News
Vietnam
January 17, 2024
Indonesia's president visits Vietnam's EV maker Vinfast, says conditions ready for new plant
Indonesian President Joko Widodo visited Vietnam’s automaker VinFast’s factory on Jan 13 and said that he would create the necessary conditions for the EV maker to be able to quickly build a plant and invest in Indonesia.
January 15, 2024
2023 is the most difficult year for Vietnamese textile: Vinatex
Affected by the slowdown in global growth, Vietnam's leading textile enterprise, the Vinatex, admitted that 2023 was the most challenging year. However, the market in 2024 is expected to gradually recover, and more emphasis on green transformation.
January 12, 2024
Farmers ambivalent over Vietnam’s low-carbon rice programme
A World Bank-backed project has been criticised by rice farmers for high costs and poor returns. Can its proposed second phase salvage things?
January 10, 2024
China & Taiwan enterprises shift focus to Vietnam in electronic components, green energy
Global economic growth has slowed down, and Vietnam is no exception. Despite this, there are bright spots in public investment and Foreign Direct Investment (FDI) projects; capital from China, Hong Kong, and Taiwan has flowed back into 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.