News

Vietnam-based electric vehicle maker VinFast, which is deemed as Tesla's rival, is set to aquire a 99.8% stake in battery maker VinES from its founder Pham Nhat Vuong to ramp up its integration in the production value chain and competitive advantage.

The EVN the JERA signed a MOU on cooperation towards decarbonization with ammonia and hydrogen co-burning technology. Vietnam will not develop coal power plants after 2030. However, the increased power consumption makes this Vietnam's biggest power compa

CT Group became the first Vietnamese firm to begin a voluntary carbon emissions exchange in response to global trade policies and to promote a low-carbon emission economy.

Vietnamese government has initiated an investigation that could result in the imposition of anti-dumping duties on wind towers imported from China, following a complaint by domestic producers.

Chinese solar panel maker Trina Solar is planning to build its third factory in Vietnam, which set to begin production in 2025.

Several Southeast Asian countries have expressed interest in purchasing Vietnam's renewable energy. Therefore, some have urged the government to establish a legal framework for energy trading.

Solarvest said it has acquired rooftop solar projects totaling 12.8 MWp in Vietnam, with another 100 MWp being tendered in the country.

The Vietnam Steel Association has announced that Vietnam’s steel industry has targeted to achieve carbon neutrality by 2050 and has started transitioning to a greener model of production.

LEGO said its new $1 billion plant in Vietnam will begin operations in the second half of 2024. This will be LEGO’s first carbon-neutral factory, powered by solar energy.

Vietnam will soon launch a new set of national criteria as the basis for green development. These criteria are specifically aimed at accelerating the development of green industries that comply with international standards.