Japanese partners to join 4.5 gigawatt LNG power project in Vietnam
A venture between two major Japanese power utilities will participate in building one of Southeast Asia’s largest natural gas-fired power plant and LNG offloading facilities in Vietnam.
Vietnam can be leader in transition to clean energy: US climate envoy
Vietnam can set an example for clean energy adoption thanks to its natural advantages, the U.S.’s special presidential envoy for climate, John Kerry, said.
Vietnam Electricity posts $207.6-mln profit
State power utility Vietnam Electricity (EVN) made a profit of VND4.74 trillion ($207.6 million) from all activities in 2020. But, its core business of electricity production and trading reported VND1.3 trillion in losses due to price reduction and discounts. In 2020, EVN sold each kilowatt-hour for an average VND1,820.20, down 1.68 percent from 2019.
Vietnam to auction gasoline from reserves, power outage hits refinery
Vietnam will auction 100 million litres (26.4 million gallons) of gasoline from its national reserves, state media had reported, as a supply shortage enters its second month. The South-East Asian country has had to tap into its fuel reserves since its largest refinery cut production last month due to a disagreement between shareholders over financing […]
EU committed to helping Vietnam in green transition
Executive Vice President of the European Commission (EC) Frans Timmermans has expressed his wish to step up cooperation with Vietnam in green energy development.
How rising global oil prices impact Vietnam economy
The surge in crude oil prices to an eight-year high is set to have a major inflationary effect in Vietnam.
COP26 President visits Viet Nam and Indonesia to progress putting the Glasgow Climate Pact into action
COP26 President Alok Sharma travelled to Indonesia and Viet Nam this week to progress and strengthen delivery of the landmark Glasgow Climate Pact.
HSBC sponsors US$12 billion in renewable energy projects in Vietnam
HSBC Bank (Vietnam) Ltd. (HSBC Vietnam) has recently signed a Letter of Intent on the evaluation and provision of sustainable financial solutions for Trung Nam Construction Investment Corporation (Trungnam Group).
