Japanese companies would like to contribute to a realistic energy transition in Vietnam by promoting private investment in the application of decarbonisation technologies necessary for meeting sustainability goals, according to the Japanese Chamber of Commerce and Industry (JCCI).
The development of the electric vehicle (EV) market in Vietnam, along with the development of a charging infrastructure, has been promoted as part of the national action programme for the transition to green energy since July last year. Wee Jin Lee, Asia-Pacific regional leader of ABB E-mobility, talks about how ABB can contribute to EV adoption in Vietnam.
Mergers and acquisitions can play a critical role for the power sector to flourish with a boosted financial model for investors with distinct appetite. Vaibhav Saxena, lawyer at Vilaf, looks at existing assets, assets under construction, and planned projects that have a special purpose vehicle.
Vietnam’s immediate prime concern is to conclude its energy plans and establish a blueprint for sustainable growth. The Vietnam Academy of Science and Technology’s Dr. Bui Huy Phung, a former member of the Power Development Plan VII (PDP7) Appraisal Council, responded to VIR’s Hai Van on this topic.
Thailand’s Super Energy Group is demonstrating its commitment in the Vietnamese market through expanding investment and its portfolio.
Private industry and governments must team up to make progress on two goals in parallel – growing access to electricity while decarbonising the energy, transportation, and industrial sectors. Roger Martella, chief sustainability officer at GE, explains how this will be possible.
2023 could be an interesting year for Vietnam’s energy sector, as $15.5 billion of financing is set to be mobilised for Vietnam’s green energy transition through a recent energy partnership.
Since its establishment 13 years ago, locally-invested TH Group has been pursuing sustainable development with a circular economy model, which helps protect the environment and public health.
Marubeni Corporation will foster its investment in renewable energy, biomass, and hydrogen project to support Vietnam in achieving decarbonisation.
The last several months have been dynamic for the energy sector in Vietnam, with a number of key developments.
Vestas, a global leader in sustainable energy solutions, opened a new office in Ho Chi Minh City on November 3.
The Crown Prince couple of Denmark is leading a business delegation to Vietnam on November 1-2, consisting of more than 30 Danish companies with cutting-edge technology and know-how on sustainability and green 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.
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.
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.