HÀ NỘI — Hybrid electric vehicles (HEVs) have become popular in Việt Nam as they have the advantage of not requiring on-site charging while electric vehicles (EVs) are still struggling with many barriers with charging stations, car experts said.

PHNOM PENH – A 60MW solar photovoltaic (PV) power plant in southwestern Kampong Chhnang province, part of the 100MW National Solar Park, was connected to the national grid on November 11, in a move to provide the people with more power resources, reported the Asian Development Bank (ADB).

Energy solutions division VinES – a member of Vingroup alongside VinFast – and Gotion Inc have broken ground on a 34.5 acre LFP battery factory designed with an annual capacity of 5 GWh. That equates to roughly 30 million battery cells per year to support future VinFast EVs.  

TEMPO.CO, Jakarta – Vietnam considers a new price mechanism to adjust fuel prices every five days instead of the current 10-day cycle to address a number of issues that resulted in sporadic fuel shortages across the country in recent months, local media reported Thursday, Nov. 17.

Bangkok (VNA) – President Nguyen Xuan Phuc has described businesses as “heroes” in the economic sector, who will bring trade revenue between Vietnam and Thailand to 30 billion USD by 2025.

HANOI (Bloomberg): Vietnam is set to follow Indonesia and South Africa with a climate financing package of at least US$11 billion to shift its economy away from coal and boost the rollout of renewable energy sources.

A study published in Nature, in June of this year, found that 46 percent of the Vietnamese population lived in areas prone to flooding. This ranked the Southeast Asian nation’s population the third most exposed out of 188 countries included in the study.  

HANOI (Vietnam News/Asia News Network): Vietnam Wind Power 2022 (VWP) is to be held on Dec 1-2 in Hanoi. It is expected to be a crucial event to gather key stakeholders in the wind industry to facilitate Vietnam’s transition to a greener economy.

Kim See-Lim, regional director, East Asia and the Pacific, for the World Bank’s International Finance Corporation (IFC), says Vietnam should set up stable regulatory frameworks and make quicker decisions to realize its carbon-neutral target.

CAIRO, Nov 11 (Bernama): Vietnam wants World Bank to play an important role in energy transformation and continue with its initiatives using financial resources related to climate change effectively.