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energy

Ensuring enough supply of electricity to achieve economic growth

Ensuring enough supply of electricity to achieve economic growth

Key measures also involve expediting critical power generation and transmission projects, optimising resource mobilisation, encouraging electricity savings and reducing peak-time consumption.
Việt Nam imports 1.8 billion worth of coal in Q1, mainly for thermal power generation

Việt Nam imports $1.8 billion worth of coal in Q1, mainly for thermal power generation

The rise in coal imports reflects Việt Nam’s continued reliance on thermal power, despite efforts to boost clean energy.
Việt Nam cuts LNG import tariff to boost clean energy transition

Việt Nam cuts LNG import tariff to boost clean energy transition

The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG), marking a key step in accelerating the country’s shift from fossil fuels to cleaner energy.
KCP Vietnam plans sugar and biomass expansion in Phú Yên

KCP Vietnam plans sugar and biomass expansion in Phú Yên

KCP Vietnam Industries Limited plans to expand its Sơn Hòa sugar plant to 15,000 tonnes per day and launch phase two of its 45MW, US$60 million KCP Phú Yên Biomass Power Plant.
Thanh Hóa launches international bidding for mega project worth 2.11 billion

Thanh Hóa launches international bidding for mega project worth $2.11 billion

Bidders must have a minimum equity capital of VNĐ8.26 trillion and the ability to mobilise loans of up to nearly VNĐ55.07 trillion. 
Adjusted Power Development Plan VIII is approved

Adjusted Power Development Plan VIII is approved

The plan aims to fully meet domestic electricity demand, supporting national socio-economic development with an average annual GDP growth rate of around 10 per cent from 2026 to 2030, and 7.5 per cent from 2031 to 2050.
HSBC commits 12 billion to support Việt Nams energy transition

HSBC commits $12 billion to support Việt Nam’s energy transition

Out of a total $12 billion financial commitment for energy transition projects in Việt Nam, HSBC has so far executed transactions accounting for approximately 22 per cent.
Call for increased use of hydrogen energy in Việt Nam

Call for increased use of hydrogen energy in Việt Nam

Việt Nam''s hydrogen strategy sets an ambitious goal of producing 100,000 to 500,000 tonnes of green hydrogen annually by 2030, with a long-term target of 10 to 20 million tonnes per year by 2050.
New decree incentivises renewable, new energy development

New decree incentivises renewable, new energy development

The research and development of technology in Việt Nam''s wind and solar power sectors are being actively encouraged and supported, according to a recently issued government decree.
VNs largest exhibition on electrical equipment, renewable energy slated for July

VN’s largest exhibition on electrical equipment, renewable energy slated for July

Covering an expected area of 15,000sq.m, the Vietnam ETE & Greenergy Expo 2025 will feature nearly 750 booths from over 500 companies of Việt Nam and countries with developed electric industries.
Energy sector accelerates improvements for robust economic growth ahead

Energy sector accelerates improvements for robust economic growth ahead

With much higher economic growth targets set for the future along with a strong commitment to achieve net zero emissions by the end of 2025, Việt Nam is seeing growing demand for electricity.
UK energy firm acquires Harbour Energys Việt Nam operations

UK energy firm acquires Harbour Energy’s Việt Nam operations

British energy company EnQuest announced on January 22 its acquisition of Harbour Energy’s operations in Việt Nam as part of its strategy to expand internationally.
Ministry proposes incentives for renewable energy projects

Ministry proposes incentives for renewable energy projects

To attract investments in offshore wind power, the ministry proposed an exemption of marine area use fees during construction and a 50 per cent reduction in fees for the 12 years after operations begin.
Indonesia to build first nuclear power plant

Indonesia to build first nuclear power plant

Indonesia is planning to build its first nuclear power plant on Kelasa island in Bangka Belitung province.
PV Power REC, PVA Energy Solutions and 60Hertz join forces on IT-driven renewable energy solutions

PV Power REC, PVA Energy Solutions and 60Hertz join forces on IT-driven renewable energy solutions

With this memorandum of understanding, the parties pledge to combine their expertise to advance a range of renewable energy projects.