Experts impressed by Vietnam’s renewable energy adoption
The UK’s Financial Times on April 26 ran an article highlighting that the expansion of Vietnam’s wind and solar farms is proving crucial to powering its economic growth.
Hanoi (VNA) – The UK’s Financial Timeson April 26 ran an article highlighting that the expansionof Vietnam’s wind and solar farms is proving crucial to powering its economicgrowth.
According to data from Irena, an inter-governmental renewable energyorganisation, Vietnam’s production from solar and wind increased 237 percentand 60 percent, respectively in 2020, raising the share of these sources to aquarter — almost a decade ahead of schedule, it wrote.
With an average speed of more than 10 metres a second,Vietnam’s territorial waters rank in the top 10 percent of the windiest placeson the planet.
The seas off the provinces of Binh Thuan and Soc Trang wheredevelopers plan to build multibillion-dollar offshore wind farms are alsorelatively shallow, with depths of 20 metres to 50 metres.
The author quoted Thu Vu, anenergy finance analyst at the Ohio-based Institute for Energy Economics andFinancial Analysis as saying that Vietnam’s renewable energy adoption isimpressive. The higher cost of offshore units relative toonshore or nearshore wind, the expert noted.
Ian Hatton, Chair ofEnterprize Energy, a UK-renewable energy company, said in order to reduce cost,Vietnam must improve its infrastructure, build substations, and laycables along the seabed for offshore production, or finding alternativesolutions. Enterprize is experimenting with converting wind energy andseawater to hydrogen.
He also noted an example of the dilemma facing low- andmiddle-income nations such as Vietnam. Accordingly, if they produce enoughenergy to meet demand without improving transmission infrastructure, additionalcapacity could be squandered.
ꦓ But William Gaillard, Vice President of wind turbine manufacturer Vestas,believed that Vietnam has “shown a path for others to follow, adding that thecombination of an attractive feed-in-tariff with ambitious installation targetsand a transparent permitting process has been a critical factor in unlockingthis market./.
Vietnam and Sweden have nurtured long-standing energy cooperation and now the scope of cooperation has expanded from hydropower in the past to safe and sustainable energy development at present.
The Economic Research Institute for ASEAN and East Asia (ERIA) on April 13 held a press conference to reveal outcomes of a study on hydrogen as an important part of carbon neutrality for ASEAN.
Experts discussed the opportunities and challenges in sustainable energy transition at a Hanoi forum held by Vietnam Energy magazine on April 20, which focused on the development of green, clean, and renewable energy against the backdrop of international capital movement into the country.
Mariam Sherman, World Bank Country Director for Vietnam, Laos, and Cambodia, said the World Bank remains committed to working with the Vietnamese government to develop the next phase of climate resilience and transformation for the Mekong Delta.
Under the directive, the PM instructed relevant agencies to regularly inspect, supervise and proactively implement disaster prevention, response and rescue measures in line with their assigned roles and mandates, ensuring readiness, avoiding passivity or delays, and maintaining operational continuity amid ongoing political and administrative restructuring at levels.
According to Dr. Vu Anh Tuan, Deputy Director General of the Vietnam Space Centre and head of the project, this is the first study in Vietnam to simultaneously employ Sentinel-2 satellite data, advanced machine learning algorithms, and the Google Earth Engine (GEE) cloud computing platform to model and monitor key seawater quality parameters.
The Deposit Return System is seen as a potential instrument for effectively advancing Vietnam’s vision of a circular economy, as outlined in Article 142 of the 2020 Law on Environmental Protection.
The figures were highlighted in a Pre-Feasibility Study on a DRS tailored for single-use beverage packaging in Vietnam, conducted by Eunomia Research & Consulting.
Young people should not view AI as salvation but rather as a tool under human control. Young creators should focus on learning and accumulating practical knowledge, using AI as a tool to carry out artistic projects in the most effective and cost-efficient manner.
Saigon Hi-Tech Park’s ambitious 50% renewable energy goal far exceeds the city’s 15% target, positioning the park as a trailblazing “living lab” for sustainable energy solutions.
Vietnam's economic losses from natural disasters are estimated to account for 1 to 1.5% of GDP annually - a steep price that will continue to rise unless the country takes strong action.
Wutip, the first storm in the East Sea so far this year, has wreaked havoc across central Vietnam, claiming lives, displacing residents, and causing widespread damage to houses, crops, and infrastructure, the Department of Dyke Management and Disaster Prevention and Control reported as of 6:30 pm on June 13.
The tremor occurred at 7:39:46 am (Hanoi time), with the epicentre located at latitude 14.924°N and longitude 108.236°E, at a depth of approximately 8.1 kilometres. The natural disaster risk level was classified as 0 – the lowest on the scale.
Addressing a session on “Accelerating Financing for Resilience: Tailored Solutions for Disaster Risk Reduction,” Deputy Minister Hiep emphasised Vietnam's proposal in building sustainable financing in response to natural disasters, which aligns with the Sendai Framework for Disaster Risk Reduction's goals.
Vietnam has demonstrated its strong commitments by participating in global sustainable development forums, signing multiple free trade agreements, and attracting support from international partners for the implementation of the SDGs.
The fight against plastic pollution could not succeed through isolated efforts, but it must be a collective endeavour involving the entire political system, businesses, citizens, and the international community, said Minister of Agriculture and Environment Do Duc Duy.
Lang Son Global Geopark, with its outstanding geological values, cultural heritage, and unique natural landscapes, represents a valuable addition to UNESCO’s global geoparks system.
In 2019, Quang Ninh became one of the first localities in Vietnam to launch a province-wide campaign against plastic waste, mobilising the participation of the political system, the business sector, and the general public. Other localities—such as Hai Phong, Da Nang, Binh Duong, and Ho Chi Minh City—have also effectively implemented waste-sorting initiatives at source, along with models for plastic-free markets and urban areas.
This year’s World Oceans Day on June 8 is themed 'Wonderful Oceans: Sustaining What Sustains Us', while World Environment Day is on June 5 with the theme: 'Beat Plastic Pollution'.
According to Director of the provincial Department of Agriculture and Environment Le Huu Toan, a fire prevention and control plan has been in place since the dry season began, including round-the-clock patrols and rapid-response teams to snuff out fires before they could spread.
Renowned artists including Ha Anh Tuan, Den Vau, and Phan Manh Quynh, along with many directors and attendees, took part in planting hundreds of rare tree species such as mun (Diospyros mun) and cho chi (Parashorea chinensis) in the Thung Bong area of the Cuc Phuong National Park, contributing to forest ecosystem restoration.