News

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.

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.

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.

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

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

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.

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.

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.

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.

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.