HO CHI MINH CITY/VUNG TAU, VIETNAM – Teknobuilt recently concluded a successful mission to Vietnam as part of the Canada-Alberta Government’s Oil & Gas Mission (October 2025), confirming significant potential for its advanced solutions in one of Asia’s fastest-growing economies.
The visit reinforced key market insights, highlighting Vietnam’s robust economic trajectory and the strategic pivot within its energy sector toward digital transformation.
Teknobuilt Showcases Flagship Capital Project Platform
During the mission, Regional Director, Changyoung (CY) Shon, took a leading role in engaging with the Vietnamese energy audience.
At the Oil & Gas Expo in Vung Tau and various B2B sessions, Mr. Shon delivered compelling presentations on Teknobuilt’s flagship Capital Project Construction Management platform, PACE OS. The platform was highlighted as the essential digital solution to meet Vietnam’s ambitious infrastructure demands, particularly in the complex and time-sensitive LNG sector.
Key Takeaways: Economic and Energy Landscape
Vietnam’s Economic Resilience: Vietnam is projected to be the top-performing economy in the East Asia-Pacific region, with an estimated growth rate of 6.6-8% in 2025. This rapid expansion is underpinned by:
- Strong Government Commitment: Targeting sustained development and proactive fiscal/monetary policies.
- Digital Investment: Significant planned investments in IT and infrastructure from global tech giants like Google and Nvidia signal a country-wide push for digitalization.
Strategic Shift in Oil & Gas: The industry, anchored by state-owned PetroVietnam (PVN), is in a crucial transitional phase:
- Natural Gas Focus: As crude oil production declines, the strategic focus has shifted heavily to natural gas (LNG-to-Power) to meet soaring domestic energy demand for power generation and industrial growth.
- Major Projects: Key offshore projects like Block B and Blue Whale are central to future supply, supported by the development of the nation’s first LNG import terminal infrastructure.
How Teknobuilt's Solutions Can Help Vietnam's Energy Sector
Teknobuilt’s unified flagship platform, PACE OS, is a crucial enabler for digital transformation, specifically designed to address the challenges inherent in large-scale capital projects like Vietnam’s planned LNG-to-Power infrastructure.
Teknobuilt’s solutions offer clear benefits across the project lifecycle:
- Accelerated Project Delivery & Cost Certainty:
- PACE OS acts as a non-disruptive digital overlay, integrating siloed data from over 15 legacy systems (like ERP and scheduling software).
- It applies global best practices, such as Advanced Work Packaging (AWP) and Lean methodologies, to containerize workflows from engineering and procurement through to construction and commissioning.
- Result: This unified approach can reduce project delays, compress timelines, and potentially help Vietnam’s critical LNG projects meet their ambitious deadlines for power generation.
- Enhanced Visibility and Real-Time Decision-Making:
- The platform features a Digital Control Tower that provides a real-time, activity-level view of project status.
- This eliminates “data fragmentation” and allows project managers to proactively identify and mitigate potential bottlenecks (e.g., supply chain issues, engineering hold-ups) before they impact the schedule.
- Result: Leadership at major Vietnamese energy firms can make faster, data-driven decisions to ensure project success.
- Digital Supply Chain and Asset Management:
- For major LNG and infrastructure builds, Teknobuilt’s tools streamline the supply chain, enabling the digital tracking of materials and commodities from the vendor to the construction site.
- The platform can also be leveraged for asset performance management and maintenance in the operational phase, improving safety, efficiency, and reliability of new LNG power plants and terminals.
Teknobuilt's Engagements Drive Collaboration
Teknobuilt’s itinerary included intensive B2B meetings in Ho Chi Minh City and attendance at the Oil & Gas Expo in Vung Tau, the central hub of Vietnam’s offshore energy industry.
- Ho Chi Minh City Meetings: Discussions with major energy corporations and potential partners confirmed the global scale of their operations. It was verified that Teknobuilt’s proprietary technology and domain experience are a direct match for the growth and efficiency objectives of these large organizations.
- Vung Tau Expo: The exhibition provided a platform for productive, in-depth discussions with local energy professionals and university representatives, solidifying the need for technology adoption across the industry’s value chain.
Conclusion
The mission unequivocally confirmed that Teknobuilt’s advanced digital solutions are a vital component for the next wave of development in Vietnam. We are prepared to play a practical and integral role in supporting the digital transformation of Vietnam’s critical oil & gas and infrastructure-related industries, delivering speed, surety, and sustainability to meet the nation’s energy security goals.
