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Renewable energy high priority for Mekong region: scientists

QUẢNG NINH — Cambodia, Laos and Việt Nam must work closer together to make the shift to using more renewable energy. This a vital step in attaining the region’s as well as each country’s sustainable development, said Prof. Đặng Nguyên Anh, Vice President of the Việt Nam Academy of Social Sciences (VASS). “Energy and water […]

Green transformation crucial for adaptation to climate change

Quang Ninh (VNA) – Green transformation for energy and water resource security in the Mekong Sub-region is crucial for Vietnam, Laos and Cambodia to respond to climate change, experts said at a seminar held in the northeastern province of Quang Ninh on October 16. The event was jointly held by the Vietnam Academy of Social […]

16 foreign firms want to partner with local electric co-ops to form clean-energy mini grids

SIXTEEN foreign firms have expressed interest to partner with electric cooperatives to put up clean-energy mini grids. According to the post-event survey conducted by the Alliance for Rural Electrification (ARE) that co-organized the first-ever Philippines Mini-grid Business-to-Business (B2B) Forum in Manila, “16 foreign participants said they would or were very likely to invest in mini […]

Vietnam to open electricity wholesale market next year

Deputy Minister of Industry and Trade Hoang Quoc Vuong spoke about the development of the marketplace at a recent meeting in Ha Noi. Vuong said the development of a competitive electricity market is a long-term plan for Viet Nam’s electricity sector as mandated in the 2004 Electricity Law. The details of the plan were specified […]

World Oil Prices Help Vietnam Expand an Already Fast-Growing Economy

An increase in world oil prices is helping Vietnam earn money that will quicken its already fast economic growth and may help the country build new infrastructure. The only red light: higher fuel prices among Vietnam’s consumers. Vietnam, though not a major oil-producing nation like much of the Middle East, has counted energy-related commodities as […]

PH energy firms ready to adopt blockchain technology

The blockchain business is expected to explode in value to $2 trillion in 2030 from $2.5 billion in 2017 as the technology’s momentum gathers pace in various industries and as it deepens roots in countries like the Philippines. According to research firm IHS Markit, the outlook is consistent along with the different sectors where blockchain […]

First waste-to-energy plant in Can Tho begins trial operation

Can Tho (VNA) – The first waste-to-energy plant in the Mekong Delta city of Can Tho began trial operation on October 15. The plant is invested by China’s Everbright International and operated by the Can Tho Everbright Environmental Protection Holdings Ltd (EB Can Tho). Construction of the plant started on June 30, 2018. The project […]

Chinese investment in Laos’ energy sector tops 15 billion USD

Vientiane (VNA) – Laos is among 15 countries worldwide receiving the biggest investment from China in the energy sector, Vientiane Times on October 15 quoted a World Bank report as saying. By 2017, China’s investment in the field in Laos hit 15 billion USD and is expected to continue rising in the years to come, […]

DoE reviews several major energy projects

The Department of Energy is evaluating several large-scale power projects that could receiver a certificate of energy project of national significance under Executive Order 30 that streamlines the procedures for major projects. The big ticket projects include the Wawa Pumped-Storage hydro project of Olympia Violago Water & Power Inc.; 500-megawatt Kibungan Badeo Pumped Storage Hydro […]

Philippines to suspend oil tax hike to cool red hot inflation

MANILA, Oct 14 (Reuters) – The Philippines said on Sunday it would suspend the implementation of a further increase in excise tax on fuel products, set to take effect in January 2019, to stem rising inflation expectations. Inflation in one of Asia’s fastest-growing economies has been rising since January, due to higher taxes, costlier food […]