Renewable power could be purchased directly, not via EVN: draft decree

Renewable power could be purchased directly, not via EVN: draft decree

Manufacturing enterprises should be able to buy electricity directly from renewable energy plants with or without going through state utility Vietnam Electricity (EVN), proposed the Ministry of Industry and Trade in a draft decree regarding the direct power purchase agreement (DPPA).

Energy - Wed, April 17, 2024 | 10:15 am GTM+7

Vietnam ministry retains no-payment plan for excess rooftop solar power

Vietnam ministry retains no-payment plan for excess rooftop solar power

The Ministry of Industry and Trade has retained last year’s proposal that excess power from rooftop solar systems in residences and offices be connected to the national grid without payment.

Energy - Tue, April 16, 2024 | 5:27 pm GTM+7

US First Solar seeks approval to expand capacity of Vietnam plant

US First Solar seeks approval to expand capacity of Vietnam plant

First Solar, an American manufacturer of solar panels, is seeking Vietnamese authorities' nod to enlarge the capacity of its VND23.9 trillion ($942.5 million) factory in Ho Chi Minh City.

Energy - Tue, April 16, 2024 | 10:46 am GTM+7

Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant

Korean chaebol SK okayed to study investment in central Vietnam LNG-to-power plant

Quang Tri's Department of Planning and Investment has agreed to let a South Korea-Vietnam joint venture study the feasibility of an LNG-fired thermal plant project in the central province.

Energy - Mon, April 15, 2024 | 4:34 pm GTM+7

Hanoi firm plans green hydrogen-ammonia plant in Phu Yen province

Hanoi firm plans green hydrogen-ammonia plant in Phu Yen province

Hanoi-based Minh Thach D&L Green Hydrogen JSC has proposed the establishment of a green hydrogen-ammonia plant at the South Phu Yen Economic Zone in the south-central province of Phu Yen.

Energy - Sat, April 13, 2024 | 10:45 pm GTM+7

CS Wind’s Vietnam unit to deliver wind turbines to South Korea project

CS Wind’s Vietnam unit to deliver wind turbines to South Korea project

CS Wind Vietnam, a unit of South Korea’s CS Wind Corporation, has held a ceremony for delivery of first wind turbines from its factory in Vietnam’s southern province of Ba Ria-Vung Tau to South Korea’s southwestern province of Jeonnam.

Energy - Sat, April 13, 2024 | 2:29 pm GTM+7

PV Gas receives second LNG delivery for power generation

PV Gas receives second LNG delivery for power generation

PV Gas, a subsidiary of state-owned Petrovietnam, received its second load of 70,000 tons of liquefied natural gas (LNG) at its port in Vietnam’s southern province of Ba Ria-Vung Tau on Thursday.

Energy - Fri, April 12, 2024 | 4:03 pm GTM+7

Rooftop solar power in Vietnam: great potential but no specific policies

Rooftop solar power in Vietnam: great potential but no specific policies

Vietnam has not issued any specific policies for rooftop solar power development in the past three years despite its great potential, thereby hindering businesses, heard a forum in Hanoi on Thursday.

Energy - Fri, April 12, 2024 | 12:56 pm GTM+7

PV Gas to supply LNG for power production

PV Gas to supply LNG for power production

PV Gas, a subsidiary of state-owned Petrovietnam, is set to supply 70,000 tons of LNG to state utility Vietnam Electricity (EVN) for power production, starting mid-April, PV Gas said Tuesday.

Energy - Thu, April 11, 2024 | 3:43 pm GTM+7

Vietnam gov’t irons out incentives for rooftop solar development

Vietnam gov’t irons out incentives for rooftop solar development

The Vietnamese government is drafting a decree to stimulate the development of rooftop solar power as the country struggles to fully tap its energy potential.

Energy - Thu, April 11, 2024 | 11:11 am GTM+7

Top legislator welcomes PowerChina’s expansion in Vietnam

Top legislator welcomes PowerChina’s expansion in Vietnam

Chairman of Vietnam’s National Assembly Vuong Dinh Hue has said the country welcomes PowerChina’s plans to expand its investment in the power-hunger economy.

Energy - Wed, April 10, 2024 | 11:30 am GTM+7

Citibank, ING lend PV Power $300 mln to develop Vietnam's first two LNG plants

Citibank, ING lend PV Power $300 mln to develop Vietnam's first two LNG plants

PetroVietnam Power (PV Power) has reached agreement for a $300 million short-term loan from the U.S.’s Citibank and the Netherlands-based bank ING for developing Vietnam’s first LNG power plants.

Energy - Tue, April 9, 2024 | 6:14 pm GTM+7

Russia's Zarubezhneft eyes Vietnam offshore wind power projects

Russia's Zarubezhneft eyes Vietnam offshore wind power projects

Russian oil-gas giant Zarubezhneft is looking to expand its operations in Vietnam to offshore wind power projects, general director Sergey Ivanovich Kudryashov told Prime Minister Pham Minh Chinh Monday.

Energy - Mon, April 8, 2024 | 4:33 pm GTM+7

Vietnam mining group builds 110 MW coal-fired power plant in Lang Son province

Vietnam mining group builds 110 MW coal-fired power plant in Lang Son province

Vietnam’s national mining group Vinacomin kicked off construction Friday of the 110 MW Na Duong II coal-fired power plant in the northern mountainous province of Lang Son.

Energy - Sat, April 6, 2024 | 3:44 pm GTM+7

With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap

With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap

While dozens of coal-fired power plants (CFFPs) in Vietnam are facing closure or forced to transition to cleaner input fuels to meet net-zero emissions target by 2050, the government has yet to set a clear roadmap to help them in this process.

Energy - Fri, April 5, 2024 | 10:06 am GTM+7

LS Eco Energy to help Vietnam commercialize superconducting cable

LS Eco Energy to help Vietnam commercialize superconducting cable

LS Eco Energy, a subsidiary of South Korean chaebol LS Group, will cooperate with Vietnam on commercializing superconducting cables that can be connected to the national power grid.

Energy - Thu, April 4, 2024 | 4:51 pm GTM+7

$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June

$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June

The $5.4 billion Long Son Petrochemicals Complex (LSP) in Vietnam’s southern province of Ba Ria-Vung Tau has experienced an unexpected technical setback during a test run of the whole complex.

Energy - Tue, April 2, 2024 | 10:10 am GTM+7

Vietnam okays long-awaited execution scheme for national power plan

Vietnam okays long-awaited execution scheme for national power plan

The Vietnamese government has approved the long-awaited implementation scheme of the eighth National Power Development Plan (PDP8) for 2021-2030, with a vision to 2050, which was passed last May, envisioning rising electricity imports from Laos.

Energy - Tue, April 2, 2024 | 9:39 am GTM+7

Japan’s Mitsui to invest $740 mln in Vietnam gas field

Japan’s Mitsui to invest $740 mln in Vietnam gas field

Tokyo-headquartered Mitsui & Co. has finalized an investment decision to develop a gas field 330 kilometers off Vietnam’s southern coast, with its share of development costs estimated at $740 million.

Energy - Mon, April 1, 2024 | 5:11 pm GTM+7