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.
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.
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.
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).
A Cooperative Game Theoretic Approach on the Stability of the ASEAN Power Grid
Vietnam considers setting up renewable energy centre to realise net-zero carbon commitment

The Ministry of Industry and Trade (MoIT) has been asked to coordinate with the Ministry of Natural Resources and Environment (MoNRE) on setting up a renewable energy centre.