Vietnam short of data centers despite investment rush

Vietnam short of data centers despite investment rush

An investment rush by major Vietnamese firms including telecom giant VNPT and tech giant FPT has not been able to meet the demand for data centers in the country, market observers say.

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

Vietnam approves $11.4 bln fuel storage development plan

Vietnam approves $11.4 bln fuel storage development plan

The Vietnamese government has approved a master plan to develop the national oil and gas storage system by 2030 with an estimated investment of VND270 trillion ($11.42 billion).

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

Vietnam joins Asia to supply round-the-clock renewable energy

Vietnam joins Asia to supply round-the-clock renewable energy

Vietnam has joined Asia’s plans to increase the development of battery energy storage systems (BESS) to ensure supplies of round-the-clock renewable energy towards carbon neutrality.

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

Major fuel storage facility opens in Mekong Delta, imports condensate 

Major fuel storage facility opens in Mekong Delta, imports condensate 

NSH Petro launched the first phase of its Soai Rap-Hiep Phuoc fuel storage depot project in Tien Giang province on Thursday, receiving its first 8,666 tons of imported condensate as a material to make petrol products.

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

Major Mekong Delta fuel supplier about to open storage facility

Major Mekong Delta fuel supplier about to open storage facility

NSH Petro JSC, a major fuel supplier based in Vietnam’s Mekong Delta, is set to inaugurate the first phase of its Soai Rap-Hiep Phuoc fuel storage depot in Tien Giang province on April 30.

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

New ADB partnership prioritizes Vietnam energy storage efforts, Indonesia coal phase-out

New ADB partnership prioritizes Vietnam energy storage efforts, Indonesia coal phase-out

Vietnam’s energy storage initiatives will benefit from a new $35 million capital fund from the Asian Development Bank (ADB) and non-profit Global Energy Alliance for People and Planet (GEAPP).

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

Vietnam’s energy transition requires industry-wide collaboration: YCP Solidiance

Vietnam’s energy transition requires industry-wide collaboration: YCP Solidiance

Vietnam’s efforts to drive its renewable energy development are gaining momentum but big challenges are along the way, requiring better collaboration between key players, according to a new report by YCP Solidiance.

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

Growatt opens first solar inverter plant in Vietnam

Growatt opens first solar inverter plant in Vietnam

Growatt, a world-leading provider of solar energy solutions, has inaugurated its first Vietnam plant, manufacturing solar and storage inverters, and storage batteries.

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

Companies in Vietnam obliged to store user data locally

Companies in Vietnam obliged to store user data locally

In its latest cybersecurity move, the Vietnamese government will require technology firms to store their Internet user data and establish local offices within the country.

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

Work begins on new petrol port in Mekong Delta province

Work begins on new petrol port in Mekong Delta province

The NSH Petro JSC is building a VND350 billion ($15 million) petroleum storage and port project in the Mekong Delta province of Tra Vinh.

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