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Suitable legal frameworks, policies needed to fulfill climate targets: experts

The Vietnamese government has set out a roadmap to achieve the country’s climate targets, including net zero emissions by 2050 as committed by Prime Minister Pham Minh Chinh at the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow, the UK.

PM wants Ninh Thuan to become major national renewable energy hub

Prime Minister Pham Minh Chinh asked Ninh Thuan to further exploit its advantages to become a major renewable energy hub of the country while addressing a ceremony to mark the 30th re-establishment anniversary of the south central province (April 1, 1992-2022) on April 16.

Vietnam builds master plan to cut air pollution

Vietnam will implement a plan to eliminate fossil-fuel vehicles, tighten emission control and add more green spaces to urban areas. Prime Minister Pham Minh Chinh on Wednesday approved the National Strategy for Environmental Protection to 2030 with a vision until 2050, in which the government sets targets to prevent the increasing trend of environmental pollution, […]

Malaysia’s Hibiscus Explores Singapore SPAC Listing

Hibiscus Petroleum Bhd. is considering listing a special purpose acquisition company in Singapore that could raise as much as S$200 million ($147 million), according to people familiar with the matter.

The Australia-Asian PowerLink: Encouraging Investments in ASEAN Renewable Energy

The Australia-Asia PowerLink will deliver power generated from the world’s biggest solar farm in Australia to Singapore through overhead and undersea cables. The project, estimated to cost A$30 billion (US$22.4 billion), involves the development of a solar plant covering over 12,000 hectares in the town of Tennant Creek, approximately 990km from the town of Darwin. The harnessed […]

Lao PM applauds partnerships between Vietnamese, Lao ministries

Minister of Industry and Trade Nguyễn Hồng Diên paid a courtesy call to Lao Prime Minister Phankham Viphavanh in Vientiane on April 11, part of his working trip to Laos to co-chair the border trade development cooperation conference. Diên said as the global and regional economies are facing numerous difficulties which may negatively impact the […]

Singapore delegation discusses future direction of renewable energy-sharing

A discussion has been held between Sarawak and Singapore on the future direction of renewable energy-sharing in the region. The discussion took place during a courtesy call by Singapore’s Energy Market Authority (EMA) and Ministry of Trade and Industry (MTI) on Premier of Sarawak Datuk Patinggi Tan Sri Abang Johari Tun Openg at his office […]

Indonesia, Canada agree to boost economic cooperation

Indonesia and Canada have agreed to intensify economic cooperation, especially on trade, investment, and energy transition. “I focus on the discussion on economic cooperation. We welcome the increasing bilateral trade even amid the pandemic,” Foreign Affairs Minister Retno Marsudi stated during a virtual press briefing on the visit of Canadian Foreign Affairs Minister Melanie Joly […]

Sabah, Japan can explore working together in agriculture, manufacturing and energy sectors, says envoy

Sabah and Japan can explore several sectors which both countries can work together in, said Japan’s ambassador to Malaysia, Takahashi Katsuhiko. Among the sectors that have potential for cooperation are agriculture, manufacturing and energy, he said.

Accounting considerations for the oil and gas sector as renewable energy adoption drives ESG reporting

Globally, more and more countries continue to increase their focus on developing renewable energy sources, both due to the increasing pressure from various stakeholders, as well as the acknowledgement of the clear and present danger posed by climate change. Because of this, environmental, social, and governance (ESG) reporting has become a top priority for most […]