Vietnam is looking to reduce the share of fossil fuels, including natural gas and coal, in its future energy mix, while renewables will rise in line with its recent net zero pledge and as securing global funding for fossil fuel projects becomes harder.

Vietnam will lower tariffs on ethanol imports to 15pc for all grades from 10 July, though fuel ethanol trade seems unlikely to increase. The change cuts tariffs from 17pc for 100pc pure ethanol and 20pc for 99pc or below for any country that does not have a free trade agreement with Vietnam.

Vietnam’s Ministry of Industry and Trade (MOIT) has submitted to the country’s prime minister a transitional mechanism for onshore wind and solar projects which missed the feed-in tariff (FiT) application deadline.

NDO – A report on Vietnam energy prospects was announced by the Ministry of Industry and Trade (MOIT) in collaboration with the Danish Ministry of Energy, Utilities and Climate, providing an overview of Vietnam’s opportunities and challenges faced in developing sustainable energy. The announcement of the Vietnam Energy Outlook Report 2019 was hosted in Hanoi […]

Vietnam may be thousands of kilometres away from the Russia-Ukraine war, but it is feeling the effects of the conflict, particularly in energy prices and its defence industry.

Hanoi has set new feed-in tariff rates for utility-scale, rooftop and floating PV projects, ending a long period of policy uncertainty. The government has announced the new rates, which are broadly in line with industry expectations, roughly 10 months after the expiration of its old tariffs.

HANOI (Reuters) – Vietnam’s coal imports in the first half of this year surged by more than 50% to a record high, government data showed on Monday, mostly to feed the country’s growing number of coal-fired power plants. Coal imports in the January-June period rose 53.8% from a year earlier to 31.57 million tonnes, the Customs […]

General Electric (GE) recently inked a memorandum of understanding (MoU) with Vietnamese electric utility Genco3, a subsidiary of EVN, Vietnam’s largest power company, to help develop a liquefied natural gas (LNG) power plant near Ho Chi Minh City.

The government has cut electricity prices by 10 percent for the year’s last quarter to support economic recovery from Covid-19 impacts.

The Vietnamese government will continue drafting action plans, mechanisms and policies to materialize views and orientations stated in the Politburo-approved Resolution No.55 on the development of Vietnam’s energy industry, said Nguyen Van Binh, head of the Party Central Committee’s Economic Commission at the Vietnam Energy Summit 2020 on July 22.