Adding substance to Vietnam’s climate commitments
In his speech at 26th Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change, Vietnam’s Prime Minister Pham Minh Chinh announced that the country would aim for a net-zero emission target by 2050. With this move, Vietnam has joined the group of about 140 countries that pledged to net-zero emissions […]
AES Dives Into Vietnam Energy, Here’s What’s Next
Last week, AES AES +0% Corp (AES) won Vietnamese regulators’ approval to build a 2.2-gigawatt natural gas-fired power plant in the south-central province of Binh Thuan. Slated for service in 2024 under a 20-year government contract, it will be fueled by the company’s 450 Tera BTU capacity LNG import and storage terminal, which enters service in 2022. The same day, […]
AFD provides US$100 million green credit to Vietnam
The Bank for Investment and Development of Vietnam (BIDV) has signed an agreement to receive a long-term US$100 million credit line for environmental protection, climate change response and green growth as part of French development agency AFD’s Sustainable Use of Natural Resources and Energy Finance (SUNREF) initiative.
Afry wins 48MW Vietnamese onshore wind job
LIG-Huong Hoa 1 Joint Stock Company has appointed Afry as owner’s engineer for the 48MW Huong Hoa 1 onshore wind farm in Vietnam. LIG-Huong Hoa 1 is a project company owned by B Grimm Renewable Power 1 Limited, a wholly own subsidiary of private power producer B Grimm Power Public Company from Thailand, and […]
AFRY’s Engineering Services for Vietnam Offshore Wind Farm
AFRY has been awarded engineering services assignment for Tra Vinh Offshore Wind Farm, a 48 MW wind farm project located in Tra Vinh Province, Vietnam. The project is owned by Truong Thanh Tra Vinh Wind Power JSC, an affiliated company of Thailand’s Sermsang Power Corporation (SSP).
Ailing state-owned projects stuck in impasse with Chinese contractors
Vietnamese companies have hit roadblocks in settling disputes with Chinese contractors in five fertilizer, shipbuilding and steel producing projects. The state-owned companies that developed these projects have not been able to come to an agreement with Chinese contractors in determining a new investment value for them after changes in technical design and the number of […]
Air pollution forces Vietnam to cough up $13 billion a year
Losses due to worsening air quality in Vietnam amounted to between $10.82-13.63 billion a year, experts told a conference Tuesday. Estimated losses, based on financial support towards lowering the mortality risk posed by air pollution, were equal to 4.45 – 5.64 percent of GDP, said Associate Professor Dinh Duc Truong, head of the National Economics […]
Air quality app goes dark in Vietnam as hazardous haze hits Hanoi
An air quality app went out of commission in Vietnam after seriously unhealthy air pollution levels hit capital Hanoi this week. Switzerland and United States-based air quality monitoring firm IQAir’s AirVisual app went down on 6 October following a series of “abusive and threatening messages” left on the company’s Apple App Store and Google Play Store […]
Allens strengthens renewable energy team in Vietnam
Law firm Allens has strengthened its market position in Vietnam with the appointment of Giles Cooper as a partner in the company’s Hanoi office.
Ambassador Christensen discussed energy collaboration with Mr. Dang Hoang An
H.E. Mr. Dang Hoang An, Vietnam’s Vice Minister for Industry and Trade (MOIT), met on Thursday 20 May 2021 with the Danish Ambassador to Vietnam, H.E. Mr. Kim Højlund Christensen. The two exchanged views on collaboration between the two countries on the energy sector, with the Danish Energy Partnership Program soon to be entering into […]