Vietnam generates two-thirds of ASEAN renewable energy
Vietnam accounted for 69% of ASEAN’s solar and wind generation last year and was the region’s main growth driver in renewable energy development in recent years, a report has found.
Businesses seek ways to adapt to rising electricity prices
Hanoi (VNS/VNA) – After the latest power price hike announced by Vietnam Electricity (EVN), many businesses said they are seeking ways to adapt to the new situation.
Indonesia, Vietnam energy transition financing under G7-funded plans
JAKARTA/HANOI, Nov 1 (Reuters) – Plans to reduce the use of coal in Indonesia and Vietnam with financial support from Western donors face teething problems, which could have implications for the prospects of richer countries helping poorer ones shift to cleaner energy.
Vietnam automaker sends EVs to Laos for electric taxi service
Vietnamese automaker VinFast on Friday sent 150 cars to neighboring Laos for the launch of an electric taxi service, months after starting a similar scheme at home. The communist state’s first homegrown car manufacturer is hoping to compete with EV giants such as Tesla, and is trying to crack international markets.
EVN leaders face discipline over recent power outages
The Commission for the Management of State Capital at Enterprises (CMSE) has recommended reprimanding the leadership of Vietnam Electricity Group (EVN) for the power outages that hit northern Vietnam early in the summer this year.
Renewable Energy Vital for Vietnam’s Decarbonization Goals: BloombergNEF Report
Vietnam is facing a critical juncture in its ambitious journey towards decarbonization, with the country’s long-term goal to phase out coal for power generation by the 2040s and achieve net-zero emissions by 2050. A recent report by BloombergNEF (BNEF) highlights the pivotal role of renewables, especially solar energy, in realizing these targets. Vietnam’s rapid economic […]
Saudi Arabia mulls energy investment in Vietnam
The government of Saudi Arabia will consider investing in Vietnam’s energy sector, especially renewables, and its large companies have also shown interest in the field.