Vietnam needs considerable international support in terms of concessional capital to take measures for concurrently ensuring national energy security and achieving net zero emissions by 2050, said Minister of Industry and Trade Nguyen Hong Dien.

Vietnam can set an example for clean energy adoption thanks to its natural advantages, the U.S.’s special presidential envoy for climate, John Kerry, said.

The second Vietnam Clean Energy Forum took place in Hanoi on April 7, offering a venue for managers, scientists and businesses to exchange views on mechanisms, policies, technology and financing for wind, solar and gas power projects towards carbon neutrality.

TEMPO.CO, Jakarta – Vietnam considers a new price mechanism to adjust fuel prices every five days instead of the current 10-day cycle to address a number of issues that resulted in sporadic fuel shortages across the country in recent months, local media reported Thursday, Nov. 17.

The Ministry of Industry and Trade (MoIT) has been asked to coordinate with the Ministry of Natural Resources and Environment (MoNRE) on setting up a renewable energy centre.

The solar power capacity planned by Vietnam for 2031-2045 is “too high” should be reduced to give space for wind power, the government says

Vietnam is taking a page from California and the EU to craft a landmark cap-and-trade program that will cover major emitters from Panasonic to Nestle in a country that has become one of the world’s most important manufacturing hubs.

Vietnam’s Tesla (TSLA.O) wannabe is speeding up. Carmaker Vinfast will stop making internal combustion engine models by the end of 2022 and aims to sell overseas as it goes all-electric. Its ambition to motor towards a 2022 U.S. listing, which Refinitiv publication IFR says could raise up to $3 billion, combines the clout of a […]

State power utility Vietnam Electricity (EVN) made a profit of VND4.74 trillion ($207.6 million) from all activities in 2020. But, its core business of electricity production and trading reported VND1.3 trillion in losses due to price reduction and discounts. In 2020, EVN sold each kilowatt-hour for an average VND1,820.20, down 1.68 percent from 2019.

Vietnam Electricity (EVN) posted losses of VND15.758 trillion ($635.4 million) between January and October, with higher fuel prices a major contributing factor. EVN said fluctuations in the world prices of coal, oil and gas since the beginning of this year have caused its production costs and purchase prices of electricity it bought from other power […]