Can Tho (VNA)🎀 – The Vietnam Renewable Energy Week took place for the first time in the Mekong Delta city of Can Tho on November 15-16.
The event, co-hosted by the Steering Committee for the Southwestern Region, the Vietnam Sustainable Energy Alliance, and the Green Innovation and Development Centre (GIDC), featured an energy model exhibition, film screenings, two seminars on renewable energy development strategy for the Mekong Delta and practical initiatives for renewable energy.
Participating experts and scientists at home and abroad were updated on the development of the renewable energy industry and interacted with policymakers, businesspeople and activists from social organisations in the field.
Speaking at the event, member of the Steering Committee for the Southwestern Region Tran Huu Hiep said under the development goal until 2030 with orientations to 2050, the Mekong Delta is expected to become a centre for agro-fishery processing, electricity, support industry for agriculture, eco-tourism and services.
To that end, the region should not rely on only fossil fuel but have to seek new and green energy sources.
According to Hiep, the Mekong Delta holds the greatest potential of biomass energy thanks to its abundant amount of agricultural by-products, including straw, bran, risk husk and cattle droppings.
More than 20 million tonnes of straw are being wasted each year since over 70 percent of them are burnt.
In 2013, the Ministry of Industry and Trade issued a decision approving a master plan for biomass power development for the Mekong Delta until 2030 when 300MW of electricity will be generated from straw, sugar cane bagasse and husk.
GIDC Director Nguy Thi Khanh suggested more incentives be provided for investment in renewable energy while the construction on new thermoelectric coal and nuclear power plants be stopped.-VNA
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The high-level dialogue between the National Steering Committee on Climate Change and development partners took place in Hanoi on October 25, aiming to seek measures for climate change mitigation.
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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.
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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.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
Illustrative image (Source: VNA)
