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Vietnam interested in US investment in renewable energy

Energy is among potential fields for investment cooperation between Vietnamese and US firms, with Prime Minister Pham Minh Chinh announcing that Vietnam gives high priority to sustainable energy development to maintain national energy security and reduce greenhouse gas emissions, according to chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Pham Tan Cong.

Vietnam introduces auction scheme for large-scale PV

The Vietnamese government has announced plans to switch from subsidizing PV deployment through feed-in tariffs in favor of a new auction mechanism. With Notification No. 402/TB-VPCP, Vietnam’s Ministry of Industry and Trade (MOIT) has decided to support large-scale solar deployment via procurement exercises from next year, marking a clear shift away from earlier promises to […]

Vietnam Introduces Law Aimed at Fighting Climate Change

Vietnam has introduced legislation to advance its greenhouse gas reduction goals as per the Paris climate accord, decreasing worries the fast-growing nation’s reliance on coal would stymie those efforts. Vietnam has introduced legislation to advance its greenhouse gas reduction goals as per the Paris climate accord, decreasing worries the fast-growing nation’s reliance on coal would […]

Vietnam invests heavily in power and mining projects in Laos

Vientiane, Jun 9 (Prensa Latina) More than 815 million dollars have been invested so far by Vietnam in hydropower and mining projects in Laos’s southern Attapeu province, according to local authorities. Vithaya Phommachanh, director of the Energy and Mines Department in Attapeu, said that 691 million dollars are earmarked for the energy development and they […]

Vietnam invests in 10 energy technologies

Vietnam will invest in 10 energy technologies in the 2021-2030 period with a view to ensuring energy security for the country’s socio-economic development, as part of the “Research, Application and Development of Energy Technologies” programme. They include advanced technologies in the exploration and exploitation of oil and gas, photovoltaic solar energy, smart electrical grids, radiation and radioisotope techniques in […]

Vietnam is expanding its power generation capacity – Black & Veatch selected owner’s engineer for its wind farms

KUALA LUMPUR, April 3 (Bernama): Vietnam is expanding its power generation capacity as it balances its generation portfolio and meets the soaring energy demand of growing population and flourishing economy. Renewable energy, according to Black & Veatch’s Strategic Directions: Electric Industry Asia 2021 Report, is expected to experience the most significant investment growth in new […]

Vietnam is in Extreme Danger Due to Climate Change

Vietnam’s Mekong Delta is an area that is extremely vulnerable to climate change. Residents are being forced to move after their houses are flooded and collapse into the Delta. Vietnam is just one example of forced human displacement due to climate change. Scientists estimate that sea levels could rise 5 or 6 feet by 2100. The recent IPCC climate report on […]

Vietnam is leading Asean growing solar PV market

SOUTH-EAST Asia’s cumulative solar photovoltaic (PV) capacity is expected to triple within the next 5 years, with large-scale solar projects dominating installation capacity before distributed solar installations pick up as project economics start to become more attractive, an energy consultancy group said. Even though Asean is still an “emerging region” in solar PV installations, cumulative solar […]

Vietnam is pushing ahead of Southeast Asia in its drive for renewable energy

SINGAPORE — Vietnam is powering ahead of the rest of Southeast Asia as it pushes for greater reliance on renewable energy. The region, long criticized for lagging behind in its efforts to adapt to more sustainable ways, is still heavily reliant on coal consumption. Vietnam, however, has bold ambitions to use more renewable energy such as wind and […]

Vietnam is set to build a US$4.2 billion smart city near Hanoi. Why? Because it can.

Vietnam is growing economically. In fact, thanks to the trade war between the U.S. and China, the Southeast Asian nation has benefited the most as companies look to Vietnam for production purposes. Its economy is also expected to grow 7 percent yearly. Heck, in a recent report released by Google and Temasek, Vietnam’s internet economy is also […]