France, Vietnam sign $10 billion deals
Prime Minister Nguyen Xuan Phuc and his French counterpart Edouard Philippe affirmed their determination to deepen the Vietnam-France strategic partnership for shared benefit during their talks in Hanoi on Nov. 2 as part of the French PM’s ongoing visit to Vietnam. PM Phuc lauded the tour to Vietnam by Philippe, saying it is the second […]
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 […]
Vietnam, Russia agree to foster ties in all fields
NDO – Vietnamese Deputy Prime Minister Trinh Dinh Dung and his Russian counterpart Maxim Akimov co-chaired the 21st meeting of the Vietnam-Russia Intergovernmental Committee for Economic-Commercial and Scientific-Technological Cooperation, which took place in Moscow on October 29. During the meeting, the two sides discussed and agreed on a wide range of measures to foster bilateral […]
Banks race to fund green energy projects
HÀ NỘI — Commercial banks are rushing to provide loans for green energy projects amid a wave of investment in the growing industry, dubbed a landmark for the country’s renewable energy outlook. Vietcombank has recently approved a VNĐ785 billion (US$33.55 million) loan for the BP Solar 1 project, which has total investment capital of VNĐ1.2 […]
Vietnamese Deputy PM Trinh Dinh Dung visits France
NDO/VNA – Deputy Prime Minister Trinh Dinh Dung is paying a working visit to France from October 26 to 28 to seek measures to continue cementing ties between Vietnam and France. During his trip, Dung had working sessions with Minister of Environment François de Rugy, and CEO of the French Development Agency (AFD) Rémy Rioux, […]
Calls for removal of energy obstructions
As Vietnam strives to ensure sufficient energy sources, it has been urged by the international community to enable private investors to engage more in the country’s energy industry. Last Wednesday, Hanoi hosted an event of high significance: the launch of the “Special Report on Global Warming of 1.5 degrees Celsius” by the Intergovernmental Panel on […]
Better green finance for better environment: Swedish recommendations
Investing in renewable energy is an emerging trend in Việt Nam in response to worsening environmental destruction and the gradual disappearance of essential livelihoods. Việt Nam News talks with Gustav Martinsson, associate professor of financial economics at the Sweden Royal Institute of Technology, about green finance and international experiences that show how Việt Nam’s Government […]
Renewable energy high priority for Mekong region: scientists
QUẢNG NINH — Cambodia, Laos and Việt Nam must work closer together to make the shift to using more renewable energy. This a vital step in attaining the region’s as well as each country’s sustainable development, said Prof. Đặng Nguyên Anh, Vice President of the Việt Nam Academy of Social Sciences (VASS). “Energy and water […]
Green transformation crucial for adaptation to climate change
Quang Ninh (VNA) – Green transformation for energy and water resource security in the Mekong Sub-region is crucial for Vietnam, Laos and Cambodia to respond to climate change, experts said at a seminar held in the northeastern province of Quang Ninh on October 16. The event was jointly held by the Vietnam Academy of Social […]
Vietnam to open electricity wholesale market next year
Deputy Minister of Industry and Trade Hoang Quoc Vuong spoke about the development of the marketplace at a recent meeting in Ha Noi. Vuong said the development of a competitive electricity market is a long-term plan for Viet Nam’s electricity sector as mandated in the 2004 Electricity Law. The details of the plan were specified […]