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Vietnam invests in 10 energy technologies

Vietnam will invest in 10 energy technologies in the 2021-2030 period with a view to ensuring energy security for the country’s socio-economic development, as part of the “Research, Application and Development of Energy Technologies” programme. They include advanced technologies in the exploration and exploitation of oil and gas, photovoltaic solar energy, smart electrical grids, radiation and radioisotope techniques in […]

Vietnam lacks mechanisms for private investment in renewable energy

Hanoi (VNS/VNA) – Many private enterprises said they want to invest in building renewable energy infrastructure, but Vietnam still lacks mechanisms to encourage private enterprises to participate in this activity. Nguyen Tam Tien, General Director of the Trung Nam Group, the first and only enterprise so far allowed to invest in national grid transmission infrastructure, highly appreciated the Politburo’s Resolution […]

Vietnam looks to cooperate with UK in renewable energy, sustainable development

The Vietnam Chamber of Commerce and Industry (VCCI) is ready to cooperate with the British Chamber of Commerce (Britcham) in supporting enterprises, especially those engaged in renewable energy and sustainable development to limit waste and environmental pollution, VCCI Chairman Pham Tan Cong said

Vietnam nears US$11bil-plus deal to shift economy from coal

HANOI (Bloomberg): Vietnam is set to follow Indonesia and South Africa with a climate financing package of at least US$11 billion to shift its economy away from coal and boost the rollout of renewable energy sources.

Vietnam PM approves power bill cut for Covid-19 affected companies

HANOI, Aug 29 (Vietnam News/ANN): The Prime Minister has approved the Ministry of Industry and Trade (MoIT) proposal to cut power bills for enterprises for three months in provinces and cities applying social distancing, according to a Government resolution that has been issued.

Vietnam Renewable Energy Week 2020 launched in Hanoi

NDO – Vietnam Renewable Energy Week 2020 was jointly launched by the Vietnam Sustainable Energy Alliance (VSEA), the Vietnam Coalition for Climate Action (VCCA), the Vietnam Union of Science and Technology Associations (VUSTA) and partners in Hanoi on August 25. The four-day event, the fifth of its kind held in the country, carries the message of […]

Vietnam seals deal with South Korean contractor to build $3bn LNG power station in Long An

A joint venture between GS Energy of South Korea and Vietnamese asset manager VinaCapital is to build a $3bn power station in Long An province, to the east of Ho Chi Minh City. GS will operate the plant for 25 years after its completion in December 2025. Long An I and II will have two […]

Vietnam should assure investors with stable regulatory frameworks: IFC

Kim See-Lim, regional director, East Asia and the Pacific, for the World Bank’s International Finance Corporation (IFC), says Vietnam should set up stable regulatory frameworks and make quicker decisions to realize its carbon-neutral target.

Vietnam to issue green bonds in 2021

HANOI (Vietnam News/ANN): The Ministry of Finance is working with ministries to issue green bonds next year, an official said.

Vietnam wants World Bank to play important role in energy transformation

CAIRO, Nov 11 (Bernama): Vietnam wants World Bank to play an important role in energy transformation and continue with its initiatives using financial resources related to climate change effectively.