News
Vietnam
August 16, 2024
Vietnamese agri-trade firm lands $25 million to boost sustainable coffee supply chain
On August 15th, Phuc Sinh Corp., a Vietnamese agricultural product trading company, announced that it has received a green investment of up to $25 million from the Dutch & Green Fund. This marks the first time a Vietnamese company has achieved such a mile
August 06, 2024
PepsiCo invests $400 million in sustainable new factories in Vietnam
PepsiCo, the American snack and beverage giant with a 30-year presence in Vietnam, is expanding its operations with a $400 million investment in new factories located in Ha Nam and Long An province.
July 26, 2024
Vietnam’s state-owned enterprises set to pilot offshore wind development
The Vietnamese government is attempting to overcome the stagnation in offshore wind power development. The Ministry of Industry and Trade (MOIT) has recently released a pilot development report, recommending that state-owned enterprises take the lead.
July 17, 2024
Vietnam's DPPA faces challenges despite positive green energy, data center outlook
Vietnam has approved DPPA, opening up a new era of green energy liberalization and new investment opportunities. However, the implementation of the DPPA still has several challenges to address, divided into regulatory, cost, and technical issues.
July 08, 2024
Vietnam adopts waste-to-energy solutions to tackle waste problem
Vietnam generates nearly 70,000 tons of waste daily, with over 70% sent to landfills. Waste-to-energy plants, which provide electricity during waste processing, are considered a solution to balance environmental concerns with economic development.
July 04, 2024
Vietnam's direct power purchase agreement marks green energy milestone
The Vietnamese government officially passed the "Direct Power Purchase Agreement" (DPPA) on the 3rd, allowing large electricity consumers to procure green energy directly from the national grid or independent grids, bypassing Vietnam Electricity (EVN).
July 04, 2024
Vietnam liberalizes direct purchase of green electricity by enterprises
To attract more renewable energy investments and meet the industry's demand for clean energy,Vietnam government officially passed the “direct power purchase agreement" (DPPA) on the 3rd.
June 13, 2024
PwC suggests three strategies for businesses facing Vietnam's net-zero hurdles
Despite clear policies, rising electricity demand and environmental disasters like droughts have pushed Vietnam to expand coal power. PwC suggests Vietnamese companies to create energy transition plans and strategies to tackle global climate change.
June 05, 2024
Vietnam eyes advanced technology to boost rare earth production, EV industry
The rare earth elements used in making EVs and wind turbines are vital to renewable energy technology. Vietnam boasts abundant rare earth resources but suffers from a lack of advanced technology, leading to a continued decline in extraction volumes.
June 04, 2024
Why is Vietnam stuck in power shortages, and how are they dealing with them?
The power shortage crisis in northern Vietnam last year is still vivid. With the expectation of electricity demand surge, Vietnam Electricity (EVN) has implemented various measures to manage power distribution and alleviate the pressure on supply.