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Vietnam

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
December 12, 2023

Vietnam shaping 2 renewable energy industrial and service centers

As the Ministry of Industry and Trade (MOIT) in Vietnam proposes the latest development direction to the Prime Minister, anticipates establishing two cross-regional RE industrial and service centers located in the Northern and South Central to Southern ar
December 06, 2023

MOIT presents draft of electricity pricing for charging station

Vietnamese Ministry of Industry and Trade (MOIT) has proposed a draft of retail electricity pricing with 3 different approaches for calculating electricity tariffs for electric vehicle (EV) charging stations.
December 01, 2023

Vietnam has 305 green buildings but still lacks mandatory regulations

Vietnam has a total of 305 green buildings with a combined certified construction area of nearly 7.5 million square meters by September 30, 2023, according to Nguyen Cong Thinh, Vice General Director of the Department of Science, Technology and Environmen
November 29, 2023

Japan’s Marubeni intends to replace Ørsted in operating Vietnam's offshore wind power

Japan's Marubeni has expressed to replace Ørsted by collaborating with Vietnam's T&T Group to develop offshore wind power projects in Thai Binh, a province of northern Vietnam.
November 27, 2023

Vietnam contributes 69% of ASEAN renewable energy generation

Vietnam accounted for 69% of ASEAN’s solar and wind generation in 2022 and was the region’s main driver in renewable energy development in recent years, according to a report by U.K.-based energy think tank Ember.
November 23, 2023

HCMC invest 2.5T in installing rooftop solar on public buildings

To alleviate carbon emissions, Ho Chi Minh City plans to invest 2.5 trillion VND (over $100 million) in installing rooftop solar PV systems on public agency buildings.
November 21, 2023

EVN's electricity prices raised again, steel and cement industries fell into dilemma

Vietnam has increased electricity prices twice within a year to improve the cash flow and repay ability of EVN, which has a positive impact on the whole power sector. However, the production costs of steel and cement have risen as well.
November 16, 2023

Opportunities and challenges of green transportation in Vietnam

To fulfill the commitment at COP26 which is to achieve net-zero emissions by 2050, Vietnam is prioritizing "greening" efforts to both land and sea transport with new business opportunities and challenges as well.

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