News

Vietnam-based electric vehicle maker VinFast, which is deemed as Tesla's rival, is set to aquire a 99.8% stake in battery maker VinES from its founder Pham Nhat Vuong to ramp up its integration in the production value chain and competitive advantage.

The EVN the JERA signed a MOU on cooperation towards decarbonization with ammonia and hydrogen co-burning technology. Vietnam will not develop coal power plants after 2030. However, the increased power consumption makes this Vietnam's biggest power compa

Chinese solar panel maker Trina Solar is planning to build its third factory in Vietnam, which set to begin production in 2025.

Several Southeast Asian countries have expressed interest in purchasing Vietnam's renewable energy. Therefore, some have urged the government to establish a legal framework for energy trading.

Solarvest said it has acquired rooftop solar projects totaling 12.8 MWp in Vietnam, with another 100 MWp being tendered in the country.

LEGO said its new $1 billion plant in Vietnam will begin operations in the second half of 2024. This will be LEGO’s first carbon-neutral factory, powered by solar energy.

VinFast, Vietnam's first electric car brand, experienced a 700% stock price surge in the US, making it the world's third largest car manufacturer. Now the brand is aiming for global market amid the rise of the EV.

Coro Energy, an UK-based and Southeast Asia-focused energy company, announced on Monday that it has inked a 25-year power purchase agreement (PPA) with Phong Phu, a Vietnamese textiles producer.