Indonesia affirms role as global geothermal hub
Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia has affirmed that Indonesia now possesses the world’s second-largest geothermal capacity, after the U.S., thereby positioning itself as one of the leading global centers of clean energy.
Indonesia's oldest geothermal power plant in West Java. Photo courtesy of Jakarta Post.
Addressing the 11th Indonesia International Geothermal Convention and Exhibition (IIGCE) 2025, Lahadalia said Indonesia’s installed geothermal capacity stands at 2,744 MW, while the U.S. leads with 3,937 MW. The archipelago’s total geothermal potential and reserves are estimated at 23,742 MW.
Given this strategic advantage, Lahadalia said Indonesia is open to collaboration with international partners to promote the shift toward renewable energy.
He welcomed opportunities to exchange technology, expertise, and best practices to drive the clean energy revolution for a stronger economy and a sustainable future.
Director general of New, Renewable Energy, and Energy Conservation Eniya Listiani Dewi noted that the government has developed a full policy package to speed up geothermal development.
Meanwhile, chairman of the Indonesian Geothermal Association (INAGA) Julfi Hadi highlighted geothermal energy’s reliability, calling it the only renewable source capable of operating continuously with a capacity factor exceeding 90%. This makes geothermal the backbone of a sustainable energy system, he said.
Held at Jakarta Convention Centre (JCC) Senayan, IIGCE 2025 also marked the launch of the Indonesia Geothermal Excellence Centre. The event featured over 150 companies, international investment forums, and delegates from 22 countries.
- Read More
PV Gas green-lighted to build $1 bln LNG terminal in north-central Vietnam
The Ha Tinh province People’s Committee has given in-principle approval to the North Central LNG Terminal project, with PV Gas, a subsidiary of state-owned giant Petrovietnam, as investor.
Energy - Tue, September 23, 2025 | 8:08 am GMT+7
LG Innotek completes expansion of camera module plant in northern Vietnam
LG Innotek, a materials and components unit of South Korea’s LG Group, said on Sunday that it has completed the expansion of its camera module plant in Vietnam.
Companies - Mon, September 22, 2025 | 9:27 pm GMT+7
Chinese firm impressed with Vietnam’s investment environment
After over a year of operations in Vietnam, China Design Group Co. Ltd. (Huatie) has hailed the country’s business environment as “well beyond initial expectations”, noting that Vietnam’s socio-economic development is just five years behind China, instead of 15 years as earlier estimated.
Companies - Mon, September 22, 2025 | 9:21 pm GMT+7
Indonesia pushes local currency trade in ASEAN
Bank Indonesia (BI) has announced that it had continued expanding the use of local currencies in cross-border transactions with other member states of the Association of Southeast Asian Nations (ASEAN), reaching a value of $14.1 billion in the year to July, up 112% year-on-year.
Southeast Asia - Mon, September 22, 2025 | 9:17 pm GMT+7
Thailand issues new regulation on corn imports for animal feed
Thailand will ban imports of animal-feed corn produced from agricultural burning, a move that could help reduce worsening cross-border pollution while paving the way for purchases from the U.S.
Southeast Asia - Mon, September 22, 2025 | 9:14 pm GMT+7
Vietnam PM demands probe into sky-high apartment prices
Prime Minister Pham Minh Chinh has pressed for answers on why apartment prices remain persistently high and ordered clarification on whether real estate market manipulation, including hoarding, price rigging, and speculative practices, has occurred.
Real Estate - Mon, September 22, 2025 | 9:10 pm GMT+7
Formalizing Vietnam’s digital assets markets
Vietnam is laying the groundwork for a digital economy that extends well beyond the trading of cryptocurrencies and into integrating digital assets into the country’s markets and services, write chief economist Michael Kokalari and senior economics analyst Thai Viet Trinh at VinaCapital.
Consulting - Mon, September 22, 2025 | 5:44 pm GMT+7
US retail giant Costco eyes deeper partnerships with Vietnamese suppliers
Costco, one of the largest retail corporations in the United States, is looking to significantly expand its collaboration with Vietnamese suppliers, with the potential value of imports exceeding $1 billion annually.
Economy - Mon, September 22, 2025 | 4:35 pm GMT+7
Kinh Bac to develop its 4th industrial park in northern Vietnam province Bac Ninh
Vietnamese major developer Kinh Bac City Development Holding Corporation (HoSE: KBC) will build the Que Vo Expansion 2 Industrial Park worth nearly VND1.88 trillion ($71.2 million) in Bac Ninh, its fourth in the northern province.
Industrial real estate - Mon, September 22, 2025 | 4:18 pm GMT+7
Vingroup forms new company for humanoid robot production
Vietnam’s leading private conglomerate Vingroup (HoSE: VIC) will contribute capital to establish VinDynamics, a Hanoi-based firm focused on R&D and application of humanoid robots, with 51% ownership out of the VND500 billion ($18.94 million) in chartered capital.
Industries - Mon, September 22, 2025 | 2:15 pm GMT+7
Boeing aims to strengthen ties with Vietnamese partners
Boeing Commercial Airplanes, a division of the U.S.-based Boeing Company, has reaffirmed its commitment to working closely with Vietnamese airlines as part of its efforts to deepen long-term cooperation with Vietnamese partners.
Companies - Mon, September 22, 2025 | 1:29 pm GMT+7
$1.99 bln LNG power plant in central Vietnam to break ground late this year
The Quang Trach II LNG-fired power plant in central Vietnam, with an investment of VND52.49 trillion ($1.99 billion), is slated to break ground by the end of this year and generate 9 billion kWh of electricity.
Infrastructure - Mon, September 22, 2025 | 12:15 pm GMT+7
PV Power to launch 1st capital raise since 2018 to fund LNG expansion
PV Power, a subsidiary of state-owned giant Petrovietnam, is preparing for its first capital hike since going public in 2018, boosting its charter capital by nearly 30% to fund two landmark LNG power projects.
Companies - Mon, September 22, 2025 | 9:27 am GMT+7
Vingroup to build facilities worth $811 mln for EV component suppliers in central Vietnam
Vinhomes Ha Tinh Industrial Park JSC, a subsidiary of Vietnam’s leading private conglomerate Vingroup (HoSE:VIC), will build factories for lease serving the electric vehicle (EV) supply sector at the Vung Ang Economic Zone, Ha Tinh province.
Industrial real estate - Mon, September 22, 2025 | 8:42 am GMT+7
HCMC plans to break ground on 9 metro lines in late 2027
Ho Chi Minh City is aiming to simultaneously break ground on nine urban metro lines by the end of 2027, with a total investment reaching $44 billion.
Infrastructure - Sun, September 21, 2025 | 9:14 pm GMT+7
Philippine central bank tightens rules on large cash transactions
The Philippine central bank (BSP) has tightened regulations on large-value cash transactions to curb money laundering, as the Government investigates alleged corruption in infrastructure projects.
Southeast Asia - Sun, September 21, 2025 | 2:56 pm GMT+7
