the bankable answers for renewable energy

The bankable answers for renewable energy

The Vietnamese government has taken part in discussions with various private sector groups and energy organisations as part of a step-by-step approach for the country’s latest Power Development Plan. VIR’s Nguyen Thu talked with John Rockhold, head of the VBF’s Power & Energy Working Group, about the role of foreign investment in the power and energy sector.
vietnams roadmap to decarbonisation

Vietnam’s roadmap to decarbonisation

Global demand for energy is increasing due to population and economic growth, especially in large emerging countries, which will account for 60 per cent demand growth by 2025. Vietnam, as a developing country, is therefore facing some barriers.
evaluating a complex year in wind energy and determining what comes next

Evaluating a complex year in wind energy and determining what comes next

Last year, one third of the wind power sector’s projects with a combined capacity of around 2,000MW, equal to more than $3 billion in capital, failed to reach completion.
german businesses express confidence in crucial pandemic recovery scheme

German businesses express confidence in crucial pandemic recovery scheme

After setbacks in business and investment activities due to the global health crisis, German businesses are planning to expand their business to diversify their supply chain with sustainable energy and infrastructure solutions. Alexander Goetz, chairman of the German Business Association, talked to VIR’s Tung Anh about overcoming the challenging time with its members.
vietnam strengthens intl cooperation to promote renewable energy development

Vietnam strengthens int'l cooperation to promote renewable energy development

By strengthening international cooperation in energy and completing mechanisms and policies in the field, Vietnam is working to improve the efficiency, sustainability and adapting capacity for the national energy sector.
eco parks effective approach to sustainable growth

Eco-park’s effective approach to sustainable growth

An eco-industrial park developer in Haiphong city and Quang Ninh province is offering clean energy for production and industrial symbiosis on top of a strategic location and state-of-the-art facilities, showcasing that economic growth can be sparked while reducing environmental impact.
vietnam has first ever organic natural energy one station

Vietnam has first-ever Organic Natural Energy (O.N.E) station

Drinkizz Co., Ltd. has just opened the Organic Natural Energy station in Ho Chi Minh City, carving a spot among the first innovative companies providing Organic Natural Energy (O.N.E) drinks in the world.
smart grid research to promote renewable energy penetration

Smart grid research to promote renewable energy penetration

The Ministry of Industry and Trade has supported a special academy day in Hanoi with the aim of enhancing research into and the widespread adoption of smart grids for the power network to capture renewable energy and to support the development of the country’s smart grid roadmap.
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.
norways 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.
hanois struggle to deal with garbage overload and sustainable solutions

Hanoi’s struggle to deal with garbage overload and sustainable solutions

All three of Hanoi’s currently operating waste treatment plants are bursting because of an overload with increased garbage. Meanwhile, waste-to-energy incineration treatment plants pose risks to the environment, health, and the economy. Therefore, Vietnam Zero Waste Alliance (VZWA) believes that the problem can be sustainably solved following the 7R Solution.
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.
mitsubishi sells 15 per cent stake in vung ang ii thermal power plant

Mitsubishi sells 15 per cent stake in Vung Ang II thermal power plant

Shikoku Electric Power Co., Inc. from Japan has completed the purchase of a 15 per cent stake in Vung Ang II thermal power plant from Mitsubishi Corporation for $87 million, despite the global trend to move away from coal.
petrovietnam promoting us partnerships the future of vietnams energy industry

PetroVietnam promoting US partnerships: The future of Vietnam’s energy industry

On November 23, 2021, a round table discussion between PetroVietnam and US investors took place with the topic of potential energy investment in Vietnam.
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.