investors highlight bankruptcy risk with fit rules

Investors highlight bankruptcy risk with FiT rules

The Thai investors of over a dozen renewable energy ventures with a total scale of more than 1,400 MW are expected to meet with the Ministry of Industry and Trade to hash out the issue of retroactive changes to subsidised pricing for solar power projects.
certainty is paramount for energy project success

Certainty is paramount for energy project success

While Vietnam’s electricity demand is forecast to rise over 10 per cent annually, the growth of new energy sources and renewables ventures has slowed down. Stuart Livesey, member of the Offshore Wind Power Task Force under the Vietnam Energy Partnership Group, spoke with VIR’s Phuong Thu about solutions to encourage new energy sources.
vingroup eyes 30 billion investments in renewable energy and lng

Vingroup eyes $30 billion investments in renewable energy and LNG

Vingroup is keen on venturing into the energy sector with investments in renewable energy and liquefied natural gas (LNG) power plants, the company said on March 25.
energy tech enterprises play pivotal role with innovation

Energy tech enterprises play pivotal role with innovation

Vietnam’s energy transition plan is drawing acute interest from foreign funds, with more investments bestowed on local firms.
investors and legislation at odds on energy contracts

Investors and legislation at odds on energy contracts

Liquefied natural gas projects in Vietnam are facing bankability challenges which affect the country’s efforts in energy reform.
global energy flexibility markets to cut 1100gw of solar wind curtailment by 2040 unlocking 2100twh more power annually

Global Energy Flexibility Markets to Cut 1,100GW of Solar & Wind Curtailment by 2040, Unlocking 2,100TWh More Power Annually

Grid operators are investing heavily in expanding infrastructure to adapt to the proliferation of Distributed Energy Resources (DERs) and to mitigate the intermittency of renewable assets.
energy firms seek tariff clarifications

Energy firms seek tariff clarifications

Both foreign and domestic renewable energy firms have raised concerns over Vietnam’s proposed retroactive changes to subsidised pricing for solar and wind energy projects.
decree upgrade becomes electricity market catalyst

Decree upgrade becomes electricity market catalyst

When first issued, Decree No.80/2024/ND-CP was regarded as a groundbreaking move, serving as a significant catalyst for investors in renewable energy. However, it has already been replaced with a new regulation. Ngu Truong, managing partner and and Trang Nguyen, senior associate of law firm Vilasia, analyses the differences between both decrees, and deciphers if the move is a real boost for electricity market development.
plethora of advantages for norway vietnam partnership

Plethora of advantages for Norway-Vietnam partnership

Norway has advantages in innovative and sustainable solutions in areas such as renewable energy, shipbuilding, and the circular economy. Norwegian Ambassador to Vietnam Hilde Solbakken outlined to VIR’s Nguyen Thu the opportunities for cooperation between the two countries and suggestions to draw in more investors.
asia clean capital vietnam receives prestigious awards

Asia Clean Capital Vietnam receives prestigious awards

Two leaders from Asia Clean Capital Vietnam (ACCV) have been recognised with prestigious awards at Green Finance Week 2025 – Asia Edition. The event, organised by FirstVIEW, a leading global business intelligence company, took place on March 5, 2025, in Singapore.
japans erex obtains subsidy for biomass co firing project in vietnam

Japan's erex obtains subsidy for biomass co-firing project in Vietnam

Japanese renewable energy firm Erex Co., Ltd. will receive a government subsidy for biomass fuel co-firing tests at coal-fired power facilities in Vietnam.
new joint venture to make 390mw solar push in vietnam

New joint venture to make 390MW solar push in Vietnam

Banpu NEXT, a top net-zero solutions provider in the Asia-Pacific region, and SolarBK, a Vietnamese clean energy company, have agreed to establish a joint venture named Esco NEXT with the aim of expanding the market for the provision of renewable energy solutions for businesses and communities.
scatec closes sale of 39mw dam nai wind farm

Scatec closes sale of 39MW Dam Nai wind farm

Scatec ASA, a top renewable energy provider, announced on February 13 that it has completed the sale of the 39MW Dam Nai wind farm in Ninh Thuan province to SUSI Asia Energy Transition Fund.
stronger british investment in vietnam expected this year

Stronger British investment in Vietnam expected this year

British investment in Vietnam is expected to grow in key sectors such as renewable energy, digital transformation, advanced manufacturing, and finance. Denzel Eades, chairman of the British Chamber of Commerce (BritCham) in Vietnam, spoke with VIR’s Bich Thuy about future trends.
new law marks shift for electricity market

New law marks shift for electricity market

Last year the National Assembly issued the new Law on Electricity, which took effect from February 1. Pham Hoang Vu, associate and deputy head of project and infrastructure, and Pham Dac Hoang, junior associate of Indochine Counsel, outline key highlights of the law that could potentially transform Vietnam’s energy sector.
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