Việt Nam eyes US$18 billion a year for power plan through 2035
HÀ NỘI — Việt Nam will require an annual investment of around US$16–18 billion from now until 2035 to implement its revised National Power Development Plan (PDP VIII), according to the Ministry of Industry and Trade. This amount will rise to approximately $20 billion per year thereafter.
Japan and Vietnam Strengthen Clean Energy Cooperation Amid Economic Uncertainty
Japan and Vietnam signed a new agreement on Monday to boost cooperation in clean energy, marking a major step in their joint efforts toward sustainable development. Japanese Prime Minister Shigeru Ishiba and Vietnamese Prime Minister Pham Minh Chinh met in Hanoi as part of Ishiba’s four-day tour of Southeast Asia, which also includes the Philippines. […]
Petrovietnam and JERA forge clean energy ties
Petrovietnam’s Deputy CEO Le Manh Cuong is said to have emphasized Vietnam’s “vast potential” in renewable energy and affirmed that cooperation with JERA will play a “key role” in Petrovietnam’s journey toward green growth, beyond traditional oil and gas.
Vietnam raises solar feed-in tariffs with energy storage, regional incentives
Vietnam’s Ministry of Industry and Trade (MOIT) has announced a new round of feed-in tariffs (FIT) for solar power, introducing location-based pricing and, for the first time, incorporating energy storage systems.
Petronas and Petrovietnam strengthen oil & gas ties
The duo’s joint study agreement to advance oil and gas cooperation under Vietnam’s new legal framework is said to mark a strategic step forward in bilateral energy collaboration, allowing Petrovietnam to leverage Petronas’ global experience in geological research while aligning with the implementation of Vietnam’s 2022 Petroleum Law, designed to foster a more transparent and […]
Vietnam vehicle market expands 8% in March
Vietnam’s new vehicle market expanded by 8% to 26,079 units in March 2025 from 24,133 units a year earlier, according to wholesale data released by the Vietnam Automotive Manufacturers Association (VAMA).
Government proposes allowing Prime Minister to approve nuclear power projects
The Vietnamese Government has proposed granting the Prime Minister authority to approve nuclear power plant investment proposals, which currently come under the jurisdiction of the National Assembly (NA), in a draft revision of the Atomic Energy Law.
Vietnam Energy Update: Canon Vietnam Leverages Solar and Smart Energy Innovations to Slash Electricity Use by 11%
Canon Vietnam Co., Ltd., one of the country’s leading Japanese FDI enterprises, has significantly enhanced its energy efficiency over the past five years, with a strong focus on solar power and intelligent energy systems.
