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Vietnam

January 09, 2024

EVN pledges no blackout, but power price may rise this year

Vietnam Electricity Group (EVN) held its annual conference on Jan. 2, to review the past year's performances and announce new objectives. The attention was focused on how to resolve the power shortages issue and whether electricity prices will rise again.
January 04, 2024

RATCH Invests in Vietnam hydropower plant, targets 30% renewables by 2030

Thailand-listed company RATCH Group has acquired full ownership of the Minh Luong hydroelectric power plant for $25 million. This move is part of RATCH's ongoing efforts to increase the proportion of renewable energy generation, with the aim of reaching 3
January 04, 2024

Top 10 events of Vietnam's energy industry in 2023

The Scientific Council of Vietnam Energy Magazine announced the Top 10 events of Vietnam’s energy industry in 2023 on January 1, 2024. This list was selected based on independent research, evaluation, and referencing government-related departments, instit
December 29, 2023

Vietnam's renewable energy sprung up, but localization is slow

Experts generally agree that Vietnam leads other ASEAN countries regarding total installed capacity and project development in renewable energy. However, there are concerns about insufficient localization.
December 28, 2023

Vietnam earns more than $41 million from selling forest carbon credits

Vietnam has received more than 41 million U.S. dollars from selling forest carbon credits as part of an emission reduction deal with the World Bank. The money is transferred to localities to pay locals and communities to protect forests.
December 27, 2023

Vietnam has no buildings meet “net-zero” emission criteria yet: official

Vietnam aims to achieve net-zero by 2050 and requires the construction industry to reduce 74.3 million tons of CO2 equivalent. However, officials from MONRE stated no building in Vietnam has been designed, constructed, or managed to meet net-zero.
December 26, 2023

Electric bus route in Ho Chi Ming City faces service halt as losses deepen

Residents in Ho Chi Ming City were disappointed to hear that the D4 electric bus route from Vinhomes Grand Park to Sai Gon Bus Station might come to a stop. The bus service attracts a huge number of passengers as it is convenient and clean.
December 25, 2023

VinFuture Grand Prize 2023 honors 4 green energy scientists

The Grand Prize of the 2023 VinFuture Prize was awarded to 4 scientists, recognizing their innovations and breakthroughs in solar energy and lithium-ion battery research.
December 21, 2023

Vietnam pilots carbon credit exchange from 2025, enterprises may struggle to comply

Vietnam Carbon Credit Exchange is expected to trial from 2025, but the details of the trial phase are still under development, especially regarding policies, legal framework, and human resources for the development are seriously insufficient. It will be d
December 14, 2023

EVN will pay nothing for excess rooftop solar power

MOIT recently released the draft reiterated that self-use solar power cannot be sold externally. It mentioned that EVN would purchase excess power generated by organizations or individuals already connected to the grid at zero cost to control self-generat

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