Financial powers scratch heads over coal shift
August 25, 2021 | 11:00
International institutions are making plans to buy off some of Vietnam’s coal-fired power plants to shut them down as quickly as possible – but while this could reduce greenhouse gas emissions dramatically, national energy security needs to be kept in balance.
Influential institutions look to wind down coal activities
August 18, 2021 | 08:00
Some international lenders, funds, and insurers are joining a growing list of financial institutions across the globe retreating from coal-fired power plants, particularly projects in Vietnam and other Asian nations, as concerns grow over the role that fossil fuels play in exacerbating the adverse impacts of climate change.
Debate intensifies on future of coal
May 11, 2021 | 15:00
After one major South Korean coal-fired power financier decided last month to withdraw its participation in foreign markets in the sector, questions have arisen on the feasibility of planned coal-based ventures. However, several experts evaluate the move as a signal for Vietnam to step up the transition from fossil fuels to renewable energies.
Japan's Toshiba retreats from coal-fired power stations
November 11, 2020 | 11:21
Japanese engineering giant Toshiba will stop constructing new coal-fired power plants and shift to renewable energy in a bid to reduce greenhouse gas emissions, a spokeswoman said Wednesday.
Coal-fired schemes on ice
December 25, 2019 | 11:00
The doors for coal-fired power projects in Vietnam are narrowing shut as international institutions and banks tighten financing and even exit coal-fired ventures, piling pressure on the country to create reasonable power sources for Vietnam’s future energy mix.
Siemens sizes up future projects in Vietnam
January 17, 2011 | 08:50
“I’ve been very impressed by efforts by the Vietnamese Government to improve the business environment.”
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