News

Ecovance Vietnam, the subsidiary of SKC Group from South Korea invested approximately $100 million in May to produce biodegradable plastic PBAT (Polybutylene Adipate Terephthalate) in the Dinh Vu Industrial Zone in Hai Phong City,

To embrace the green building transformation trend, Keppel, Singapore's largest multinational corporation, signed a Memorandum of Understanding (MOU) with Vietnamese concrete company FiCO Pan-United and construction firm Coteccons in early May.

After Vietnam's nationwide electricity usage hit a record high in late April, the local government is concerned about a potential recurrence of power shortages. Authorities have requested businesses and enterprises to implement power-saving measures, incl

Since 2015, Vietnam has been the leading producer and consumer of finished steel products in the ASEAN region. However, with the European Union's imminent imposition of carbon tariffs, local industry players admit that it is "impossible" for the country's

To attract foreign investment in industries such as semiconductors, Vietnam has not only offered tax reductions but also promised sufficient power supply and infrastructure to avoid a recurrence of last year's power shortage crisis.

Danish jewelry manufacturer Pandora is set to commence construction of its inaugural factory in Vietnam on May 16, with an estimated worth of US$150 million.

Localities throughout Vietnam are undertaking activities to develop the carbon credit market.

Vietnamese Prime Minister Pham Minh Chinh recently issued a directive emphasizing the urgent need to establish a carbon credit management mechanism, which aims to help local businesses better grasp the carbon market and meet the Nationally Determined Cont

Chinese tech giant Alibaba plans to construct a data center in Vietnam to comply with local regulations. However, data centers considered high-energy-consuming industries drawing attention on energy efficiency and carbon emission reduction.

Vietnamese government proposed to amend and supplement the "Regulations on reduction of greenhouse gas (GHG) emissions and protection of the ozone layer". There is significant attention regarding details of GHG inventory and emission quota allocation.