south korean conglomerates seek investment framework for wind and gas energy

South Korean conglomerates seek investment framework for wind and gas energy

At a forum in Seoul on July 1, leaders of some South Korean conglomerates expressed their desire for the Vietnamese government to establish mechanisms and provide legal and financial support to facilitate investments and the completion of wind and gas power projects.
vietnamese power sector is a beacon of prospects

Vietnamese power sector is a beacon of prospects

Vietnam’s power sector is set to maintain its momentum with the initiation of the Power Development Plan VIII (PDP8) implementation plan, approved in April.
vietnam explores bypassing evn on direct rooftop solar sales

Vietnam explores bypassing EVN on direct rooftop solar sales

Rooftop solar, waste-to-energy, and biomass power projects may soon bypass state utility EVN for direct sales, according to Deputy Prime Minister Tran Hong Ha.
vietnam remains focused on evs for sustainable growth

Vietnam remains focused on EVs for sustainable growth

According to a recent HSBC report, Vietnam is advancing its green energy transition rapidly while prioritising electric vehicles (EVs) as a key driver of sustainable economic growth.
global aid for energy transition ramps up

Global aid for energy transition ramps up

Vietnam has earned a great deal of financial and technical assistance from the international community in recent months for its energy transition.
investors await instructions for financing power projects

Investors await instructions for financing power projects

Vietnam is pushing ahead with implementation of its national power strategy, but specific incentives still need to be formulated.
new pdp8 implementation plan brings investment opportunities

New PDP8 implementation plan brings investment opportunities

On April 1, Deputy Prime Minister Tran Hong Ha approved the implementation updates for Vietnam's Power Development Plan VIII (PDP8), which aims to help build strategic objectives, ensure national energy security, and foster investment across all economic sectors. Senior associate Nguyen Thi Cuc Vi and trainee associate Trinh Linh Chi of Dentons LuatViet explain further.
implementation strategy for new power development plan approved

Implementation strategy for new power development plan approved

Deputy Prime Minister Tran Hong Ha has approved the implementation updates for the country's Power Development Plan VIII (PDP8).
vietnam explores renewable energy export strategy

Vietnam explores renewable energy export strategy

On December 23, Vietnam's Deputy Prime Minister Tran Hong Ha tasked the Ministry of Industry and Trade (MoIT) with developing a framework to explore wind and solar energy.
readying infrastructure for green growth resilience

Readying infrastructure for green growth resilience

In Vietnam’s Power Development Plan VIII (PDP8), ambitious targets have been set for the development of renewable energy in the country. In order to meet these targets, significant amounts of private investment will need to be deployed.
made in vietnam energy forum amplifyies private sector perspectives

Made in Vietnam Energy Forum amplifyies private sector perspectives

The Made in Vietnam Energy Forum, the signature event of the Power and Energy Working Group, returned for its second year, in 2023, to discuss Vietnam's strategies and policies for the ongoing energy transition, offer insights on how to attract financing, and present the findings of the last Made in Vietnam Energy Plan Report.
detailed implementation will direct success of pdp8

Detailed implementation will direct success of PDP8

Emphasis is being made that the implementation of the nation’s power plan for the decade and beyond will not be successful without a detailed plan and clear investor selection process.
evn proposes accelerated electricity imports from laos

EVN proposes accelerated electricity imports from Laos

Amidst a looming power deficit, Vietnam Electricity (EVN) is fostering strategic partnerships with Laotian electricity suppliers to ensure the country's energy security. By leveraging competitive pricing structures, EVN proposes accelerating the imports from Laos.
vietnams impressive vision for a cleaner energy future

Vietnam’s impressive vision for a cleaner energy future

Vietnam’s power development plan outlines a comprehensive energy blueprint for the country. Mishra Kumar Sameer, director of Deals Advisory for KPMG in Vietnam, explains how a diversified energy mix with supporting infrastructure will be crucial in meeting environmental commitments and energy security.
poor progress made in vietnams power sector

Poor progress made in Vietnam's power sector

Vietnam's power landscape has seen a flurry of investment proposals, but on-the-ground progress hasn't met expectations. This underscores the crucial challenge of delivering consistent, reasonably priced electricity.