MANILA, Philippines — Ayala Corp., the country’s oldest conglomerate, is bent on aggressively growing its renewable energy portfolio to become an even bigger RE player in the country and beyond, its president and COO Fernando Zobel de Ayala told The STAR. In an email interview, Zobel said the company’s renewable energy investments have been growing fast. Thus, the […]

The regional government of Bandung in Indonesia has raised the wish to receive an ownership position in geothermal development companies working on project in the region. The Government of the Bandung Regency in Indonesia has raised the wish to receive shared ownership in geothermal or geothermal exploitation companies. Bandung Regent Dadang M. Naser said, in accordance with the […]

BANGCHAK will invest US$50 million in startups within the next five years in order to expand their core business and technologies with the goal to emerge as the leading innovative group of its kind in the Asean bloc. The firm expects to generate revenue growth to more than double in the next five years. The […]

Hanoi (VNS/VNA) – The banking sector plays a key role in “green” investment, including directing credit flow into environmentally-friendly sectors and restricting flow into projects which might have negative impacts on the environment. This was highlighted at a conference about developing green banking in Vietnam organised by the Banking Strategy Institute in Hanoi on November […]

HÀ NỘI — Commercial banks are rushing to provide loans for green energy projects amid a wave of investment in the growing industry, dubbed a landmark for the country’s renewable energy outlook. Vietcombank has recently approved a VNĐ785 billion (US$33.55 million) loan for the BP Solar 1 project, which has total investment capital of VNĐ1.2 […]

HÀ NỘI – Banks and petroleum companies drove the Vietnamese stock market up on Friday while caution still weighed on overall sentiment ahead of the US-China talks at the G20 summit. The benchmark VN Index on the Ho Chi Minh Stock Exchange inched up 0.12 per cent to close at 898.19 points. The southern market […]

BANPU Power Plc (BPP) plans to build a 200-megawatt (MW), two-phase wind farm in Vietnam, with investment of about Bt13 billion for the first phase of the project. This phase will provide for 80 MW of power under a 20-year concession. The company aims to start construction next year and for power distribution to begin […]

BANPU Power Plc (BPP) plans to build a 200-megawatt (MW), two-phase wind farm in Vietnam, with investment of about Bt13 billion for the first phase of the project. This phase will provide for 80 MW of power under a 20-year concession. The company aims to start construction next year and for power distribution to begin […]

Bentley Systems, a leading provider of advancing infrastructure solutions, said greenfield and brownfield substation projects can reap design collaboration and construction benefits from the  building information modelling (BIM) and realty modelling. Whether designing greenfield substation projects from the ground up or performing brownfield design associated with existing substation infrastructure, intelligent 3D substation design employing BIM […]

Investing in renewable energy is an emerging trend in Việt Nam in response to worsening environmental destruction and the gradual disappearance of essential livelihoods. Việt Nam News talks with Gustav Martinsson, associate professor of financial economics at the Sweden Royal Institute of Technology, about green finance and international experiences that show how Việt Nam’s Government […]