Vietnam Business Forum launches Made in Vietnam Energy Plan 2.0
The Made in Vietnam Energy Plan 2.0 (MVEP 2.0), a business case for the primary use of Vietnam’s domestic resources to stimulate investment in clean, secure and affordable energy generation, was officially launched by the Vietnam Business Forum (VBF) on February 27.
Hanoi (VNA) – The Made in Vietnam Energy Plan 2.0 (MVEP 2.0), abusiness case for the primary use of Vietnam’s domestic resources to stimulateinvestment in clean, secure and affordable energy generation, was officiallylaunched by the Vietnam Business Forum (VBF) on February 27.
At the launching ceremony, VBF Co-Chairwoman Virginia Foote said the plan wasrolled out in the context that development of renewable, clean and safe energyis an urgent issue as the country is suffering sheer exhaustion of fossil fuelresources.
The MVEP 2.0, based on the groundbreaking 2016edition – MVEP 1.0, was developed during a time of the fast transition towardsrenewable energy and increasing use of natural gas in electricity production inVietnam.
The report recommends Vietnam to prioritise renewable energy in national powerplanning; increase use of natural gas as the current best-fit baseload forrenewable energy; construct a regulatory and permitting environment thatattracts private sector and smaller scale off-grid investment in clean energygeneration and energy efficiency; invest in grid infrastructure to improvestability and capacity; and halt any new approvals for coal.
It also suggests the implementation of regulatory frameworks andincentives that encourage investment in renewable energies, such as rooftopsolar, battery storage, floating solar, and offshore wind projects, withsimplified approval processes, while still maintaining safe power systems.
According to John Rockhold, head of VBF Power and Energy Working Group, Vietnamholds huge potential for the development of clean power, such as solar power,win power and hydropower.
The country’s demand for power is increasing, and the system of transmissionlines should be completed as soon as possible, he said, adding as the state’sresources are limited, it is necessary to promote the private-publicpartnership model and engage the participation of the private sector in powermanagement, distribution and retail prices./.
Renewable energy has emerged as one of the most preferred sectors for investment in Vietnam, according to a survey by international consulting firm Grant Thornton, but the development of such projects has been hampered by a number of challenges.
The Vietnam Business Forum will roll out next week the second edition of the Made in Vietnam Energy Plan (MVEP 2.0), a business case for the primary use of Vietnam’s domestic resources to stimulate investment in clean, secure and affordable energy generation.
The National Energy Development Strategy by 2030, with vision to 2045 aims to ensure national energy security, which serves as a foundation for growth.
The People’s Committee of Bac Lieu province hopes the licence it granted to a Singapore company for a liquefied natural gas-fired (LNG) power plant in the province is going to be a significant factor in attracting further foreign direct investment (FDI).
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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.
At the launching ceremony (Photo: VNA) 
