Vietnam sees clear opportunities for sustainable development. Developing renewable energy including wind and solar power is an inevitable direction to ensure energy security, meet commitments to reduce greenhouse gas emissions and respond to climate change.
The Tra Vinh provincial People’s Committee has given the green light to the investment policy for five wind power projects, for an investment total of over 13.8 trillion VND.
Acting Chairman of Quang Tri province Ha Sy Dong expressed his hope that the collaboration will effectively contribute to Vietnam’s and Italy’s international ecological environment commitments.
After nearly four years of collaboration, Vietnam’s rooftop solar power project in the commercial and industrial sectors has achieved significant milestones. With about 17 GW (gigawatts) of solar power generated since 2020, Vietnam has become a leading country in solar power development in the ASEAN region.
Indonesia's Institute for Essential Services Reform (IESR) announced on October 21 that the country’s installed solar power capacity has surpassed 700 MW. However, further acceleration is needed to meet global climate targets.
The Royal Government of Cambodia is focusing on boosting clean and renewable energy in alignment with sustainable development goals as evident in the group of power projects approved for the 2024-2029 period.
Thailand’s energy authorities are considering buying more solar power from households as part of efforts to promote clean energy and increase installation of rooftop solar panels.
The Petrovietnam Power Corporation (PV Power) has proposed the implementation of the Lam Son Clean Energy Production Complex project, with an investment of nearly 4 billion USD in Ninh Thuan province.
The Lao Government has allowed Liankham Trading Sole Co., Ltd. to carry out a feasibility study on the construction of a floating solar energy generation plant with a capacity of up to 1,500-1,600 MW.
Deputy Prime Minister Tran Hong Ha hosted a reception on March 27 for Mary L Schapiro, vice chairwoman of the Glasgow Financial Alliance for Net Zero (GFANZ).
Textile and garment exports posted a year-on-year increase of 15% in the first two months of 2024, a result partly attributed to the industry’s gradual adaptation to the green production requirement of import markets.
The Nam Cau Kien Industrial Park holds potential for developing a circular economy at the regional level as many localities such as Quang Ninh, Gia Lai, Hau Giang, and Khanh Hoa are also planning to expand and develop industrial parks.
Indonesia wants to develop projects on new energy sources such as nuclear, hydrogen and ammonia to achieve its Net Zero Emissions (NZE) by 2060 or sooner, according to the Ministry of Energy and Mineral Resources (ESDM).
The recently issued National Power Development Plan VIII is considered a breakthrough in the energy sector as it shows Vietnam’s determination to gradually eliminate coal and gas-fired power generation and promote renewable energy to achieve the target of net zero emissions by 2050.
Australian energy trading technology company, Powerledger, on March 28 announced it’s partnering with Vietnam Electricity Central Power Corporation (EVNCPC) to launch Vietnam's first peer-to-peer (P2P) energy trading project at the Australia-Vietnam Forum on Energy Transition.
Vietnam’s energy transition is facing challenges, especially as the transition is expected to ensure energy security, power supply, and reasonable costs.
