Carbon finance and energy policy in Vietnam

Carbon finance and energy policy in Vietnam

Green growth, as defined by the Global Green Growth Institute (GGGI), is “economic growth that is environmentally sustainable and socially inclusive”. Countries pursuing green growth hope to achieve economic growth – often measured in terms of GDP and employment outcomes – while at the same time ensuring social equity, protecting the environment, and taking climate action.
Vinh Long province enjoys Dutch-backed climate adaptation project

Vinh Long province enjoys Dutch-backed climate adaptation project

The Netherlands granted $19.5 million to a climate adaptation project in Vinh Long province.
Norway’s world-class expertise in supporting the energy transition

Norway’s world-class expertise in supporting the energy transition

In announcing new net-zero targets by 2050 in November, Vietnam will take stronger measures to reduce greenhouse gas emissions by transitioning from fossil fuels. Norwegian Ambassador to Vietnam Grete Løchen told VIR’s Bich Thuy how Vietnam can achieve these targets with lessons from her nation.
2021 remains gap year for solar developers

2021 remains gap year for solar developers

After a boom in solar development thanks to incentives given in 2020, Vietnam held back due to a policy gap that has pushed investors into an awkward situation this year.
Plastic and Health Action Partnership launched to enhance health and environment

Plastic and Health Action Partnership launched to enhance health and environment

The Plastic and Health Action Partnership (PHA) is one of the starting actions of Local Solution for Plastic Pollution (LSPP).
Rebooting nuclear power to cope with high demand

Rebooting nuclear power to cope with high demand

Nuclear power can be an option to meet the requirements of diversity of power sources, based on the conditions that Vietnam implemented a few years ago. The proposal to restart the nuclear power programme in Vietnam was made amid warnings about resource depletion, setting new requirements for diversifying power sources, developing sustainable energy sources, and meeting the economic growth demand.
Transparent mechanisms advised to make most of offshore wind potential

Transparent mechanisms advised to make most of offshore wind potential

Offshore wind power is poised to become a key pillar of the nation’s energy transition, and its rapid development is imperative for Vietnam’s net emissions reduction. However, issues remain with policy frameworks and grid capacity.
Australia and Vietnam set to deepen economic ties

Australia and Vietnam set to deepen economic ties

The governments of Australia and Vietnam released a strategy to unlock significant opportunities for businesses across the two countries.
JFE project extends Japanese expertise in going greener

JFE project extends Japanese expertise in going greener

Japan-based JFE Engineering Corporation is participating in a large-scale waste-to-energy project in Vietnam, supporting the country’s efforts in reducing greenhouse gas emissions amid sustainable socioeconomic development.
Global partnership to support Mui Ke Ga LNG  project in Vietnam

Global partnership to support Mui Ke Ga LNG project in Vietnam

Energy Capital Vietnam has joined hands with B.Grimm Power, and Siemens Energy to accelerate the development of the Mui Ke Ga LNG project in Vietnam.
IFC promotes waste-to-energy solutions as Vietnam shifts to low-carbon economy

IFC promotes waste-to-energy solutions as Vietnam shifts to low-carbon economy

As Vietnam aims to reach net-zero carbon emissions by 2050, the IFC is providing a $30 million financing package for a waste-to-energy plant in Bac Ninh.
Leading manufacturers and traders of energy-saving products in 2021 honoured

Leading manufacturers and traders of energy-saving products in 2021 honoured

139 certified products of the highest energy efficiency standards in 2021 have been identified at the Energy Efficiency Award in Industry-Construction 2021.
Rooftop solar power taking off in industrial zones

Rooftop solar power taking off in industrial zones

Industrial zone developers are interested in building infrastructure facilities in collaboration with the installation of rooftop solar power, which contributes to helping Vietnam realise commitments on greenhouse gas reduction.
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