World Oil Prices Help Vietnam Expand an Already Fast-Growing Economy
An increase in world oil prices is helping Vietnam earn money that will quicken its already fast economic growth and may help the country build new infrastructure. The only red light: higher fuel prices among Vietnam’s consumers. Vietnam, though not a major oil-producing nation like much of the Middle East, has counted energy-related commodities as […]
First waste-to-energy plant in Can Tho begins trial operation
Can Tho (VNA) – The first waste-to-energy plant in the Mekong Delta city of Can Tho began trial operation on October 15. The plant is invested by China’s Everbright International and operated by the Can Tho Everbright Environmental Protection Holdings Ltd (EB Can Tho). Construction of the plant started on June 30, 2018. The project […]
Foreign investors see more chance to step in Vietnam’s oil refinery
The recent withdrawal of Vietnamese groups from billion-dollar oil refinery projects is paving the way for potential foreign investors, especially those from Thailand and China, to jump in the industry. At a recent meeting with government agencies, Pham Van Thanh, chairman of the Vietnam National Petroleum Group (Petrolimex), proposed to pull out from the South […]
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, […]