Indonesia uses carbon for decarbonization

Indonesia uses carbon for decarbonization

Indonesia is developing CO2-to-X technology to transform captured CO2 into valuable materials, thus balancing energy needs with decarbonization goals.

Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam finance ministry drafts decree on environmental protection fees for emissions

Vietnam finance ministry drafts decree on environmental protection fees for emissions

Vietnam’s Ministry of Finance is drafting a decree on environmental protection fees for emissions towards achieving sustainable growth, improving environment quality and people’s health as well as reducing polluting projects.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

JICA, ADB to launch $1.5 bln infrastructure fund, Vietnam in focus

JICA, ADB to launch $1.5 bln infrastructure fund, Vietnam in focus

The Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) will establish the Leading Asia's Private Infrastructure Fund 2 (LEAP 2) with the capital of up to $1.5 billion, the duo announced Friday.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Goldman Sachs finances $14 mln in Vietnam sustainability, kickstarts $350 mln funding

Goldman Sachs finances $14 mln in Vietnam sustainability, kickstarts $350 mln funding

The Climate Innovation & Development Fund (CIDF), launched by Goldman Sachs and Bloomberg Philanthropies and managed by the Asian Development Bank (ADB), has financed $14 million for four projects in Vietnam.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam stock market upgrade to attract more int’l capital: Citibank

Vietnam stock market upgrade to attract more int’l capital: Citibank

The upgrade of Vietnam’s stock market status from frontier to emerging market will see more international capital flow into the country and boost economic growth, says Citibank Vietnam.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

EVN, Jera ink Vietnam-Japan cooperation in decarbonization

EVN, Jera ink Vietnam-Japan cooperation in decarbonization

State utility Vietnam Electricity (EVN) and Japanese energy company Jera signed a memorandum of understanding Thursday on cooperation in strategic decarbonization.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Ba Ria-Vung Tau province okays $540 mln Hyosung carbon fiber factory

Ba Ria-Vung Tau province okays $540 mln Hyosung carbon fiber factory

South Korean giant Hyosung has received in-principle approval from Ba Ria-Vung Tau's industrial park authority to build a $540 million carbon fiber factory in the southern coastal province.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese group, Singaporean firm establish sustainability links

Vietnamese group, Singaporean firm establish sustainability links

Vietnamese conglomerate Bamboo Capital will use the ESGpedia platform of Singaporean environmental, social and governance (ESG) data and technology solutions provider STACS to support corporate sustainability, a release said Tuesday.

Bamboo Capital - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam no longer a cheap manufacturing base: JBIC

Vietnam no longer a cheap manufacturing base: JBIC

Vietnam is no longer the “cheap manufacturing base” it used to be, but no trend of “moving to cheaper countries” away from the country has been seen to date.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Nestlé to support regenerative, low-emission agriculture in Vietnam

Nestlé to support regenerative, low-emission agriculture in Vietnam

Nestlé Vietnam has signed a strategic partnership agreement with the Ministry of Agriculture and Rural Development to support the country’s transition to regenerative and low-emission agriculture.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese forests worth $200 mln a year in carbon credits: Deputy Minister

Vietnamese forests worth $200 mln a year in carbon credits: Deputy Minister

Vietnam's forests net-absorb 40 million tons of carbon yearly, or $200 million in carbon credits at $5 per ton, Deputy Agriculture and Rural Development Minister Nguyen Quoc Tri said Monday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese exporters advised to take note of new EU carbon rules

Vietnamese exporters advised to take note of new EU carbon rules

Europe’s Carbon Border Adjustment Mechanism (CBAM) is set to take effect in October, and Vietnamese exporters need to take a proactive approach to the mechanism to boost shipments to the EU, experts have said.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam to issue price frame to ease renewables project woes

Vietnam to issue price frame to ease renewables project woes

The Ministry of Industry and Trade plans to introduce a price frame for renewable energy projects that have missed the deadline for incentivized feed-in-tariffs (FiTs) in late November this year.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Lao geothermal power plant to sell energy to Vietnam

Lao geothermal power plant to sell energy to Vietnam

Laos expects to obtain at least $613 million each year from selling geothermal power, a type of renewable, to Vietnam.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7