Capital city to reduce emissions, waste
HÀ NỘI — Hà Nội’s Department of Natural Resources and Environment has outlined a plan to reduce air pollution in 2020. ‘Green Initiatives for Hà Nội’ will focus on air quality management, waste management, energy, urban planning, and green living with sustainable consumption. The department will develop an air monitoring network using low-cost air pollution sensors in selected areas of the city to provide […]
Carbon market to help achieve net zero emissions
Promoting the use of carbon pricing instruments with a focus on the development of a carbon market was important for Việt Nam to achieve its net zero emission goals, experts said.
Carbon Pricing Aids Vietnam’s Efforts Towards Decarbonization
Vietnam’s rapid economic growth and its increasing energy demand have led to an exponential increase in GHG emissions, leaving the country with the second highest air pollution levels in Southeast Asia in 2019. To meet its development and climate change goals, the new domestic carbon emission trading scheme enabled by Vietnam’s revised Law on Environmental […]
Cars face barriers in Vietnam
Car exports to Vietnam can expect to face non-tariff barriers after the country, the biggest importer within Asean of pickups and passenger cars from Thailand, prepares to enforce the new Euro 5 emission standard from Jan 1 next year.
Central province seeks to compensate nuclear loss with more LNG power
Ninh Thuan has proposed that it develops another 4,600 MW plant using liquefied natural gas (LNG), making up for shelved nuclear energy plans. The original plan to have 4,600 MW of nuclear power developed in the province was abandoned by the National Assembly in November 2016, and the province needs to produce that energy with […]
Challenges facing solar power development in Vietnam
In April 2017, Prime Minister Nguyen Xuan Phuc issued a decision on mechanisms for encouraging solar power development. This decision has given a boost to this sector as it set up an attractive price for solar electricity – 2,086 VND or 9.35 US cent per kWh – for 20 years, compared to the current average […]
Challenges in Coal Supply for Thermal Power Production
As thermal power accounts for the largest proportion of Vietnam’s energy production, the country is facing challenges to ensure sufficient supply of coal for thermal power plants in the coming years. According to President of the Vietnam Association of Thermal Science and Technology Truong Duy Nghia, coal-fired thermal power has dominated the country’s energy market, […]
Challenges to be faced by LNG investors in Vietnam
LNG suppliers and gas power developers looking at making Vietnam an essential LNG market should not expect to replicate the success of renewable energy seen recently in the country, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
Changes a must to meet energy goals
With its great potential for renewable energy development, Vietnam will be able to lure tens of billions of US dollars into such projects and ultimately meet its energy efficiency targets once it advances energy and electricity price adjustments, along with many other solutions. A few weeks ago, the United Nations Development Programme (UNDP) released a […]
China key to Vietnam’s solar success
Vietnam has been a Southeast Asia solar success story. It went from having barely any generation in 2018 to a quarter of its total installed capacity being solar – a 100-fold increase in two years.