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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 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 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.
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 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 15, 2023
Vietnam’s GSM starts pure EV taxi service in Laos
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.
November 14, 2023
EVN increases average retail electricity price again
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.
