News

Vietnamese telecommunications firm Viettel has announced the opening of a data center in Hoa Lac Tech Park, Hanoi. The company said the Hoa Lac Data Center has over 2,400 racks across 21,000 square meters of floor space, with a total capacity of 30 MW.

Vietnam has great potential for wind energy with the experts call on the government to expedite the development of the Can Gio Offshore Wind project. The project presents an opportunity for Ho Chi Minh City to become the first Net Zero City in Vietnam.

Vietnam issued the latest electricity pricing mechanism on March 26, deciding to shorten the price adjustment period. The Electricity Regulatory Authority of Vietnam of the Ministry of Industry and Trade stated that this move aims to align with market.

Vietnam’s carbon offset amount is beyond expectation. The government plans to sell the remaining 4.91 million of carbon credits with the help of World Bank in finding potential buyers or piloting auctions on international platforms.

The U.S. has signed a $500 million deal to promote green exports to Vietnam, the source of the country's third-largest trade deficit and a quickly rising manufacturing alternative to China.

On the 13th, Vietnamese Deputy Prime Minister Tran Hong Ha met with Anders Runevad, chair of the board of Vestas Group, and warmly welcomed more Danish businesses to invest in and share their experience and technology to accelerate Vietnam's energy transi

Vietnam's National Power Development Plan 8 places "flexible power resources" on the national energy structure for the first time. The market potential attracting investment from Finnish major developer, Wartsila.

FPT Group has announced its cooperation with Carbon EX, a Japanese carbon credit trading platform, to develop carbon market in Vietnam and establish carbon credits that meet international standards and provide solutions for green transformation.

The number of green buildings in Vietnam has significantly increased. According to International Finance Corporation, by the end of 2023, Vietnam had 396 buildings that obtained green certification, with a total Gross Floor Area of 104.7 million sq ft.

Adani Group continues to deepen its collaboration with Vietnam's power generator. Sudipta Bhattacharya, Chief Technology Officer and CEO of Adani Group, visited EVN on Jan. 31, to discuss enhancing cooperation opportunities in energy sector.