Indonesia’s state-owned oil company, Pertamina, announced on June 21 that it will invest 6.2 billion USD over the next five years to expand its renewable energy development.
VinFast, Vietnam’s leading electric vehicle (EV) manufacturer, and Marubeni Corporation, a major Japanese trading and investment conglomerate, on December 18 officially announced a memorandum of understanding (MoU) to explore opportunities in the secondary use of EV batteries and the potential to establish a circular economy model.
VinFast, a subsidiary of the multi-sector conglomerate Vingroup, and the PetroVietnam Oil Corporation (PV Oil) on October 25 signed a memorandum of understanding on cooperation to implement a system of stations for charging electric vehicles and leasing batteries.
