Saigon Hi-Tech Park targets 50% renewable energy in push for net zero
HCM City (VNA) – Saigon Hi-Tech Park (SHTP) is aiming to pull more than half of its energy from renewable sources, a step in Vietnam’s race to hit net-zero emissions by 2050, heard a local seminar on June 17. The push aligns with Ho Chi Minh City’s broader target to secure 15% of its energy from […]
Vietnam sharpens focus on offshore wind
A meeting on June 11 brought together Vietnamese authorities and international partners to shape a roadmap for these centres, drawing lessons from global experience and aligning with Vietnam’s Power Development Plan VIII (PDP8). The meeting, hosted at the Ministry of Industry and Trade and co-chaired by the Electricity Authority of Vietnam (EAV) and Germany’s GIZ […]
Vietnam continues to drill oil discoveries, helping to ensure national energy security: broker
HDBank, PV Power sign $76.7 million deal to boost sustainable energy transition
HCM CITY — Furthering its leadership in green finance and commitment to sustainable development, Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has signed a VNĐ2 trillion (US$76.7 million) credit facility agreement with PetroVietnam Power Corporation (PV Power), a leading power producer and subsidiary of the Vietnam Oil and Gas Group (Petrovietnam).
Petrovietnam subsidiary PTSC hands over 33 offshore wind power foundations to Danish giant Orsted
The recent handover of 33 foundations manufactured by Petrovietnam Technical Services Corporation (PTSC) to an offshore wind power project of Orsted has been recognized as an outstanding work of state-owned Petrovietnam.
PetroGreen, Shell Energy Philippines seal 20-MWp solar PPA
Philippine-based PetroSolar Corporation, a unit of energy group PetroGreen Energy Corporation, has secured Shell Energy Philippines as the power offtaker for a 20-MWp solar park.
$2.5 bln LNG power plant in northern Vietnam set for groundbreaking in late 2025
PM calls for cooperation with Sweden in nuclear energy technology
Prime Minister Pham Minh Chinh visited and held a working session with representatives of the division of nuclear science and engineering (NSE) in the Physics Department at the Royal Institute of Technology (KTH) of Sweden on June 13, during which he called on the Swedish side to set up cooperation with Vietnam in nuclear energy […]
