Vietnam’s renewable energy sector is now PE target
Private equity investor’s interest in Vietnam’s renewable energy sector is increasing as the country seeks private investments in the sector. In 2019, renewable energy has become of the most preferred sector for private equity investment in Vietnam, the third after fintech and the education sectors. It is noteworthy that in 2018, the renewable energy sector […]
Vietnam’s renewables industry looking rosy
This opens up golden opportunities for the private sector to tap into the growing demand, but several bottlenecks must first be solved. The energy industry is now looking to the private sector as a financial, source in order to develop, according to the World Bank In 2018, the Vietnamese renewable power sector fared well, with […]
Vietnam’s solar drive
Vietnam has witnessed a huge rush in solar PV projects development as the validity of attractive feed-in-tariff (FIT) rates ended on 30 June 2019. According to the Vietnam Electricity Group (EVN) as of 30 June, a total of 82 solar power plants with a cumulative capacity of 4.46GW had been connected to the national grid. Because […]
Vietnam’s solar opportunities shine bright
Vietnam is set for a surge in power demand and consumption over the coming decade, which will stimulate the need for the rapid development of new power capacity. This stems largely from an expanding industrial and manufacturing sector, particularly as the ongoing U.S.-China trade war plays out. This has allowed Vietnam’s government to position itself […]
Vietnamese LNG works on politics and price
Vietnam will select future LNG suppliers for a projected spike in gas import demand based on geopolitics as well as economics, according to asset management firm Energy Capital Vietnam (ECV), which is dealing closely with the Hanoi government. The country’s demand is expected to rise to 31bn m³ by 2035, from 10bn m³ in 2019. […]
Vietnamese market momentum attracts another 100 MW
As the Vietnamese solar market continued to gain momentum – at least until the weekend – announcements of new projects keep pouring in. Saudi Arabia’s ACWA Power has achieved commercial operation of its Vinh Hao 6 Solar project in the province of Binh Thuan and inverter maker SMA said it has inked a contract to […]
Vietnamese NA to closely cooperate with Lao counterpart: Chairwoman
Hanoi (VNA) – The Vietnamese National Assembly (NA) will closely cooperate with the Lao parliament in continuing to create favourable conditions for the two Governments to effectively implement their bilateral agreements, NA Chairwoman Nguyen Thi Kim Ngan affirmed on January 6. During a reception in Hanoi for Lao Prime Minister Thongloun Sisoulith who came for […]
Vietnamese, Lao PMs co-chair meeting of inter-government committee
HÀ NỘI — Vietnamese Prime Minister Nguyễn Xuân Phúc and his Lao counterpart Thongloun Sisoulith co-chaired the 41st session of the Việt Nam-Laos Inter-Governmental Committee in Hà Nội on Sunday. PM Phúc expressed his delight at the positive development of traditional friendship, special solidarity and comprehensive co-operation between Việt Nam and Laos in diverse areas […]
Vinacomin asked to ensure coal supply, enhance quality
HÀ NỘI — Deputy Prime Minister Trịnh Đình Dũng asked the Việt Nam National Coal – Mineral Industries Holding Corporation Limited (Vinacomin) to ensure sufficient coal supply and seek measures to improve coal quality in 2019. Speaking at Vinacomin’s conference on Wednesday to review 2018 business results and develop orientations for 2019, Dũng said that […]
Vingroup launches bus company, will use 3,000 electric buses in Vietnam
Vietnamese conglomerate Vingroup has announced the establishment of VinBus Transport Service Co., Ltd., as it officially branches into passenger transportation. VinBus will operate completely under the non-profit model in order to contribute to the construction of a civilised and modern public transport system, reducing air and noise pollution for Vietnam’s major cities. It is expected that […]