Vietnam-based electric vehicle maker VinFast may see its initial public offering in the US delayed till next year due to market uncertainty, Reuters reported, quoting its parent company Vingroup chairman.

Vietnam expects to add 9,600 MW of power from biomass by 2030, but that will need added incentives. Pham Huong Giang, an official of the Electricity and Renewable Energy Authority under the Ministry of Industry and Trade, pointed out the low rate of biomass power contributions to the national power grid. Under Vietnam’s renewable energy development strategy by 2030 with […]

Norwegian largest energy company officially opens its representative office in Hanoi, marking an important milestone in Norway-Vietnam business cooperation portfolio. This reaffirms Norway’s willing and determination to contribute to the development of Vietnam’s offshore wind industry and to be part of Vietnam’s green transition process and implementation of the country’s commitments in the Paris Agreement […]

Vietnam’s government plans to double its installed power generation capacity to 146 gigawatts (GW) by 2030, according to press reports. The country’s government is planning to submit its latest draft power development plan to the prime minister next month. The plan will restrict coal-fired power plants’ development in Vietnam, and open to other fuel sources […]

With the startup of a double-circuit power line between China and Vietnam on April 30, power trade between the two countries has resumed. The line runs between Honghe Hani and Yi autonomous prefecture in Yunnan province and Vietnam’s Lao Cai province.

Lower fuel costs, concerns about climate change/ emissions reduction, and a better driving experience are the top factors motivating consumers in Vietnam and other Southeast Asian countries to decide to buy an electric car.

Hanoi (VNA) –  Using energy economically and efficiently is a practical solution to help ensure national energy security, develop the economy, protect the environment and reduce greenhouse gas emissions, Trinh Quoc Vu, Deputy Director of the Department of Energy Saving and Sustainable Department under the Ministry of Industry and Trade (MoIT) said on May 5.

Vietnam has an abundance of high-quality nickel reserves that, in recent years, have become increasingly attractive to international mining companies. The electric vehicle explosion has engendered soaring demand for raw materials, such as nickel, which is a key component in the lithium-ion batteries that power electric motors. Now, with the combined plans of Australian mining […]

Vietnam has set itself ambitious goals when it comes to climate neutrality, yet current schemes are being deemed insufficient by energy experts, who are now recommending following Europe’s framework for energy transition and carbon neutrality.

Vietnam’s Power Development Plan 8 (PDP VII) draft for the 2021-2030 period with a vision towards 2045 has been significantly delayed, however, a finalized draft is expected to be submitted to the Prime Minister in May 2022 for approval. While the PDP8 has gone through several drafts, the latest revision proposes increasing electricity capacity to […]