The Vietnam Oil and Gas Group (PVN) gained a total revenue of 365.5 trillion dong ($15.8 billion) in the first half of this year, 18 per cent above its six-month plan. The corporation’s equity reached 470.3 trillion dong on June 30, up one per cent from January 1. PVN contributed 53.5 trillion dong to the […]

HÀ NỘI — Việt Nam saved 492,000kWh of electricity, equivalent to VNĐ917 million (US$39,700), for one hour on Saturday night, according to the National Power Dispatch Centre. During Earth Hour, people across the country switched off unnecessary electrical devices from 8.30-9.30pm. This year’s figure represented a slight rise against the 485,000kWh of electricity saved during […]

This month saw the inauguration of the largest solar power plant in Southeast Asia, Dau Tieng in Vietnam, by Dau Tieng Energy JSC and Thailand’s B Grimm Power Public Company Limited. It was built in Tay Ninh province, which borders Cambodia’s Tbong Khmum and Svay Rieng provinces, at a cost of more than 9.1 trillion […]

The Vietnamese Government always rolls out the red carpet for US-based Gen X Energy’s high-tech projects which, according to Deputy Prime Minister Vuong Dinh Hue, are environmentally friendly. Hosting a reception for Gen X Energy CEO Scott Kicker in Ha Noi on Monday, Deputy PM Hue stressed the US firm’s projects are in line with […]

General Director of Trung Nam Group Nguyen Tam Tien said the 246-hectare solar and wind power complex would supply 401 million kWh each year for the provincial and national energy grid, and earn annual revenue of US$71 million from power sales. Tien said the plants would employ 2,000 local workers starting from the end of […]

Volvo has revealed a pioneering, driverless electric bus that is set to undergo testing, before being put into operation on Singapore’s roads. The 12-metre long bus, AB 7900, has a capacity of 93 people, and is able to carry 57 standing passengers as well as those seated. Unlike regular buses used in public transport networks worldwide, this electric vehicle […]

MANILA – Over the next five years, ASEAN will need US$157 billion in annual infrastructure investment, but projects need to be “climate-proofed” to mitigate the region’s vulnerability to natural disasters and climate change, according to the Asian Development Bank (ADB). Due to Southeast Asia’s geographical diversity — long coastlines, a large number of archipelagos, and […]

Authorities are closely watching the operations of hydropower plants across the country due to low rainfall and low water levels in dams during the recently ended rainy season, which they warn could trigger massive blackouts next summer.  U Soe Myint, deputy permanent secretary of the Ministry of Electricity and Energy, said the ministry will start regulating […]

SINGAPORE – The technology group Wärtsilä and Singapore-based PSA Marine have agreed to collaborate in the co-creation of smart technologies for the marine sector. The focus will be on solutions that are human-centric and deployable. The Letter of Intent was signed on November 14 as part of the events celebrating the anniversary of the opening […]

Wärtsilä has been awarded a 40MW equipment supply contract for a power plant in Shwe Taung, Myanmar. The MCM Power facility aims to help meet the nation’s increasing energy demand by feeding baseload power into the national grid and alleviate its ongoing energy shortage. The plant will operate on four natural gas engines and is […]