The NMDC Group has signed a memorandum of understanding with Vietnamese conglomerate Vingroup to collaborate on offshore wind and renewable energy projects in Vietnam.
The partnership aims to advance Vietnam's renewable energy sector while supporting environmental sustainability through large-scale coastal protection and land reclamation initiatives.
Both companies plan to implement advanced marine engineering solutions to promote coastal resilience and sustainability, according to NMDC Dredging and Marine.
Based in Abu Dhabi, NMDC Group specializes in marine dredging and EPC services. Vingroup, headquartered in Hanoi, is a diverse conglomerate with interests spanning technology, industry, real estate, retail, and services, including healthcare and hospitality.
