petrovietnam reaching full year targets in main business metrics

PetroVietnam reaching full-year targets in main business metrics

Along with budget payment, state-owned oil and gas giant PetroVietnam has attained total revenue and consolidated pretax profit targets after just eight months.
coping scenarios for oil price variations in logistics

Coping scenarios for oil price variations in logistics

Despite slight falls in oil prices, pressures on possible surges again are high amid the global energy crisis. Le Quang Trung, vice president of the Vietnam Logistics Business Association, outlined the possible scenarios with VIR’s Minh Anh.
co generation technology could act as solution to help balance power supply

Co-generation technology could act as solution to help balance power supply

While biomass energy from sugarcane and other agricultural by-products has proven to be financially rewarding and environmentally useful, smaller companies remain discouraged to participate.
vietnams smooth transition to net zero by 2050

Vietnam's smooth transition to net zero by 2050

Wärtsilä has revealed that renewable-based power systems, backed by grid balancing engines and energy storage, can enable Vietnam to reach net zero by mid-century whilst cutting the levelled cost of electricity (LCOE) by 20 per cent when taking into account future carbon taxes.
biomass boost to fuel power evolution

Biomass boost to fuel power evolution

Although the Vietnamese government has introduced policies to promote the development of biomass power, results so far remain modest, leaving insiders to ponder what is hindering the development of this type of energy.
new feed in tariff advocated for biomass energy bonanza

New feed-in tariff advocated for biomass energy bonanza

Although the Vietnamese government hoped for deeper biomass energy investment through a previously-introduced feed-in tariff, some experts advise that a new one must be coupled with other legal incentives to ensure a more significant share in the country’s energy mix.
levanta and actis partner in southeast asia renewables platform

Levanta and Actis partner in Southeast Asia renewables platform

Southeast Asian renewables platform Levanta Renewables has sold a majority stake to Actis, a leading global investor in sustainable infrastructure.
hvacr exhibition shares advanced technologies for sustainable energy development

HVACR exhibition shares advanced technologies for sustainable energy development

The 3-day International Exhibition on Energy Power Vietnam Solutions (EPV) – Heating, Ventilation, Air-Conditioning, Air Purification, and Refrigeration Systems (HVACR) and Marine (INMEX) held from September 7 to 9 provided up-to-date professional information and opportunities to connect and find potential partners for the enterprises.
backing up vietnams cop26 goals

Backing up Vietnam’s COP26 goals

Vietnam’s strong commitment to reduce greenhouse gas emissions over the next few decades is receiving major support from the international community.
united states and vietnam to strengthen ties in climate change adaptation

United States and Vietnam to strengthen ties in climate change adaptation

The United States and Vietnam are determined to accelerate the energy transition and enhance cooperation in climate change adaptation.
germanys nuclear stay fails to quell debate

Germany's nuclear stay fails to quell debate

Germany's decision to keep two atomic plants on standby through the winter amid a power crunch has exposed cracks in the government and unleashed criticism from economic and energy experts.
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.
electric power vietnam 2022 gathering of international state of the art technologies

Electric & Power Vietnam 2022: Gathering of international state-of-the-art technologies

Amidst the steady development of the electricity and renewable energy market, the eighth Electric & Power Vietnam exhibition is set to take place on September 7-9 at the Saigon Exhibition and Convention Centre.
vietnamese oil facing significant hurdles

Vietnamese oil facing significant hurdles

The government is promoting energy self-reliance rapidly as global developments have significantly changed the world’s energy situation, pushing Europe into gas scarcity for this winter.
eurozone stocks euro tumble as russia fuels energy crisis

Eurozone stocks, euro tumble as Russia fuels energy crisis

Eurozone stocks tumbled Monday and the euro hit a new 20-year dollar low on energy crisis fears, after Russia said it would not restart gas flows to Germany and effectively most of the continent.