is approximately 75 billion won, with Taihan Cable & Solution supporting the project through debt guarantees. Upon completion, it will be the only manufacturing base for 400kV cables in Vietnam and among the region, strengthening Taihan Vina’s role in meeting growing domestic demand and expanding exports to Europe, the Americas, and Oceania.
This expansion forms part of Taihan Vina's strategic plan to build a second global production hub following its Dangjin Cable Factory in South Korea. The company is developing various cable production lines, including inter-array and export cables, with ongoing facility expansions and technology upgrades aimed at global market penetration.
In 2024, Taihan Vina recorded sales of KRW140.3 billion ($101.23 million), an on-year increase of about 20 per cent. This growth was driven by ongoing facility expansion and technology investments.
Separately, PetroVietnam Technical Services Corporation (PTSC) and LS Eco Energy are partnering to build a high-voltage cable plant in Vietnam, aiming to boost the renewable energy supply chain. The new line of eco-friendly electrical wires by CADIVI, a Vietnamese cable manufacturer, is designed to be environmentally friendly, using lead-free and low smoke halogen free materials.
The high-voltage cable plant project between PTSC and LS Eco Energy is expected to create opportunities for technological advancement in Vietnam's renewable energy sector. LS Eco Energy, a partner in the project, is a South Korean company specializing in energy solutions. Their involvement in the high-voltage cable plant project demonstrates their continued investment in the global energy market.
These initiatives reflect Vietnam's increasing importance as a regional hub for power cable manufacturing and innovation supporting the local power grid and global markets. However, detailed information on other major players and eco-friendly initiatives in Vietnam's cable manufacturing sector was not explicitly mentioned in the search results.
In summary, the expansion of Taihan Vina's production capabilities and the partnerships between PTSC, LS Eco Energy, and the Institute of Energy for superconducting cable projects, are significant steps towards advanced cable technologies and sustainable energy infrastructure development in Vietnam. These developments are expected to contribute positively to the renewable energy sector in Vietnam.
The new 400kV extra-high voltage cable production plant in Long Thanh Industrial Zone, established by Taihan Vina, will cater not only to the growing domestic demand but also expand exports for various markets, such as Europe, the Americas, and Oceania, thus engaging in the global finance and energy sectors.
In a parallel initiative, PetroVietnam Technical Services Corporation (PTSC) and LS Eco Energy are partnering to build a high-voltage cable plant with a focus on renewable energy supply, utilizing eco-friendly materials and technology. This venture underscores LS Eco Energy's continued investment in the global finance, energy, and environmental sectors.
