EVN posts 49 pct profit rise

National utility Vietnam Electricity (EVN)’s post-tax profit last year surged 49 percent from 2019 to VND14.48 trillion ($631.47 million).

China key to Vietnam’s solar success

Vietnam has been a Southeast Asia solar success story. It went from having barely any generation in 2018 to a quarter of its total installed capacity being solar – a 100-fold increase in two years.

Green hydrogen development associated with offshore wind power, experts say

Hanoi (VNS/VNA) – The Ministry of Industry and Trade (MoIT) needs to study and direct Vietnam Electricity (EVN) to issue regulations on the transmission and distribution system to ensure the stable operation of the power system amid abundant wind and solar power sources, said Tran Viet Ngai, Chairman of the Vietnam Energy Association.

US-backed clean energy project launched in Da Nang

Da Nang has launched a project with support from the U.S. Agency for International Development to promote urban energy security. The $14-million program will run through 2023, deploying energy solutions in Da Nang and Ho Chi Minh City.  

Vietnam blows by Thailand in clean energy race

(MENAFN – Asia Times) BANGKOK – Thailand is lagging Vietnam in the race to transition from fossil fuels to clean energy in the post-Covid-19 world, where climate change is taking center stage as the next looming global crisis, and countries and companies race to become carbon-neutral.

Why Investors Should Consider Vietnam’s Electric Vehicle Market

The electric vehicle market in Vietnam has not garnered as much attention compared to other countries in the region and globally, but this doesn’t mean that opportunities are not there. Electric vehicles are an irreversible trend and will be the future as governments move towards clean energy and consider the environment. This means that investors […]

Samsung urged to use 100% green energy in South Korea and Vietnam

HO CHI MINH CITY/SEOUL — Samsung must switch to using 100% renewable energy in South Korea and Vietnam — the tech conglomerate’s two biggest production bases — even as those countries plan to build more coal-fired power plants, Greenpeace said in a report on Tuesday.