burdens still to be tackled to ensure efficient dppa pilot

Burdens still to be tackled to ensure efficient DPPA pilot

Foreign investors have been closely monitoring a proposed pilot on the direct power purchase agreements in Vietnam, especially those with a long-term business strategy in renewable energy. However, the country’s limited mechanisms may mean the long-term goals will be difficult to attain.
super energy group powers ahead with expansion

Super Energy Group powers ahead with expansion

Thailand’s Super Energy Group is demonstrating its commitment in the Vietnamese market through expanding investment and its portfolio.
sabeco leading a positive recovery

SABECO leading a positive recovery

Manufacturing enterprises such as Saigon Beer-Alcohol-Beverage Corporation are heralding bright spots in Vietnam’s economic picture in 2022 that have created confidence and a foundation for 2023.
wind power bonanza there for the taking in vietnam

Wind power bonanza there for the taking in Vietnam

In Vietnam, new markets are emerging daily as more investors demonstrate attraction for wind power projects, and Power Engineering Consulting JSC 4 (EVNPECC4) is deemed to have strong capability in power grids, renewable energy, surveys, and more. The company’s chairman Le Cao Quyen talked to VIR’s Phuong Thu about the challenges and policy suggestions to develop wind power in Vietnam.
survey overlap potential irks wind power developers

Survey overlap potential irks wind power developers

Due to several legal pitfalls, conflicts may occur among wind power investors, both onshore and off, as they take part in surveying activities for their potential projects.
domestic carmakers jostling with competition from imported brands

Domestic carmakers jostling with competition from imported brands

Three months after ending the preferential policy of 50 per cent reduction in registration fees for domestically-assembled cars, the volume of imported cars to Vietnam has increased sharply.
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.
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