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China pressurises Vietnam to cancel, compensate offshore firms operating in South China Sea

Amid the growing Chinese movement in the South China Sea, Vietnam has agreed to pay around a billion dollars to two international companies after cancelling their drill operations following pressure from Beijing, The Diplomat reported. To maintain its presence in the South China Sea region, China, for several years, continued its efforts to prevent the Vietnam-based […]

China, Vietnam Spar on High Seas Over $2.5 Trillion in Energy

When a Chinese state-owned survey vessel sailed into waters off Vietnam’s coast in early July, it unleashed a high-seas standoff with trillions of dollars at stake that risks drawing in Russia and the U.S. For weeks now the Haiyang Dizhi 8 has zigzagged across a square block of water to study the seabed in an […]

Chinese adding 257MW shine in Vietnam

JA Solar Holdings is to supply solar modules to Shanxi Electric Power Engineering totalling 257MW for a photovoltaic project in Phu Yen, Vietnam. Shanxi Electric Power Engineering president Jiping Chen said: “JA Solar takes a leading position in the R&D and production of high-performance PV products. “We are confident that JA’s high-efficiency modules and well-established […]

CIP JV awards Vietnamese offshore double

A joint venture of Copenhagen Infrastructure Partners (CIP), Asia Energy Petroleum and Novasia Energy has awarded two contracts for site investigations at the 3500MW La Gan offshore wind farm in Vietnam.  

Citibank, ING to arrange funds for LNG-fired power units in Vietnam

HANOI (Reuters) – PetroVietnam Power Corp has signed a deal to allow a consortium of Citibank and ING Bank [INGBK.UL] to arrange funds for its project to expand a gas-fired power complex in southern Vietnam with two new units, the company said. The funds will be used for the construction of the 1,500-megawatt (MW) total […]

Clean energy brings stable electricity supply to Truong Sa Archipelago

The lives of soldiers and islanders in Truong Sa island district in the south-central province of Khanh Hoa have changed a lot thanks to solar panels and wind turbines.

Clean energy development helps Vietnam reduce dependence on imports: official

Hanoi (VNA) – The increasing proportion of clean energy such as solar and wind power in recent years has helped Vietnam diversify energy sources and reduce its dependence on imported energy, thus enhancing its national energy security, said Director of the Ministry of Industry and Trade’s Department of Electricity and Renewable Energy Hoang Tien Dung.

Closed-loop waste processing could solve Vietnam’s waste problems: experts

Huynh Kim Tuoc, director of the Saigon Innovation Hub (SIHUB), said that de-centralised waste processing, in which waste would be processed on a smaller scale spread out over the city, would be less polluting than centralised facilities, which exist in fewer areas with larger volumes of waste. Ichiro Hatayama, chairman of the MILAI Group, a […]

Coal exports increase sharply in October

NDO – Vietnam’s export turnover in October was estimated at US$20.80 billion, down 1.5% from the previous month. Telephones and components saw the sharpest decrease with 21.4%, however, coal exports have rocketed by 45.3%. The latest report on the national socio-economic situation published by the General Statistics Office of Vietnam (GSO) showed that, compared with […]

Coal shortage could sap Vietnam’s energy

A serious coal shortage is threatening Vietnam’s power production plans even as the nation’s demand for energy rises. Le Duy Hanh, chairman of the Quang Ninh Thermal Power Company (TPC Quang Ninh), said they have shut down two out of four turbines since November 17 due to a lack of coal. He told VnExpress that […]