EU disburses $23.6 mln to support Vietnam’s clean energy transition

EU disburses $23.6 mln to support Vietnam’s clean energy transition

The European Union (EU) has released EUR22 million ($23.6 million) of budget support to the Vietnamese government in the framework of the EU-Vietnam Sustainable Energy Transition Program (SETP).

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

European Investment Bank to finance Vietnam $530 mln for energy transition

European Investment Bank to finance Vietnam $530 mln for energy transition

The European Investment Bank (EIB) has signed an agreement to finance Vietnam's implementation of the $15.5-billion Just Energy Transition Partnership (JETP) in the country.

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

Vietnam has chance to lead in hydrogen, ammonia technology application: expert

Vietnam has chance to lead in hydrogen, ammonia technology application: expert

Advanced countries are devoting a lot of effort, intelligence and funds to green hydrogen/ammonia. If Vietnam catches up with the trend, the country may become one of the first to apply this technology, said Dr. Nguyen Duc Kien, former head of the Prime Minister’s economic advisory group.

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

Asean+3 ought to reinvent climate finance for the Asian century

Asean+3 ought to reinvent climate finance for the Asian century

To achieve carbon neutrality, Asean+3 countries must overhaul their economic strategies, which will almost certainly mean a period of slower growth. By mobilizing public and private climate finance, however, policymakers could mitigate the transition’s impact and create a greener and more resilient continent, write Masyita Crystallin and Marthe Hinojales.

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

Vietnam business opportunities aplenty in ascendant SEAsia: HSBC exec

Vietnam business opportunities aplenty in ascendant SEAsia: HSBC exec

Southeast Asia remains the world’s growth engine, and as an important economy in the region, Vietnam offers a lot of business opportunities in key areas, said HSBC Asia-Pacific’s Commercial Banking head for South and Southeast Asia, Amanda Murphy.

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

Royal HaskoningDHV focuses on renewable energy development in Vietnam

Royal HaskoningDHV focuses on renewable energy development in Vietnam

Dutch engineering consultancy firm Royal HaskoningDHV is expecting a massive investment increase in renewable energy in Vietnam, and plans to focus on the sector.

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

French Development Agency mulls over more funding for Vietnam Electricity

French Development Agency mulls over more funding for Vietnam Electricity

The French Development Agency (AFD) is considering new soft loans for state utility Vietnam Electricity to support the country’s carbon neutrality goal by 2050, said AFD chairman Philippe Le Houerou.

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

Asia needs clearer standards, less complexity, for green projects to accelerate net-zero transition

Asia needs clearer standards, less complexity, for green projects to accelerate net-zero transition

David Liao, co-chief executive, Asia Pacific at HSBC, explains what Asia including Vietnam is supposed to do to lure investors who embrace environmental, social, and corporate governance (ESG) issues.

Consulting - 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

Powering faster energy transition

Powering faster energy transition

Christian Deseglise, HSBC’s Group head of sustainable infrastructure and innovation, leads the bank’s global efforts in Just Energy Transition Partnerships, or JETPs, with Indonesia and Vietnam. He explains why they are powerful tools for decarbonization.

Consulting - 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

Vietnam PM meets with Standard Chartered executives in Singapore

Vietnam PM meets with Standard Chartered executives in Singapore

Prime Minister Pham Minh Chinh called for soft loans from Standard Chartered for green and renewable energy projects in Vietnam while meeting with leaders of the British bank in Singapore on Thursday.

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

HCMC office market set to become tenant-favorable in 2023

HCMC office market set to become tenant-favorable in 2023

Ho Chi Minh City’s office market is likely to witness a transition from a landlord-favorable to a tenant-favorable sector in the new year, according to data released Friday by Knight Frank Vietnam.

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

Quang Binh seeks to shift 1.2 GW coal-fired plant to LNG

Quang Binh seeks to shift 1.2 GW coal-fired plant to LNG

Authorities in the central province of Quang Binh are accelerating procedures to turn a 1.2 gigawatt coal-fired power project into using liquefied natural gas (LNG) to match Vietnam’s cleaner energy transition.

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

Word Bank urges Vietnam to adopt low-carbon rice to cut emissions

Word Bank urges Vietnam to adopt low-carbon rice to cut emissions

Transitioning to low-carbon rice production offers the highest potential for Vietnam to meet its goal of reducing methane emissions by 30% by 2030 while boosting the competitiveness of this significant export item, a new World Bank study says.

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