Finalization of green taxonomy 'a matter of urgency'

Finalization of green taxonomy 'a matter of urgency'

Vietnam's Ministry of Natural Resources and Environment (MoNRE) has tasked its Institute of Strategy and Policy on Natural Resources and Environment to draft a green taxonomy. The Investor talked with Assoc. Prof. Dr. Nguyen Dinh Tho, head of the institute, to take a deep dive into green finance development in Vietnam and the green taxonomy.

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

Standard Chartered sees further investment potential in 'green' Vietnam

Standard Chartered sees further investment potential in 'green' Vietnam

Leading global bank Standard Chartered sees Vietnam as a significant market to invest in and this long-term investment aligns with its business commitments and strategies. Standard Chartered Bank Vietnam CEO Michele Wee talks with The Investor.

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

Vietnam solar energy costs 'lowest' in Southeast Asia

Vietnam solar energy costs 'lowest' in Southeast Asia

Vietnam has the lowest “levelized” cost of solar energy in Southeast Asia, the International Renewable Energy Agency (IRENA) says in its latest major energy-transition publication.

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

PV Power scores $64 mln Vietcombank credit pact for LNG-to-power project

PV Power scores $64 mln Vietcombank credit pact for LNG-to-power project

Vietcombank, one of Vietnam’s “Big-4” lenders, has signed a credit contract to provide Petrovietnam’s electricity arm PV Power with VND1,500 billion ($64 million) for the development of two major LNG-to-power plants in southern Vietnam.

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

Orsted steps up groundwork for $13.6 bln offshore wind plant

Orsted steps up groundwork for $13.6 bln offshore wind plant

Danish wind power giant Orsted is speeding up preparations to build a 3,900-megawatt offshore wind power plant in the northern port city of Hai Phong.

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

BayWa r.e. wind farms to fuel Vietnam’s renewables drive

BayWa r.e. wind farms to fuel Vietnam’s renewables drive

Global renewable energy developer BayWa r.e. has kick-started preparation to build three wind power projects in Vietnam, Southeast Asia’s leader in developing renewables.

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

USAID inaugurates $36 mln clean energy project in Vietnam

USAID inaugurates $36 mln clean energy project in Vietnam

The U.S. Agency for International Development (USAID) has launched a $36 million project designed to promote the use of clean energy in Vietnam.

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

Sembcorp eyes floating solar farm expansion in Vietnam

Sembcorp eyes floating solar farm expansion in Vietnam

Asian energy and urban development major Sembcorp Industries is looking for more opportunities to build floating solar systems in Vietnam, which seeks carbon neutrality by 2050.

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

Private firm to build Vietnam’s first hydrogen plant with $840 mln

Private firm to build Vietnam’s first hydrogen plant with $840 mln

TGS Green Hydrogen plans to commence construction on its $840 million green hydrogen plant next month, making it Vietnam's first hydrogen project in the country’s transition to cleaner energy for its net-zero goal by 2050.

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

IFC scales up support for Vietnam’s low-carbon economic growth

IFC scales up support for Vietnam’s low-carbon economic growth

The World Bank’s investment arm International Finance Corporation (IFC) is ramping up support for the Vietnamese government to bolster sustainable finance and spur private sector participation, backing the country's climate adaption goals and driving sustainable growth.

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

Global energy majors stoke Vietnam renewables market

Global energy majors stoke Vietnam renewables market

Vietnam has become a hot spot on the global renewables map as major developers rush to its fast-developing and power-thirsty economy, which is looking to net-zero carbon emissions by 2050.

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

Coal-fired power to compose third of Vietnam electricity capacity by 2030

Coal-fired power to compose third of Vietnam electricity capacity by 2030

The government is expected to put Vietnam’s electricity generation capacity at 146,000 megawatts by 2030, of which 25.7% is coal-fired power.

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