UN promises support for Vietnam’s energy transition scheme
The United Nations (UN) has affirmed its willingness to support Vietnam in establishing a partnership on energy transition with the Group of Seven (G7) nations in a letter of UN Secretary-General Antonio Guterres to Vietnamese Prime Minister Pham Minh Chinh. Special Adviser to the UN Secretary General on Climate Action Selwin Hart handed over the […]
General Electric (GE) Secures Power Plant Equipment Order in Vietnam
Industrial conglomerate General Electric Company (GE) announced on May 16, 2022 that its Power arm has secured an order from a leading Vietnamese engineering, procurement, and construction (EPC) consortium to provide power generation equipment for PetroVietnam Power Corporation’s Nhon Trach 3 and 4 combined cycle power plant.
Rich countries seek coal-to-clean energy deals with Indonesia and Vietnam
The UK, France, Germany, US and EU announced an $8.5 billion partnership with South Africa in November, under which they invest in renewable energy, electric vehicles and green hydrogen. It targets economic regeneration of coal mining areas to provide green jobs.
Vietnam steps up investment in energy saving across industries
Vietnam has a huge potential to save energy, especially from industries. The Ministry of Industry and Trade and relevant ministries and agencies have implemented several measures and expanded cooperation with international organizations, to save energy across industries.
US climate envoy Kerry pledges to assist Vietnam with energy transition, climate change
Prime Minister Phạm Minh Chính met with US Special Presidential Envoy for Climate John Kerry in Boston on May 14 (local time) as part of his working trip to the US.
Vietnam keen to maximize upstream output, crude exports to offset fuel import bills
Vietnam exported 230,260 mt, or 56,260 b/d, of crude oil in April, an increase of 12.4% from the same month a year earlier, with the Southeast Asian producer aiming to sell as many domestic sweet crudes as possible to minimize its energy trade deficit, market and trade participants said over May 11-17.
Vietnamese, US firms get investment registration certificate for LNG terminal project
PetroVietnam Gas JSC (PV Gas) and the AES Corporation of the US have been granted an investment certificate and a business registration certificate for the Son My liquefied natural gas (LNG) terminal project.
G-7 to help Indonesia, Vietnam shed dependence on coal power plants
The Group of Seven major economies will expand an initiative to support such developing countries as Indonesia in their efforts to phase out coal.
Big customers to buy electricity directly from generators
Big customers could buy electricity directly from the generators in a pilot programme to develop a mechanism for a direct power purchase agreement (DPPA).
Vietnam seeks to boost domestic coal production amid rising import prices
Vietnam’s state-owned coal miner Vinacomin will boost domestic production to meet rising demand for the fossil fuel amid surging global prices, the Ministry of Industry and Trade said on Wednesday.