Hanoi (VNA) –ꦿ The World Bank has recommended 20actions that address three priority themes for Vietnam’s successful offshore windindustry.
The ‘Offshore Wind Roadmap for Vietnam’ report is the outcome of a study that followed an invitation from the Vietnamese Government to theWB. It was carried out from February to October 2020. According to the WB, by 2035, there will be about 450 largeoffshore wind turbines operating in Vietnam, installed at about 10 large conventionalfixed offshore wind farms and one or two at floating ones. In addition, based on leases issued to date, there will beabout 30 smaller nearshore wind farms using smaller turbines. The WB warned that nearshore projects in proximity to keybiodiversity areas, critical habitats, and sensitive natural habitats willlikely result in very high environmental impacts and may be unlikely to meet WBGroup environmental and social standards. The cost of energy of the first offshore wind projects willlikely be high, at 150-200 USD/MWh, due to a lower capacity factor,limited use of local suppliers, and small project scale. Experience from other markets has shown that the cost ofenergy quickly reduces as more capacity is built out, with risks reducing andlocal capability increasing. In this scenario, the cost of energy of projectscan be expected to reduce to around 80–90 USD/MWh by 2030 and 60–70 USD/MWh by2035. Under high growth scenario, with significant expansion ofoffshore wind resulting in offshore wind supplying 12 percent of Vietnam’selectricity needs by 2035, levelised cost of energy is projected to be 20percent lower. Local jobs will quadruple and there will be more value addedto the economy. Consumers will enjoy less than half the net cost, according tothe report. Experience in developed offshore wind markets suggest thatambitious, long-term targets can serve as cornerstones for industry development,it continued. The results of this roadmap suggest that a target of 10 GWby 2030 and 25 GW by 2035 would likely accomplish this objective. At the sametime, a consequence of higher growth is a higher risk of adverse environmentaland social impacts. This places even greater importance on the need to develop amarine spatial plan and a framework for environmental legislation to be put inplace before development leases are issued./.
Denmark prioritises helping Vietnam’s energy sector with green development and transformation, Danish Ambassador to Vietnam Kim Højlund Christensen affirmed on February 24.
Vietnam needs to increase the proportion of wind power, especially offshore wind power, in the total power capacity targeted in the National Power Development Plan for 2021-2030 with a vision to 2045 (Power Development Plan VIII), so as to attract more foreign investors in the field, according to businesses and experts.
Vietnam wants to capitalise on chances to foster cooperation between its localities and Belgium’s Antwerp province in potential fields such as seaports, renewable energy, climate change adaptation and education, Ambassador to Belgium Nguyen Van Thao has said.
Vietnam is believed to possess great potential for developing offshore wind power, but a friendlier legal framework is still needed to attract more foreign investment to this type of renewable energy, an insider has said.
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.