High prices anticipate challenges for import of LNG

High prices anticipate challenges for import of LNG

Although Vietnam is contemplating the development of liquefied natural gas as one of the means to transition to low-emission energy sources, current plans note that rising prices and higher transportation costs could make it harder to meet the nation’s 2030 goals.
More options looked at for energy-efficiency goals

More options looked at for energy-efficiency goals

Vietnam is improving energy efficiency for electrical equipment in a bid to reduce shortage pressure and fulfill its emissions reduction commitments.
Wood chip groups spreading activities to fresh pastures

Wood chip groups spreading activities to fresh pastures

Vietnam’s wood chip industry could soon sail through some of its challenges by tapping into China’s recovering demand and utilising Indonesia as a new market.
Power price hike on the cards in Vietnam

Power price hike on the cards in Vietnam

Despite Electricity of Vietnam’s (EVN) intention to increase energy rates to rebalance its budget for 2023, the status of coal-fired power does not yet seem to be declining.
Energy security deemed more likely with appropriate offshore wind strategy

Energy security deemed more likely with appropriate offshore wind strategy

Offshore wind power is not only expected to contribute to Vietnam’s net-zero goal by 2050 but also help with the country’s ever-increasing hunger for energy.
Capital roadblocks hindering nation’s oil and gas prospects

Capital roadblocks hindering nation’s oil and gas prospects

As the Vietnamese market continues to wait for large oil and gas projects to launch, the focus lies on small-scale ventures and innovative investment attraction schemes to profit from the world’s high oil prices.
Petrol retailers seek answers for current operations disarray

Petrol retailers seek answers for current operations disarray

Following the closure of some local fuel suppliers in the south and central regions of the country, enterprises are now hoping for more support from authorities to reconnect supply chains.
Power shortage worries increase hunger for coal

Power shortage worries increase hunger for coal

Vietnam is maximising its coal mining output amid widespread power outages in the north.
Facilitating recovery of Vietnam’s yarn sector in midst of US policy enforcement

Facilitating recovery of Vietnam’s yarn sector in midst of US policy enforcement

The Vietnam Textile and Apparel Association has held a meeting with the US partners to discuss the enforcement of the Uyghur Forced Labor Prevention Act. Association chairman Vu Duc Giang shared with VIR’s Ky Anh the impact of the act on Vietnam’s garment exports to the United States.
Small textile groups left behind as big brands take on recycling

Small textile groups left behind as big brands take on recycling

Some of Vietnam’s biggest textile groups are picking up on the worldwide trend of utilising recycled materials, with several largest global brands increasingly switching to greener methods.
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