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PM urges Vietnamese, Chinese firms to realize high-level agreements through concrete actions

PM urges Vietnamese, Chinese firms to realize high-level agreements through concrete actions

Vietnamese and Chinese enterprises should work to realize high-level agreements reached by the two countries through specific programmes and projects, with tangible outcomes, Prime Minister Pham Minh Chinh said.
Government approves direct sales of renewable power

Government approves direct sales of renewable power

Vietnam commerce and industry federation urges direct renewable energy sales

Vietnam commerce and industry federation urges direct renewable energy sales

Energy industry needs $190B investment by 2030

Energy industry needs $190B investment by 2030

The total capital demand for Vietnam's energy sector is estimated at VND4.13-4.8 quadrillion (US$163-189.7 billion) in investment capital during 2021-30, according to a plan to implement the National Power Planning.
April 26, 2024 | 05:20 pm PT
Dutch court hears Shell's appeal against landmark climate ruling

Dutch court hears Shell's appeal against landmark climate ruling

A Dutch court will on Tuesday hear Shell's appeal against a landmark climate ruling which ordered it to drastically deepen planned greenhouse gas emission cuts.
April 1, 2024 | 11:57 pm PT
Vietnam can import up to 8,000 MW of electricity from Laos

Vietnam can import up to 8,000 MW of electricity from Laos

Vietnam can import 8,000 MW of energy from Laos if needed by 2030 to ensure adequate supply for the northern region, especially during peak seasons.
April 1, 2024 | 11:29 pm PT
No electricity shortage this year, deputy minister promises

No electricity shortage this year, deputy minister promises

Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan has allayed apprehensions of a power shortage in the north this year caused by last year’s deficits.
March 29, 2024 | 10:46 pm PT
Laos wind farms offer Vietnam 4,150 MW of electricity

Laos wind farms offer Vietnam 4,150 MW of electricity

Seven Lao wind energy plants want to sell a total of 4,150 MW to Vietnam, according to national utility Vietnam Electricity.
February 26, 2024 | 08:50 pm PT
Chipmakers among 15 US firms eyeing $8B Vietnam investment

Chipmakers among 15 US firms eyeing $8B Vietnam investment

Fifteen U.S. companies, including semiconductors firms, have expressed interest in investing $8 billion in Vietnam in clean energy infrastructure, contingent on the country's progress on renewable energy rules, a senior U.S. official said.
January 27, 2024 | 03:24 am PT
World added 50% more renewable energy capacity last year over 2022: IEA

World added 50% more renewable energy capacity last year over 2022: IEA

The world added 50 percent more renewable energy capacity in 2023 over the year before, the International Energy Agency said Thursday, predicting booming growth in the next five years.
January 11, 2024 | 01:38 am PT
LNG, offshore wind energy projects may miss 2030 deadline: official

LNG, offshore wind energy projects may miss 2030 deadline: official

LNG-to-power projects typically take 7-8 years to complete while offshore wind energy projects could take 6-8 years, meaning they might not be operational by 2030 as planned.
December 26, 2023 | 02:11 am PT
Renewable energy firms grapple with debts

Renewable energy firms grapple with debts

Renewable companies are struggling to pay debts, partly because of payment delays Vietnam Electricity (EVN), the state-owned electricity buyer.
December 12, 2023 | 03:35 pm PT
Vietnam mulls undersea power line to develop renewable energy

Vietnam mulls undersea power line to develop renewable energy

Prime Minister Pham Minh Chinh has tasked state energy firm Petrovietnam with laying underwater power transmission lines and developing offshore wind power.
December 3, 2023 | 11:19 pm PT
Renewable power projects seek direct customer links

Renewable power projects seek direct customer links

Twenty-four solar and wind power plants with a combined capacity of 1,773 megawatts are seeking permits to sell directly to businesses without going through the national grid.
October 28, 2023 | 06:56 am PT
Storage systems vital to renewable energy boom: expert

Storage systems vital to renewable energy boom: expert

Vietnam needs to issue policies to encourage and manage Battery Energy Storage Systems (BESS) for renewable projects to ensure a stable power supply, a foreign expert has advised.
June 29, 2023 | 06:34 pm PT
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