Surge in Petrolimex and PV Oil shares following new draft decree on fuel trading
At the end of March, the Ministry of Industry and Trade unveiled a draft decree on fuel trading and investors were quick to assess that it will be good news for the primary fuel trading companies.
Samsung boosts renewable energy in Vietnam facilities
Samsung Electronics Co. said on Wednesday its Vietnam facilities will ramp up eco-friendly operations by directly purchasing renewable energy under Vietnam’s new DPPA system.
Malaysia’s Leader Energy secures HSBC deal for its Vietnam portfolio
Malaysia’s Leader Energy Holding Berhad (Leader Energy), a wholly owned subsidiary of HNG Capital, signed the deal on July 8.
Vietnam mandates emissions testing for motorcycles next year
The Law on Road Traffic Order and Safety that will take effect on Jan. 1, 2025 mandates that motorcycles must undergo emissions testing at vehicle inspection centers.
Vietnam allows factories to buy electricity directly from suppliers
Vietnam has issued a new decree that allows renewable energy producers to sell electricity directly to factories, effectively putting an end to the monopoly of state-owned distributor Vietnam Electricity (EVN).
Thai Nguyen proactive in its green growth journey
On June 18, Nguyen Thanh Binh, Deputy Chairman of Thai Nguyen People’s Committee, met with a working group from Global Advisory, a leading consulting firm in Australia specialised in providing in-depth financial consulting, to discuss solutions to promote green growth and reduce carbon emissions in the province.
Marubeni, Doosan Vina join hands to develop offshore wind power in Vietnam
Japan’s Marubeni Corporation and South Korea’s Doosan Enerbility Vietnam (Doosan Vina) have inked a memorandum of understanding (MoU) for the joint development of offshore wind power in Vietnam to tap into the country’s rising electricity demand.
Hoa Sen Group ties up with Singapore’s SP for clean energy
Steel producer Hoa Sen Group has signed a deal with Singapore’s SP for consultancy to switch to clean energy at all its plants.
