HÀ NỘI — Việt Nam expects Indian firms to invest more in Việt Nam, Deputy Prime Minister Trịnh Đình Dũng said at the Việt Nam-India Business Forum held in Hà Nội on Monday. The fields expected to lure Indian investment include renewable energy, manufacturing industry, information technology and infrastructure construction, he said. Việt Nam also […]

AN GIANG — The Mekong Delta province of An Giang will offer preferential policies to investors in renewable energy plants as part of its strategy on sustainable development. Investors whose projects are in production and trade, for instance, will be exempt from land lease fees for seven years and will receive other incentives, according to […]

HANOI (Reuters) – Vietnam and Russia on Monday agreed to nearly triple bilateral trade to $10 billion (7.7 billion pounds) by 2020 from $3.55 billion last year, while expanding energy ties. Russia is Vietnam’s biggest weapons supplier and Russian companies are involved in several Vietnamese energy projects. “We have agreed to cooperate more closely and […]

HÀ NỘI – Banks and petroleum companies drove the Vietnamese stock market up on Friday while caution still weighed on overall sentiment ahead of the US-China talks at the G20 summit. The benchmark VN Index on the Ho Chi Minh Stock Exchange inched up 0.12 per cent to close at 898.19 points. The southern market […]

Considering the major barriers to financing renewable energy (RE) projects in Vietnam, researchers at the Asian Development Bank (ADB) have recommended the Government establish more conducive conditions for private investment and strengthen the domestic funding environment through a functional financial market. Vietnam is a potentially rich country with abundant sources of RE, such as wind […]

PARIS — Demand for electricity is set to explode in the next two decades, which could be good news for the environment but a challenge for governments and power companies, the IEA said Tuesday. “The electricity sector is experiencing its most dramatic transformation since its creation more than a century ago,” said the International Energy […]

HANOI, Nov 13 (Reuters) – Vietsovpetro, a Vietnam-Russia oil joint venture, will start crude oil production at the Ca Tam field offshore southern Vietnam from Jan. 15, three sources with knowledge of the matter said on Tuesday. Ca Tam is the first new field to be brought into production in Vietnam in years after a […]

BANPU PUBLIC Company Limited recently announced total sales revenue of US$965 million (approximately Bt31.81 billion) for the year’s third quarter, a big jump from the $245 million for the same period last year. A leading integrated energy solution company in Asia-Pacific, Banpu saw $310 million in EBITDA (earnings before interest, tax, depreciation and amortisation), an […]

It is now training companies and preparing hydropower plants to enter the market. The Vietnamese Ministry of Industry and Trade will launch the full opening of the domestic electricity wholesale market to competition in 2019, following the establishment of a successful year-long pilot period. The Electricity Regulatory Authority of Vietnam (ERAV) will use the remaining […]

CHANGZHOU, China, Nov. 13, 2018 /PRNewswire/ — Jiangsu Seraphim Solar System Co., Ltd. (“Seraphim“) recently signed new landmark supply agreements for two separate PV projects totaling 80MW in Vietnam. The Solar farms are a joint venture project of AMI Renewables of Vietnam and AC Energy of the Philippines. Seraphim agreed to deliver the PV modules for a targeted […]