Leaders of central Thua Thien-Hue Province affirmed thermal power was not part of its industrial development outlook. To accommodate the province’s “green-clean-sustainable” initiative, Thailand’s Banpu Corp had proposed to convert related thermal power research to wind power, Phan Thien Dinh, the province’s vice chairman, said Wednesday. In 2016, local authorities had signed a memorandum on […]

Vietnam is determined to restructure its energy sector, said Deputy Minister of Industry and Trade Dang Hoang An at the 4th High-Level Meeting of the Vietnam Energy Partnership Group (VEPG) held in Hanoi on January 24.

Nearly a third of Vietnam’s primary energy supply could be covered by green energy by 2045, according to government proposals emerging as the country prepares to hold PV auctions. The 97-million-inhabitant state and current solar hotspot in Asia will work to ensure renewable energy accounts for a 15-20% share by 2030 and grows to 25-30% […]

Vietnam plans to have renewables account for 75 percent of national power production capacity and 70 percent of actual production by 2045 under its COP 26 commitments.

Vietnam will auction 100 million litres (26.4 million gallons) of gasoline from its national reserves, state media had reported, as a supply shortage enters its second month. The South-East Asian country has had to tap into its fuel reserves since its largest refinery cut production last month due to a disagreement between shareholders over financing […]

Vietnam will greatly reduce coal-based power generation and rapidly increase the share of renewables in the total primary energy supply to 20 per cent by 2030 and 30 per cent by 2045, said Vietnamese President Nguyen Xuan Phuc on April 23 night (Vietnamese time) while attending a session within the framework of the virtual Leaders […]

The Ministry of Industry and Trade has proposed a new feed-in tariff 32 percent lower than the earlier incentive rate. It wants a fixed rate of 7.09 cents per kWh, down from the 9.35 cents offered to projects completed before June 30 last year, it said in a recent proposal to the government. The new […]

National utility Vietnam Electricity (EVN) has signed three memoranda to purchase power from Laotian companies amid expected energy shortages.

The Ministry of Industry and Trade of Vietnam (MOIT) recently proposed a draft decision amending decision No. 24 of 2014 on support mechanisms for the development of biomass power projects in Vietnam. The draft decision, among other revisions, proposes increasing feed-in-tariffs (FiT) for biomass power projects. Under the draft decision, tariffs at the delivery point […]

Vietnam will begin imposing restrictions on the import and manufacture of vehicles that run on fossil fuels from 2040 according to the country’s government programme on energy transition, VN Express reported. The Vietnam government’s energy transition programme outlined targets for the reduction of carbon and methane emissions from the transport sector, aimed at making it a zero-emissions […]