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In October 2009, [[Electricity of Vietnam]] (EVN) signed a construction contract with [[Shanghai Electric Group]] for the construction of the two-unit, 1,245-MW, $1.3 billion Vĩnh Tân-2.<ref name=chinadaily>[http://www.chinadaily.com.cn/bizchina/2009-10/24/content_8843725.htm Shanghai Electric to Help Build Vietnam Power Plant], ''China Daily'', Oct. 24, 2009.</ref> Construction work began in August 2010.<ref>[http://www.pennenergy.com/articles/pennenergy/2010/08/construction-of-1.html Construction of 1,240MW Vinh Tan 2 Thermo-Electric Power Plant Commences in Vietnam], PennEnergy, Aug. 10, 2010.</ref> The first unit of the plant came online in January 2014, and the second in September 2014.<ref name=saigon>[http://english.thesaigontimes.vn/Home/business/other/24670/ Vinh Tan 2 Thermo-Power Plant Up and Running Next Year], ''Saigon Times'', July 24, 2012.</ref><ref>[http://www.vinacomin.vn/en/news/Home-News/Vinh-Tan-2-plant-generates-power-to-national-grid-1062.html "Vinh Tan 2 Plant Generates Power to National Grid"], Vinacomin press release, January 21, 2014.</ref><ref>[http://en.vietnamplus.vn/Home/Second-turbine-at-Vinh-Tan-power-plant-generates-power/20149/55111.vnplus "Second turbine at Vinh Tan power plant generates power"], ''Vietnam+'', 9 September 2014.</ref>
Vĩnh Tân-2 was funded by the [[Export-Import Bank of China]] and [[Vietnam Development Bank]].<ref name=chinadaily/><ref>[http://tuoitrenews.vn/business/6183/evn-inks-120-mln-loan-deal-for-2-power-plants EVN Inks $120 Million Loan Deal for Two Power Plants], ''Tuoi Tre News'', Jan. 8, 2013</ref>
====Vĩnh Tân-3====