News

GSM, a ride-hailing firm founded by the owner of Vietnam’s EV maker VinFast, has launched its electric taxi service this month in Vientiane, Laos, to promote green mobility in Southeast Asia.

Vietnam Electricity (EVN) has announced an adjustment in the average retail electricity prices by 4.5% from Nov. 9. After four years of frozen increases, electricity prices in Vietnam have been adjusted twice this year.

In recent years, there has been a significant surge in demand for green loans in Vietnam. Many banks are not only allocating their capital for green and sustainable development projects but also seeking support from foreign Development Finance Institution

As carbon taxes and credits become more prevalent across global markets, Vietnam is seeking ways to demonstrate its responsibility in decarbonization and help local businesses adapt to change.

Solar panels are poised to cover rooftops across Vietnam now that Southeast Asia's top generator of solar energy and a major manufacturer of PV cells, targets 50% of homes and offices to have panels by 2030. This is also to strengthen the power supply.

EVN expects the cost of electricity production of 2023 is still higher than retail price by 9.3% although fuel prices lowered for the past few months.

South Korea’s SK Group will reinforce its partnership with the Vietnamese government to boost eco-friendly business in areas ranging from carbon capture to waste recycling, solar and wind power.

Group of Seven (G7) members finalized the $15.5 billion pledge to help Vietnam reach net-zero emissions by 2050, among which offer more than 300 million, accounting for 2% of a total package which made up mostly of costly loans that Hanoi has been relucta

Vietnam is pursuing electricity imports from neighboring countries in response to concerns about power shortage concerns for the near future. Vietnam Electricity (EVN) began the construction of the Monsoon - Thanh My 500kV transmission line project on Sep

Coro Energy announced a new sustainable energy venture by signing a MoU with Vietnam’s Mobile World Investment Corporation to launch rooftop solar projects across the country.