Over $15 billion available for Vietnam’s green transition

Over $15 billion available for Vietnam’s green transition

$15.5 billion of public and private finance over the next 3 to 5 years donated by the European Union, the United Kingdom, France, Germany, the United States, Italy, Canada, Japan, Norway and Denmar, will be mobilised to support Viet Nam’s green transition
Vietnam approves circular economy development scheme

Vietnam approves circular economy development scheme

Deputy Prime Minister Le Minh Khai signed Decision No.687/QD-TTg on June 7 approving the circular economy development scheme and setting some ambitious targets.
Stepping up green energy  through direct purchase deals

Stepping up green energy through direct purchase deals

Vietnam-based groups from fashion brands to brewers are likely to miss their global climate change commitments if the long-awaited direct power purchase agreement for them fails to come online next year.
Playing field reset for power ventures after FiT deadline

Playing field reset for power ventures after FiT deadline

Wind projects totalling nearly 4GW have achieved commercial operations in time for the feed-in tariff deadline, but concerns remain over other wind farms getting their developments off the ground altogether.
A win-win situation for greenhouse gas emission cuts

A win-win situation for greenhouse gas emission cuts

Enterprises operating in Vietnam still have opportunities to pay for carbon value or ecology services voluntarily via partnerships with forest owners. These initiatives will provide win-win prospects for domestic enterprises and smallholder forest owners in the effort to cut greenhouse gas (GHG) emissions.
Vietnam gets serious with emissions

Vietnam gets serious with emissions

While working with the international community to combat climate change, Vietnam has made a strong commitment to cut down greenhouse gas emissions – however, this would also mean the country will have to revise development strategies of sectors using fossil fuels.
World embraces challenge to phase out coal generation

World embraces challenge to phase out coal generation

Vietnam has joined a list of 190 nations and organisations pledging a phasing out of coal-fuelled power generation and stopping the creation of new plants, giving it a series of tasks for the country to achieve in order to meet its ambitions.
All corners of the globe waking up to modern climate change philosophies

All corners of the globe waking up to modern climate change philosophies

World leaders sprung into action last week at the COP26 climate summit in Glasgow, with agreements made on deforestation, methane control, reducing reliance on coal, and cutting the cost of clean technologies.
Greenhouse gas inventory plan adding to climate crisis awareness

Greenhouse gas inventory plan adding to climate crisis awareness

The Vietnamese government aims to order the largest polluters in the country to develop greenhouse gas (GHG) inventories in 2022 to better manage risks and also identify reduction opportunities.
Europe visit fortifies cooperative deals

Europe visit fortifies cooperative deals

With the aim to attract more high-quality investment, Vietnam has rolled out the red carpet for further funding from EU-based and British investors who have announced many ambitious projects in the Southeast Asian market.
Vietnam joining to clear commitments to phase out coal power

Vietnam joining to clear commitments to phase out coal power

A 190-strong coalition, including Vietnam, has agreed to both phase out coal power and end support for new coal power plants.
Standard Chartered Vietnam commits MoUs worth $8.5 billion for green projects

Standard Chartered Vietnam commits MoUs worth $8.5 billion for green projects

Standard Chartered Bank Vietnam has recently committed MoUs worth up to $8.5 billion in sustainable financing for three Vietnamese businesses namely T&T Group, Geleximco Group and Van Lang Investment and Education Management Corporation, to support their sustainability goals.
Climate 'reality check': 2021 global CO2 emissions near record levels

Climate 'reality check': 2021 global CO2 emissions near record levels

Global CO2 emissions caused mainly by burning fossil fuels are set to rebound in 2021 to pre-Covid levels, with China's share increasing to nearly a third of the total, according to an assessment published Thursday.
AstraZeneca announces first investment in Vietnam's manufacturing sector

AstraZeneca announces first investment in Vietnam's manufacturing sector

AstraZeneca has announced to invest VND2 trillion ($90 million) to develop Vietnam’s manufacturing capabilities and expand patients’ access to high-quality, locally-made medicines.
The role of private sector in race to net-zero

The role of private sector in race to net-zero

La Gan offshore wind has emerged as one of the key projects paving the way for private sector engagement.
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