Vietnam gets much more momentum for solar, wind energy
Mr. Jerome Pecresse, President and CEO of GE Renewable Energy, spoke with Vietnam Economic News’ Nguyen Dao. Rpts: How do you assess Vietnam’s renewable energy development? Can Vietnam catch up with other Southeast Asian countries in terms of renewable energy? Mr. Jerome Pecresse, President and CEO of GE Renewable Energy: Two years ago, there was a very […]
Vietnam encourages renewable energy development
Deputy Prime Minister Trinh Dinh Dung has stated that the Vietnamese government always encourages the development and effective use of renewable energies, towards sustainable socio-economic development. During a reception in Hanoi on August 15 for General Director of Norway’s Scatec Solar company Raymond Carlsen, Deputy PM Dung said with an annual economic growth of nearly […]
HCM City approves 3 waste-to-energy projects
HCM CITY — The HCM City People’s Committee has approved the construction of three plants to generate electricity from waste using advanced technologies, and work on them will start in September and October, according to the city Department of Natural Resources and Environment. Speaking at a press conference on Monday, the department’s director, Nguyễn Toàn Thắng, said the plants are expected […]
New Elevation Measure Shows Climate Change Could Quickly Swamp the Mekong Delta
A stunning 12 million people could be displaced by flooding in Vietnam’s Mekong Delta within half a century, according to new research led by Philip Minderhoud, a geographer at Utrecht University in the Netherlands. Minderhoud and his colleagues arrived at that surprising conclusion after analyzing ground-based measurements of the Mekong’s topography that the Vietnamese government […]
Nuclear power could solve Vietnam’s energy problems
At the forum “Energy Efficiency for Vietnam’s Industry to Develop Sustainably” held by the Ministry of Industry and Trade on August 21, Mr. Nguyen Quan Nguyen, Minister of Science and Technology, spent time speaking about nuclear power in Vietnam. According to Mr. Quan, traditional energy sources have been exhausted and Vietnam is importing more coal […]
Transforming Vietnam into a regional energy powerhouse
Vietnam’s energy sector has seen tremendous growth in the last decade. Generation capacity has grown at approximately 10 per cent each year and the country has achieved 99.2 per cent access to electricity – one of the highest rates in the region. Looking ahead, Vietnam has also pledged its commitment to the Paris Climate Agreement, […]
Vietnam’s renewable energy sector is now PE target
Private equity investor’s interest in Vietnam’s renewable energy sector is increasing as the country seeks private investments in the sector. In 2019, renewable energy has become of the most preferred sector for private equity investment in Vietnam, the third after fintech and the education sectors. It is noteworthy that in 2018, the renewable energy sector […]
Sumitomo begins construction on 1.3GW coal-fired power plant in Vietnam
Sumitomo has started construction of the 1.3GW Van Phong 1 coal-fired power project in the Van Phong Special Economic Zone in Vietnam’s Khanh Hoa Province. The company is involved in the power project through its wholly-owned subsidiary Van Phong Power Company. The coal-fired Van Phong 1 power plant will include two 660MW power-generating units and […]
