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Vietnam legislature approves further 50% cut in environment tax on fuel

Vietnam’s national assembly approved on Wednesday (Jul 6) a plan to cut environment tax on fuel by half for the second time in three months as soaring energy prices put pressure on inflation, state television reported.

Vietnam looks to cooperate with UK in renewable energy, sustainable development

The Vietnam Chamber of Commerce and Industry (VCCI) is ready to cooperate with the British Chamber of Commerce (Britcham) in supporting enterprises, especially those engaged in renewable energy and sustainable development to limit waste and environmental pollution, VCCI Chairman Pham Tan Cong said

Vietnam looks to master technology in renewable energy

Hanoi (VNA) – The draft Power Development Planning (PDP) VIII has demonstrated the trend of developing clean and renewable energies in line with commitments to cutting carbon emissions at the 26th United Nations Climate Change Conference.

Vietnam looks to more than double power generation capacity by 2030

HANOI, Feb 19 (Reuters) – Vietnam will more than double its power generation capacity over the next decade to support a fast-growing economy, new guidelines for a national energy development strategy show. The Southeast Asian nation aims to boost capacity to 125-130 gigawatts (GW) by 2030, from about 54 GW now, the Communist Party’s powerful […]

Vietnam makes great strides in clean energy development: Asiatimes

Hanoi (VNA) – Vietnam is making rapid strides in shifting from fossil fuels to clean energy in the post-COVID-19 world, according to a recent article published by the website

Vietnam makes slow progress in shifting toward green economy: report

The Massachusetts Institute of Technology’s Green Future Index listed Vietnam as a climate laggard economy for making low and uneven commitments toward a green future.

Vietnam may cut FITs for large scale solar 20%

Vietnam’s Ministry of Industry and Trade has submitted a draft proposal to cut feed-in tariffs (FITs) for large scale solar projects by 20%, according to the Energy Conservation Center research institute in Ho Chi Minh City. The draft measure proposes applying FIT levels for the whole nation rather than varying payments geographically to drive new […]

Vietnam may have 30% of electricity from wind by 2050, says World Bank

Offshore wind power is expected to supply 30% of Vietnam’s electricity by 2050, according to a report by World Bank. In its Vietnam’s Offshore Wind Development Roadmap report published last month, World Bank says that offshore wind power will generate 5-12% of Vietnam’s electricity by 2035 – which will be 11GW in a low-growth scenario […]

Vietnam may have to reduce renewable power in next five years: institute

Hanoi (VNS/VNA) – It is likely that Vietnam will have to reduce renewable energy sources in the next five years, as booming development in recent years was weighing on the power system, according to a recent report by the Institute of Energy.

Vietnam Mining group looks to higher revenue in 2019

VNA reported that the Vietnam National Coal and Mineral Industries Group has set the goal of earning a total revenue of VND 128 trillion in 2019, nearly VND 69 trillion of which will be from coal production. During a conference held in the northern province of Quang Ninh on December 26, the group said it […]