Solar energy storage system offers low-cost solution for Vietnam
The Solar Storage System (ESS) offers a low-cost and low-emissions solution for peak-hour power supply, helping Vietnam pursue low emissions development and ensuring economic growth, according to an expert at a workshop held in Hanoi on January 27.
Hanoi (VNA) - The Solar Storage System (ESS) offers a low-cost andlow-emissions solution for peak-hour power supply, helping Vietnam pursue lowemissions development and ensuring economic growth, according to an expert at aworkshop held in Hanoi on January 27.
MarkLeslie, Managing Director of the Green Investment Group at Macquarie Capital,said the solution helps integrate solar power into the grid.
Energystorage is the capture of energy produced at one time for use at a later time,to reduce imbalances between demand and generation.
Accordingto a representative from the Blueleaf Energy company - an organiser of theworkshop - the solar energy storage system allows the use of low-cost solarpower at noon to charge and then discharge during peak hours to meet peakloads.
Solar powersources are intermittent and fluctuate during the day, thus causing severalissues for grid operation. The combination between the source and the energystorage system can lead to more stable performance.
DirectorNguy Thi Khanh of the Green Innovation and Development Centre (GreenID) said thesolar energy storage system will be a significant contributor to the economy,reducing expensive peak-hour generation costs and at the same time continuingto mobilise social participation in the development of the promising solarpower market.
Vietnamneeds to quickly adopt policies to promote the application of the energystorage solution in renewable energy plants or for the whole energy system toavoid wasting current social investment and make a transition to clean energyas fast as possible, Khanh stressed.
Electricityof Vietnam figures show that national electricity output generated from solarpower in 2020 was 10.6 billion kWh, including 1.15 billion kWh from rooftopsolar power, accounting for about 4.3 percent of the total output from thenational electricity system.
Accordingto Nguyen Duc Ninh, Director of the National Power Regulation Centre, last yearthe regulating agency cut 365 million kWh of unexploited solar power due tooverloads in local networks, mainly in south-central provinces like Ninh Thuanand Binh Thuan./.
Vietnam’s energy sector is on the right track developing and using clean and renewable energy, but there are still obstacles ahead to ensure a greener power supply, experts said.
As smart energy plays an important role in smart urban areas, Vietnam plans to develop smarter, cleaner, greener and more sustainable energy resources for its cities, said experts at a recent summit in Hanoi.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Illustrative image (Photo: VNA) 
