News
Regulation
July 26, 2024
Vietnam’s state-owned enterprises set to pilot offshore wind development
The Vietnamese government is attempting to overcome the stagnation in offshore wind power development. The Ministry of Industry and Trade (MOIT) has recently released a pilot development report, recommending that state-owned enterprises take the lead.
July 04, 2024
Vietnam's direct power purchase agreement marks green energy milestone
The Vietnamese government officially passed the "Direct Power Purchase Agreement" (DPPA) on the 3rd, allowing large electricity consumers to procure green energy directly from the national grid or independent grids, bypassing Vietnam Electricity (EVN).
July 04, 2024
Vietnam liberalizes direct purchase of green electricity by enterprises
To attract more renewable energy investments and meet the industry's demand for clean energy,Vietnam government officially passed the “direct power purchase agreement" (DPPA) on the 3rd.
June 05, 2024
Vietnam eyes advanced technology to boost rare earth production, EV industry
The rare earth elements used in making EVs and wind turbines are vital to renewable energy technology. Vietnam boasts abundant rare earth resources but suffers from a lack of advanced technology, leading to a continued decline in extraction volumes.
May 22, 2024
Vietnam urges Apple suppliers to cut power use amid record electricity usage
After Vietnam's nationwide electricity usage hit a record high in late April, the local government is concerned about a potential recurrence of power shortages. Authorities have requested businesses and enterprises to implement power-saving measures, incl
May 15, 2024
Vietnam promises stable power supply to attract chip investments
To attract foreign investment in industries such as semiconductors, Vietnam has not only offered tax reductions but also promised sufficient power supply and infrastructure to avoid a recurrence of last year's power shortage crisis.
May 07, 2024
It’s crucial to build carbon credit management mechanism: Vietnam’s Prime Minister
Vietnamese Prime Minister Pham Minh Chinh recently issued a directive emphasizing the urgent need to establish a carbon credit management mechanism, which aims to help local businesses better grasp the carbon market and meet the Nationally Determined Cont
May 03, 2024
Vietnam’s GHG emission regulations draft emphasizes carbon footprint verification
Vietnamese government proposed to amend and supplement the "Regulations on reduction of greenhouse gas (GHG) emissions and protection of the ozone layer". There is significant attention regarding details of GHG inventory and emission quota allocation.
April 29, 2024
Vietnam may allow businesses to buy green power without EVN’s involvement
Vietnamese Ministry of Industry and Trade (MOIT) has proposed that the government allow manufacturing businesses to buy electricity directly from renewable energy sources, regardless of the involvement of the Vietnam Electricity Corporation (EVN).
April 17, 2024
Vietnam’s major manufacturing city aims to establish first green economic zone
Vietnam’s Haiphong city government focused on sustainable economy with its proposal of “Southern Coastal Economic Zone” (EZ) and aims to become Vietnam's first green economic zone.