new energy tie ups lean to greener business ambitions

New energy tie-ups lean to greener business ambitions

Foreign investors are increasing activities in renewable energy in Vietnam through new tie-ups, with a focus laid on self-use electricity due to the country’s global commitments to a greener future.
turbine leaders take choppy waters into account

Turbine leaders take choppy waters into account

The world’s biggest wind turbine makers are garnering lower profits in the context of the global energy crisis in Europe and uncertain policies in many other regions.
euro dollar parity threatens the nations exports

Euro-dollar parity threatens the nation’s exports

The parity of the Euro with the US dollar is causing some headaches for Vietnamese exporters, even though various importers are likely to reap more benefits.
domestic solar panel groups remain overshadowed

Domestic solar panel groups remain overshadowed

Although the United States has frozen tariffs on Vietnamese solar panels for the next two years, the influx of cheap Chinese goods means there may not be enough domestic companies to take advantage of it.
solar self users seeking parity

Solar self-users seeking parity

A chasm between mechanisms and inconstant guidelines in localities is making it difficult for developers to install rooftop solar power for self-use.
grand energy aims require direction

Grand energy aims require direction

In order to realise its climate pledges, Vietnam is looking into alternative energy sources, but the sluggish development of the nation’s key power development plan is likely to keep its ambitions out of reach.
investors clamour for wind incentives

Investors clamour for wind incentives

Developers and investors are asking for incentives for the first step instead of a bidding mechanism to develop offshore wind power projects in Vietnam, in order to reach the target of 7GW of offshore wind power by 2030.
supporting action to curb plastic pollution

Supporting action to curb plastic pollution

Vietnam is promoting economic restructuring in association with the development of a green and circular economy. Vu Minh Ly, deputy director of the Communication Centre for Environmental Resources at the Ministry of Natural Resources and Environment, talked with VIR’s Phuong Thu about the efforts in terms of reducing plastic waste for sustainable development.
investors getting on board the lng train

Investors getting on board the LNG train

Liquefied natural gas-to-power remains an important part of Vietnam’s energy transition story, and investors – both local and international – continue to demonstrate a strong interest in the sector.
steelmakers deny advantage from anti dumping fix

Steelmakers deny advantage from anti-dumping fix

South Korean group Posco VST, which owns the biggest cold rolling steel plant in Vietnam, is likely to gain benefits from anti-dumping measures on some cold-rolled stainless steel products – however, both the company and the Ministry of Industry and Trade have denied a monopolitic stance in the market.
bia saigon special retaining unparalleled quality

Bia Saigon Special: retaining unparalleled quality

With the beverage giant’s never-ending attempts to gratify customers in an ever-changing economic and cultural environment for drinkers, SABECO is on pace to make substantial breakthroughs with product innovation and transformation for the future.
framework urged for battery storage

Framework urged for battery storage

Along with standardising the quality of rooftop installations for self-consumption, it is hoped that investment in battery storage systems will be ramped up in order to avert grid congestion.
investors call for bankable ppa and reasonable price policies for energy projects

Investors call for bankable PPA and reasonable price policies for energy projects

At VIR's seminar on investments in the power sector on April 8, Nguyen Thai Ha, director of T&T Energy Group JSC said that it has developed renewable power plants with a capacity of up to 500MWp, however, it faced challenges with power purchase agreements (PPA) including off-take obligation, off-taker payment risk, and financing arrangements.
a sleek new look for bia saigon special

A sleek new look for Bia Saigon Special

The makers of Bia Saigon, a brand from Saigon Beer-Alcohol-Beverage Corporation (SABECO), have been seeking new ways to satisfy consumers’ thirst through a new look and taste.
nickel potential eyed up by major players

Nickel potential eyed up by major players

The topsy-turvy nickel price has caused a significant increase in cost pressures in the downstream industry, but nevertheless could mean a windfall for nickel mining.