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

Vietnam needs private sector, foreign investment to finance power development: report

Vietnam needs private sector, foreign investment to finance power development: report

Vietnam’s banking system is unable to finance the huge development needs of the country’s energy industry, thus it is imperative to look to the private sector and green finance sources, financial data platform FiinRatings says in a report.

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

Vietnam to use state funds for offshore wind power surveys

Vietnam to use state funds for offshore wind power surveys

The Ministry of Industry and Trade will lead a multi-agency task force to develop a state funded pilot project for surveying and selecting investors for offshore wind power projects, aiming to accelerate exploitation of this abundant energy.

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

Special mechanisms needed for offshore wind, LNG-to-power projects in Vietnam

Special mechanisms needed for offshore wind, LNG-to-power projects in Vietnam

Vietnam’s Ministry of Industry and Trade has supported a request from developers of offshore wind power and LNG-to-power projects for special incentives as the country seeks to speed up its energy transition.

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

Vietnam PM to attend COP28, visit Turkey

Vietnam PM to attend COP28, visit Turkey

Vietnamese Prime Minister Pham Minh Chinh, his spouse, and a high-ranking delegation will attend the 28th UN Climate Change Conference of the Parties (COP28) and pay an official visit to Turkey from November 29 to December 3.

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

Vietnam lacks legal framework to incentivize rooftop solar energy for self-consumption: ministry

Vietnam lacks legal framework to incentivize rooftop solar energy for self-consumption: ministry

The Ministry of Industry and Trade says rooftop photovoltaic solar power works meant for self-consumption only are yet to be incentivized because a relevant legal framework does not exist.

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

Vietnam's new power development plan: Showing the path to a green future?

Vietnam's new power development plan: Showing the path to a green future?

With Vietnam's commitment to achieve net-zero carbon emissions by 2050 and the global energy transition, the country's power sector is on the cusp of significant change. Freshfields Bruckhaus Deringer Vietnam lawyers Anthony Ong, Dan Nguyen and Chris Milliken analyze the highlights in the newly-approved National Power Development Plan (PDP8) and key issues that remain to be resolved to achieve the ambitious goals of the plan.

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

Quang Tri eyes new 1GW offshore wind farm

Quang Tri eyes new 1GW offshore wind farm

Quang Tri province, which is seeking to become an energy hub in central Vietnam by 2030, has proposed a 1-gigawatt offshore wind power project to be added to the country’s latest power development plan (PDP VIII).

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

Vietnam among 8 floating offshore wind farm hotspots in Asia Pacific

Vietnam among 8 floating offshore wind farm hotspots in Asia Pacific

A new study has named 54 markets globally, including Vietnam in the Asia-Pacific top eight, that show huge potential for floating offshore wind power development.

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

Wind turbine maker Vestas labels Vietnam key market

Wind turbine maker Vestas labels Vietnam key market

Vestas, the world's largest wind turbine manufacturer, considers Vietnam one of the Danish giant’s significant markets worldwide, its president and CEO said.

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