New $20 mln funding for Mekong subregion’s clean energy: US Vice President

By Thuy Nguyen
Mon, November 21, 2022 | 9:49 pm GMT+7

U.S. Vice President Kamala Harris announced Sunday $20 million in new funding for clean energy projects in the Mekong subregion, including Vietnam.

A wind power farm of Trung Nam Group in Ninh Thuan province, south-central Vietnam. Photo courtesy of the group.

A wind power farm of Trung Nam Group in Ninh Thuan province, south-central Vietnam. Photo courtesy of the group.

Harris declared the new U.S. support in Thailand’s Bangkok while she was speaking to civil society and business leaders after the close of a 21-member APEC bloc meeting on Saturday.

This new funding will go to the Japan-U.S.-Mekong Power Partnership, or JUMPP, according to the White House.

Through JUMPP, Japan and the U.S. partner with regional nations to promote sustainable energy.

JUMPP supports the Mekong subregion’s pursuit of energy security while encouraging greater regional power flows, clean energy integration, decarbonization, and resilience, the White House stated.

The Mekong subregion is also internationally called the Greater Mekong Subregion, or GMS, which covers China’s Yunnan Province and Guangxi Zhuang Autonomous Region, Cambodia, Laos, Myanmar, Thailand, and Vietnam. It is the trans-national region of the Mekong River basin.

Comments (0)
  • Read More
Property, technology, energy among sectors recording highest M&A activity in Vietnam

Property, technology, energy among sectors recording highest M&A activity in Vietnam

Vietnam’s M&A landscape in July recorded 34 completed transactions with the total disclosed and estimated deal value of $786 million, according to Grant Thornton Vietnam.

Economy - Mon, September 8, 2025 | 3:49 pm GMT+7

Vietnam's Van Thinh Phat-tied firm incurs $14 mln loss in H1 as legal woes persist

Vietnam's Van Thinh Phat-tied firm incurs $14 mln loss in H1 as legal woes persist

Bong Sen Corp, the hotel and property arm of troubled Van Thinh Phat Group, posted a net loss of nearly VND356 billion ($14 million) in the first half of 2025, its filing to the Hanoi Stock Exchange (HNX) showed.

Companies - Mon, September 8, 2025 | 3:24 pm GMT+7

Airport-centric urbanization - Vietnam’s new growth engine

Airport-centric urbanization - Vietnam’s new growth engine

In the past, cities in Vietnam would build airports to meet growing transportation needs, but today, airports themselves are becoming the nucleus around which new urban areas emerge.

Real Estate - Mon, September 8, 2025 | 1:36 pm GMT+7

Vietnam’s 8.3-8.5% growth target for 2025 ‘appropriate’: policy advisory council

Vietnam’s 8.3-8.5% growth target for 2025 ‘appropriate’: policy advisory council

The Vietnamese government’s GDP growth target of 8.3-8.5% for 2025 and double-digit expansion for 2026-2030 is "appropriate" in the context of favorable macroeconomic conditions and structural reforms, according to the Prime Minister’s Policy Advisory Council.

Economy - Mon, September 8, 2025 | 1:03 pm GMT+7

Enertrag SE proposes 55 MW wind power project in northern Vietnam

Enertrag SE proposes 55 MW wind power project in northern Vietnam

The Bac Ninh province People’s Committee is seeking public and ministerial feedback on a 55 MW wind power plant initiated by Enertrag Vietnam Co., Ltd, a subsidiary of German-based global renewables developer Enertrag SE.

Energy - Mon, September 8, 2025 | 11:29 am GMT+7

Southern Vietnam airport project Long Thanh on fast track, test flights set for December

Southern Vietnam airport project Long Thanh on fast track, test flights set for December

Construction of the Long Thanh International Airport in the southern province of Dong Nai is progressing on schedule, with calibration flights for Runway 1 planned for September 25 and a technical test flight expected on December 19.

Infrastructure - Mon, September 8, 2025 | 11:13 am GMT+7

Why Vietnamese agricultural machinery major VEAM shares on sidelines of market rally?

Why Vietnamese agricultural machinery major VEAM shares on sidelines of market rally?

While Vietnam’s stock market has surged in recent months, sending the benchmark VN-Index from around 1,090 points to nearly 1,700, state-controlled VEAM’s stock VEA has remained flat, trading sideways at around VND39,000 ($1.48) per share over the past year.

Companies - Mon, September 8, 2025 | 8:30 am GMT+7

New train helps tourists explore landmarks of Hanoi, Bac Ninh province

New train helps tourists explore landmarks of Hanoi, Bac Ninh province

The Hanoi Train officially began operation on Saturday, offering visitors a new way to explore the capital’s landmarks and travel to Tu Son in Bac Ninh province.

Travel - Sun, September 7, 2025 | 8:20 pm GMT+7

Vietnam’s e-motorbike market enters stage of fierce competition

Vietnam’s e-motorbike market enters stage of fierce competition

Vietnam’s electric motorbike market is entering a new phase of intense competition as domestic and foreign manufacturers are accelerating their expansion, diversify products, and invest heavily in infrastructure.

Companies - Sun, September 7, 2025 | 6:06 pm GMT+7

HCMC fast-tracks rail projects proposed by private conglomerates

HCMC fast-tracks rail projects proposed by private conglomerates

The Ho Chi Minh City People’s Committee has asked municipal agencies to work with major private conglomerates to finalize investment plans for the railway projects they proposed.

Infrastructure - Sun, September 7, 2025 | 1:52 pm GMT+7

Vietnam's Finance Ministry targets 60% public investment disbursement by end-Q3

Vietnam's Finance Ministry targets 60% public investment disbursement by end-Q3

Vietnam’s public investment disbursement reached VND409.17 trillion ($15.49 billion) in the year to August 31, equal to 39.9% of the year's plan and 46.3% of the Prime Minister’s target, the Ministry of Finance (MoF) reported.

Economy - Sun, September 7, 2025 | 10:53 am GMT+7

Vietnam posts nearly $14 bln trade surplus in 8 months

Vietnam posts nearly $14 bln trade surplus in 8 months

Vietnam recorded a trade surplus of $13.99 billion in the first eight months of 2025, according to the General Statistics Office under the Ministry of Finance.

Economy - Sun, September 7, 2025 | 10:41 am GMT+7

S&P upgrades ratings of three Vietnamese banks, citing resilient economy

S&P upgrades ratings of three Vietnamese banks, citing resilient economy

S&P Global Ratings has raised the long-term credit ratings of three major Vietnamese banks, reflecting the stronger resilience of the country’s financial system and continued above-average economic growth.

Banking - Sun, September 7, 2025 | 10:34 am GMT+7

Luong Nguyen Minh Triet appointed top leader of central Vietnam hub Danang

Luong Nguyen Minh Triet appointed top leader of central Vietnam hub Danang

Luong Nguyen Minh Triet, deputy Party chief of Danang and Chairman of the municipal People's Committee, has been appointed the city's Party chief - the highest position in the locality.

Politics - Sun, September 7, 2025 | 9:53 am GMT+7

Sun Group aims to launch $2 bln casino-resort complex in northern Vietnam by 2032

Sun Group aims to launch $2 bln casino-resort complex in northern Vietnam by 2032

Sun Group, one of Vietnam’s leading property developers, targets to complete its VND51.6 trillion ($2 billion) casino and resort complex project in the northern coastal province of Quang Ninh by 2032.

Real Estate - Sun, September 7, 2025 | 8:00 am GMT+7

Vietnam's industrial production on upward trend

Vietnam's industrial production on upward trend

Vietnam's industrial production index continued to rise in the first eight months of the year, with all 34 cities and provinces recording an increase.

Economy - Sat, September 6, 2025 | 10:20 pm GMT+7