Japan and Vietnam ink first maritime patrol ship deal as South China Sea row heats up
Japan has signed a ¥36.6 billion ($345 million) loan agreement with Vietnam to provide the Southeast Asian country with six patrol boats to boost its maritime law enforcement capabilities, as Beijing steps up its claims in the South China Sea.
Vietnam’s Solar Industry: Bright Prospects for Investors
In June 2020, Sharp Energy Solutions Corporation (SESJ) completed a mega solar power plant in Ninh Thuan province, which is expected to generate 76,373 megawatt hour (MWh) per year. The plant is the newest addition to SESJ’s five other existing solar power plants in Vietnam.
Vietnam refinery trials Russian Sokol crude oil
The Dung Quat refinery has processed Russian Sokol crude oil on trial basis to diversify resources. The test run was carried out between July 13-18 after the refinery in the central province of Quang Ngai had imported over 71,000 barrels of Sokol crude oil, Binh Son Refining and Petrochemical Joint Stock Company (BSR) stated.
Mekong River Water Levels Hits Record Lows for a Second Year
The Mekong River Commission has urged China and lower Mekong countries to share more data on hydropower dam operations. Because water flow in the Mekong River has hit record low levels for a second consecutive year. A report by the commission attributes the low water level to two years of reduced rainfall and the operations of […]
Contracts awarded to support projects in Vietnam’s emerging offshore wind sector
The Global Wind Energy Council believes offshore wind is “primed to become an optimal source of power for Vietnam’s energy system,” due to its many advantages such as high scalability, predictability, flexibility and low environmental impact. The first offshore windfarm in the Mekong Delta region, the 99-MW Bac Lieu wind power project, came online in 2013. […]
Vietnam, Japan foster cooperation in industry, trade, energy
The meeting was co-chaired by Vietnamese Minister of Industry and Trade Tran Tuan Anh and Japanese Minister of Economy, Trade and Industry Kajiyama Hiroshi. The ministers reiterated the significance of the joint committee in removing difficulties for businesses and promoting cooperation between the two countries, particularly in the context of the COVID-19 pandemic.
Vietnam raises contributions to global effort to respond to climate change
Hanoi (VNA) – The Prime Minister on July 24, 2020 approved Vietnam’s updated Nationally Determined Contribution (NDC). Accordingly, by 2030 Vietnam will reduce 9 percent of its total greenhouse gas emissions compared to the Business-As-Usual Scenario (BAU), equivalent to 83.9 million tons of CO2eq, using its domestic resources. Vietnam’s contribution can be increased up to 27 percent (equivalent to 250.8 million tons […]
Pharos Energy Secures Two-Year License Extension at TGT Field
Pharos Energy, and oil and gas company formerly known as Soco International, has been granted a two-year license extension for the TGT offshore field license in Vietnam. The company said Tuesday the license had been formally granted to the Joint Operating Company’s (JOC) by the Ministry of Industry and Trade in Vietnam.
