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 - Wed, March 13, 2024 | 11:06 am

Japan’s Sojitz, Vietnam’s Stavian to bolster energy, chemicals partnership

Japan’s Sojitz, Vietnam’s Stavian to bolster energy, chemicals partnership

Japanese conglomerate Sojitz Corporation and Vietnamese counterpart Stavian Group have agreed to boost their cooperation in forest development and wood chips, energy, decarbonization, paper pulp and chemicals businesses.

Industries - Mon, March 11, 2024 | 6:01 pm

VietinBank inks green cooperation pacts with Japanese financial institutions

VietinBank inks green cooperation pacts with Japanese financial institutions

VietinBank, a state-controlled Vietnamese lender, has struck cooperation agreements with Mitsubishi UFJ Financial Group (MUFG) for sustainable growth and the Japan Bank for International Cooperation (JBIC) for decarbonization and energy transition.

Banking - Mon, December 18, 2023 | 7:21 pm

Petrovietnam, Petronas ink wide-ranging cooperation pact

Petrovietnam, Petronas ink wide-ranging cooperation pact

Petrovietnam and Petronas, national oil companies of Vietnam and Malaysia, respectively, have signed a memorandum of cooperation (MoC) in renewable energy, gas, upstream and downstream sectors.

Energy - Wed, November 15, 2023 | 3:48 pm

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 - Fri, October 6, 2023 | 2:28 pm

Asean green transformation expected to lure $6.7 trillion in investments: Secretariat

Asean green transformation expected to lure $6.7 trillion in investments: Secretariat

The Association of Southeast Asian Nations (Asean) is setting course for a carbon-neutral future which could attract a substantial $3.7-6.7 trillion in green investment and unlock between 49 and 66 million additional jobs for the region, according to the block Secretariat.

Economy - Tue, August 22, 2023 | 11:25 am

Vietnam’s green push sparks e-bike race

Vietnam’s green push sparks e-bike race

Vietnam is witnessing a fierce race among producers of electric bikes and e-scooters as the country gears up to go green and meet its 2050 carbon neutrality target.

Industries - Mon, July 24, 2023 | 11:25 pm

Asean+3 ought to reinvent climate finance for the Asian century

Asean+3 ought to reinvent climate finance for the Asian century

To achieve carbon neutrality, Asean+3 countries must overhaul their economic strategies, which will almost certainly mean a period of slower growth. By mobilizing public and private climate finance, however, policymakers could mitigate the transition’s impact and create a greener and more resilient continent, write Masyita Crystallin and Marthe Hinojales.

Finance - Fri, July 21, 2023 | 12:12 pm

Earth VC jointly backs US battery firm

Earth VC jointly backs US battery firm

Ho Chi Minh City-headquartered investment firm Earth Venture Capital has joined the latest financing round for Group14 Technologies, an American maker of lithium-silicon batteries.

Companies - Fri, July 21, 2023 | 9:43 am

Making the most of Vietnam's Just Energy Transition Partnership

Making the most of Vietnam's Just Energy Transition Partnership

Vietnam’s efforts toward carbon neutrality and international institutions’ support for the transition offer various business opportunities, but challenges exist, writes Luong Phuong Mai from HSBC Vietnam's commercial real estate and wholesale banking division.

Consulting - Thu, July 20, 2023 | 10:45 am

JBIC, Mizuho Bank provide $41 mln loans to retailer Aeon Vietnam

JBIC, Mizuho Bank provide $41 mln loans to retailer Aeon Vietnam

Two Japanese leading lenders - the Japan Bank for International Cooperation (JBIC) and Mizuho Bank - said they are providing Aeon Vietnam with a total of $41 million in loans.

Companies - Wed, July 19, 2023 | 2:26 pm

Major institutions, firms team up to promote clean energy in SE Asia

Major institutions, firms team up to promote clean energy in SE Asia

Southeast Asia’s development of renewable energy generation and transmission, of which Vietnam will be both a buyer and seller, is gathering more forces to advance.

Energy - Wed, July 12, 2023 | 11:19 am

Powering faster energy transition

Powering faster energy transition

Christian Deseglise, HSBC’s Group head of sustainable infrastructure and innovation, leads the bank’s global efforts in Just Energy Transition Partnerships, or JETPs, with Indonesia and Vietnam. He explains why they are powerful tools for decarbonization.

Consulting - Tue, April 11, 2023 | 3:04 pm

Japanese banks to finance $300 mln for Vietnam's renewable energy sector

Japanese banks to finance $300 mln for Vietnam's renewable energy sector

The Japan Bank for International Cooperation (JBIC), Mizuho Bank, Joyo Bank, and Shiga Bank will provide funding totaling $300 million to renewable energy firms in Vietnam to support the country's decarbonization efforts.

Energy - Wed, March 29, 2023 | 12:03 pm