portugal rolls out 24 bn euro inflation relief package

Portugal rolls out 2.4 bn euro inflation relief package

Portugal on Monday unveiled a 2.4-billion-euro (dollar) package to help households cope with soaring prices, including an energy tax cut.
oil and gas sector counting on vital new investment cycle

Oil and gas sector counting on vital new investment cycle

As oil prices anchor around $90-100 per barrel globally, changes in the oil and gas policy of many markets are expected to bring a new cycle of investment to Vietnam – with the government also taking steps to transition to renewable energy sources by cooperating with countries around the world.
g20 talks end with pledge to accelerate energy transition

G20 talks end with pledge to accelerate energy transition

G20 energy talks in Bali ended Friday with the world's leading economies pledging to accelerate the transition to cleaner energy, but there was no binding agreement as officials struggle to overcome discord over Russia's invasion of Ukraine.
european markets euro tumble as russia fans energy crisis

European markets, euro tumble as Russia fans energy crisis

European markets tumbled Monday and the euro hit a fresh 20-year low on growing fears about an energy crisis after Russia said it would not restart gas flows to the continent, while traders are also preparing for another interest rate hike this week.
ensuring energy efficiency through power monitoring

Ensuring energy efficiency through power monitoring

In just the past 10 years, energy prices in Europe have risen an average of 19 per cent. At the same time, a growing number of companies need to become greener – and also want to do so – in order to succeed. Add to this the fact that in the wake of the energy transition and the global climate protection agreement, government regulations are calling for ever-higher efficiency standards.
japan to increase financial assistance for vietnams energy transition

Japan to increase financial assistance for Vietnam's energy transition

An agreement on energy transition inked in Tokyo underlines Japan's support for Vietnam's energy transformation programmes.
energy saving taking top spot in solutions for electricity crisis

Energy-saving taking top spot in solutions for electricity crisis

With the demand for electricity increasing rapidly and supply and a sense of economical use more limited, saving electricity is deemed an important tool during possible periods of crisis in the future.
all options on table for climate transition

All options on table for climate transition

Vietnam is now facing big pressure to carry out its energy transition in a greener manner, with the government advised to place high priority on limiting coal-fired power development while developing more renewable energy.
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.
cooperation for solar power development in green park vinh phuc clinched

Cooperation for solar power development in Green Park Vinh Phuc clinched

Today in Ho Chi Minh City, Nam Binh Xuyen Green Park Co., Ltd. – a member of YSL Group – and SkyX Solar JSC – a member of VinaCapital and EDF Renewables – signed an MoU on investment cooperation for green energy construction in Green Park Vinh Phuc.
indonesia plans to hike fuel prices next week minister

Indonesia plans to hike fuel prices next week: Minister

Indonesian President Joko Widodo may announce a fuel price hike next week to reduce spending on energy subsidies, said Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan on August 19.
vietnam needs extra 368 billion usd to achieve net zero emissions

Vietnam needs extra 368 billion USD to achieve net zero emissions

As the energy industry has a crucial role in achieving net zero emissions by 2050, it requires a structural transition toward green growth. Therefore, Vietnam needs assistance from developed countries regarding both financial and technical issues.
kusto group diversifies its business in vietnam

Kusto Group diversifies its business in Vietnam

Yerkin Tatishev, founder and chairman of Kusto Group, has just finished a 10-day visit to Vietnam. He talked with VIR's Bich Ngoc on his assessment of the potential of the Vietnamese market for Kusto Group and highlighted continuously expanding portfolios in the fields of infrastructure, energy, and real estate in the country.
japans biggest power generator jera acquires 35 per cent of ttc groups subsidiary

Japan's biggest power generator Jera acquires 35 per cent of TTC Group's subsidiary

In order to enhance Vietnam's renewable energy capacity by 2025, Vietnam's conglomerate Thanh Thanh Cong Group (TTC Group) partnered up with Japan's Jera Co., the largest power generation company in Japan, producing one-third of Japan's electricity
asean ramps up sustainable initiatives to combat wider global uncertainties

ASEAN ramps up sustainable initiatives to combat wider global uncertainties

Vietnam and other regional nations have vowed to advance cooperation in economic recovery including health and energy amidst escalating global crises, with an upgrade of an agreement on trade in goods.