Vietnam invests heavily in power and mining projects in Laos
Vientiane, Jun 9 (Prensa Latina) More than 815 million dollars have been invested so far by Vietnam in hydropower and mining projects in Laos’s southern Attapeu province, according to local authorities. Vithaya Phommachanh, director of the Energy and Mines Department in Attapeu, said that 691 million dollars are earmarked for the energy development and they […]
USAID launches $36 mn clean energy project in Vietnam
US ambassador Marc Knapper recently joined Vietnam’s vice minister of industry and trade Dang Hoang An and the US Agency for International Development (USAID) mission director Ann Marie Yastishock to launch USAID’s $36 million, flagship clean energy project. US vice president Kamala Harris had announced the project during her visit to Vietnam in August 2021.
Vietnam leads transition to clean energy in South-East Asia, says The Economist
Vietnam is leading the transition to clean energy in South-East Asia and is a bright spot on an otherwise soot-black map, according to an article published recently on The Economist. In the four years to 2021, the portion of electricity generated by solar in Vietnam increased from practically nothing to nearly 11 per cent, the […]
High costs, legal impasses hinder Vietnam’s LNG energy production
Too many variables and over-reliance on imports have been hindering Vietnam’s plan to build power plants running on liquefied natural gas (LNG), industry experts have said.
Vietnam floats prospect of resuming nuclear power development
“Developing nuclear power is an ongoing inevitable trend in the world,” Minister of Industry and Trade Nguyen Hong Dien told the National Assembly on Monday, according to a statement posted on the government’s website.
Vietnam EV maker VinFast to shift HQ to Singapore ahead of first exports
HANOI, May 28 (Reuters): Vietnam’s VinFast is shifting its headquarters to Singapore as the fledgling electric vehicle (EV) maker readies for a potential public listing and the first production run of cars for US and European markets, its chief executive told Reuters.
Vietnam Electricity Reforms Spark Opportunities for Foreign Investment
Vietnam’s amended Law on Electricity allows foreign investment in the country’s electrical grid to improve energy quality and capacity. Power consumption in the country is projected to increase by 10-12 percent annually through to 2030, representing the fastest growth rate in Asia. As such, early entrants to building, managing, and operating Vietnam’s electrical grid will […]
Vietnam company to invest $840 mln in country’s first green hydrogen plant
HANOI, May 25 (Reuters) – Construction is due to start on Vietnam’s first green hydrogen plant next month, the government said on Wednesday, as the Southeast Asian country seeks to boost the use of cleaner energy while reducing dependence on coal in its power mix.
