stavian quang yen petrochemical plant receives technology transfer licences

Stavian Quang Yen Petrochemical Plant receives technology transfer licences

On September 29, the Stavian Quang Yen Petrochemical Plant project officially received the technology transfer licences for petrochemical technology to produce polypropylene (PP) resins from Quang Ninh Department of Science and Technology.
cbam heralds new journey for sustainable energy use

CBAM heralds new journey for sustainable energy use

Many manufacturers in Vietnam are to face more challenges in reporting total verified greenhouse gas emissions of goods exported to the EU.
ba ria vung tau lacking inter regional connectivity

Ba Ria-Vung Tau lacking inter-regional connectivity

Ba Ria-Vung Tau province needs a complete trade and logistics ecosystem to improve connectivity with the southeastern region.
adjusting electricity tariff vital to the energy sector

Adjusting electricity tariff vital to the energy sector

Maintaining low electricity prices is the main reason behind the supply and demand pressure, which hinders investment in the energy sector and the shift to green economy.
coal supply moves shoring up generation of power

Coal supply moves shoring up generation of power

As Vietnam faces the prospect of a coal shortage and the challenges of securing supply, more actions are needed to ensure a long-term coal supply for power generation.
balance sought over port fee privileges

Balance sought over port fee privileges

Small-scale seaports up and down Vietnam may miss out on the benefits of a price hike in container handling services.
cbam may hinder evfta advantages for steel industry

CBAM may hinder EVFTA advantages for steel industry

As the EU's Carbon Border Adjustment Mechanism (CBAM) takes effect on October 1, 2023, steel manufacturers are still confused about how to meet the new requirements.
flooring producers tackle shifts within global market

Flooring producers tackle shifts within global market

Despite the recovery of the American construction market, Vietnam’s top stone plastic composite flooring manufacturers are facing barriers to export due to wider global issues.
mechanical groups urged to diversify

Mechanical groups urged to diversify

Vietnam’s mechanical industry is looking to expand its horizons after suffering a drop in orders so far this year.
lng conversion strategy ramps up to ensure power sources for vietnam

LNG conversion strategy ramps up to ensure power sources for Vietnam

The plan to develop 22GW of liquefied natural gas-to-power projects, along with the government’s commitment to reduce emissions, is creating vast opportunities for Vietnam’s thermal power developers to make an energy transition and gradually phase out coal.
vietnam contemplates crude oil supply sources to cover long term strategies

Vietnam contemplates crude oil supply sources to cover long-term strategies

Oil producers are actively expanding crude oil supply sources domestically and internationally to support the shrinking supply in Vietnam.
overcoming challenges to achieve sustainable development goals

Overcoming challenges to achieve sustainable development goals

There are unprecedented challenges facing companies and the government to fulfil the sustainable development goals.
coal to gas conversion gains traction

Coal-to-gas conversion gains traction

Global companies are interested in switching from coal to liquefied petroleum gas (LNG) for local thermal power plants in Vietnam.
weight still placed on imported lng

Weight still placed on imported LNG

Vietnam’s growing dependence on imported liquefied natural gas could cause a hike in power production costs.
hydropower must be utilised to develop energy sources

Hydropower must be utilised to develop energy sources

Success in the development of renewable energy sources will not be sustainable if the role of hydropower is ignored.