HANOI, July 17 (Reuters) – Vietnam received its first shipment of liquefied natural gas this month, a milestone for the energy-hungry country, but various hurdles mean it could take years for imported gas to ease the country’s long-running power shortages.

The government has continued to subsidise $150 million to the state-owned Electricité du Cambodge (EDC) in 2023 to stabilise electricity tariffs and ensure sufficient power supplies for households and businesses as global energy prices remain high.

Vietnam’s state utility EVN’s unbalanced operations and slow investment in power sources and grids contributed to abrupt power outages recently, local media reported on Thursday.

Promoting the development of the circular economy is an indispensable choice for businesses to step closer to sustainability, attendees were told at a conference on sustainable development held in HCM City last week.

Vietnam and Singapore recently discussed a plan whereby Vietnam will export offshore wind power to the island nation, according to the outcomes of talks on Tuesday between Vietnamese Minister of Foreign Affairs Bui Thanh Son and his Singaporean counterpart Vivian Balakrishnan.

“Russia is ready to participate and assist Vietnam if a decision is made to build nuclear power plants of high or low power,” Chernyshenko pointed out on Friday.

The Japan Bank for International Cooperation (JBIC) has signed a loan agreement with the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) to set up a credit line of up to USD 300 million for renewable energy projects in Vietnam. JBIC’s portion of the credit line is USD 165 million, with the remainder […]

VIETNAM, April 3 – HÀ NỘI — The State visit to Việt Nam by Governor-General of Australia David Hurley from April 3-6 is expected to create new momentum for the bilateral ties, according to a scholar from the University of Queensland in Australia.

Tra Vinh (VNS/VNA) – TGS Tra Vinh Green Hydrogen Company, a member of The Green Solutions Group, has started construction of Vietnam’s first and largest green hydrogen factory in the Mekong Delta province of Tra Vinh’s Duyen Hai district, with total investment of 8 trillion VND (341 million USD).

Hanoi (VNS/VNA) – The Vietnam Coal and Mineral Industries Group (Vinacomin) and Dong Bac Corporation strive to supply about 48.35 million tonnes of coal for thermal power plants, an increase of about 10-15% compared to 2022.