Vietnam's target of achieving the climate neutrality by 2050 is not only technically feasible but also the most cost-effective scenario, according to a report developed by Vietnam’s Electricity and Renewable Energy Authority, the Danish Energy Agency (DEA) and the Embassy of Denmark in Vietnam.

The Danish Embassy in Vietnam and the Electricity and Renewable Energy Authority under the Ministry of Industry and Trade (MoIT) jointly held a conference in Hanoi on June 2 to discuss measures to promote the development of offshore wind power in Vietnam.

Vietnam expects to add 9,600 MW of power from biomass by 2030, but that will need added incentives.

The Ministry of Industry and Trade (MoIT) has said that transferring all or part of a solar power project was normal according to market rules and the Investment Law.

Vietnam takes the fourth position in the access-to-electricity index in 2019 in the Association of Southeast Asian Nations (ASEAN), with 82.2 points, according to the World Bank’s Doing Business report. ​

The Ministry of Industry and Trade (MoIT)’s Electricity and Renewable Energy Authority and the Belgian Embassy held a seminar in Hanoi on October 24 discussing renewable energy development.

The Electricity and Renewable Energy Authority of the Ministry of Industry and Trade launched a programme to boost the development of rooftop solar power in Vietnam.

An offshore wind power seminar took place in Hanoi on June 12, as part of the second Vietnam Wind Power Conference.

Vietnam plans to purchase more electricity from China and Laos in the coming years as the domestic power supply is running out, an official has said.