News

Less than a month after the Vietnamese government issued the new Electricity Law, it has introduced five draft decrees for public consultation, with one focusing on the Direct Power Purchase Agreement (DPPA) mechanism.

Vietnam leads Southeast Asia in solar power generation, and the government has actively set policies to promote renewable energy. However, the International Energy Agency (IEA) forecasts that Vietnam's coal imports will surpass Taiwan in 2024.

Vietnam's renewable energy sector is booming, and Japanese companies operating locally are noticing the shift.

Vietnam's National Assembly has approved the revival of nuclear power, with plans to develop nuclear energy to expand the use of low-carbon energy and achieve the national net-zero target by 2050.

Vietnam is home to areas known as "craft villages," where plastic waste is processed. However, research indicates that only one-third of the imported plastic waste is recycled, with the majority ending up in landfills.

The Vietnamese government’s recent decree promotes self-consumption rooftop solar power, but unclear regulations complicate the application process for investors.

The Ministry of Industry and Trade (MoIT) of Vietnam recently proposed a draft revision of the Electricity Law, which is expected to attract investments ranging from $70 to $80 billion USD.

Japan and Vietnam have deepened their cooperation based on Joint Crediting Mechanism (JCM) and issued carbon credits for nine new projects by the end of October.

Vietnam's tourism sector is actively promoting low-carbon travel, with local travel agencies introducing green itineraries aimed at minimizing carbon emissions generated by tourists.

As landfills struggle to cope, Vietnam is turning to waste-to-energy plants as a potential solution – but could they introduce new challenges?