Syre Group eyes $1 billion investment in Binh Dinh textiles facility

Syre Group eyes $1 billion investment in Binh Dinh textiles facility

Syre Group plans to build a high-tech fabric production complex in Binh Dinh province, potentially investing as much as $1 billion.
MoIT proposes delaying offshore wind power until after 2030

MoIT proposes delaying offshore wind power until after 2030

The Ministry of Industry and Trade (MoIT) has proposed delaying the development of offshore wind power until after 2030.
Vietnam and Germany applaud success of solar power initiative

Vietnam and Germany applaud success of solar power initiative

The Commercial and Industrial Rooftop Solar scheme ran from February 2021 until January 2025.
Proposal made for direct purchase of biomass electricity

Proposal made for direct purchase of biomass electricity

The MoIT has proposed biomass electricity be permitted to participate in the DPPA scheme.
Ninh Thuan’s renewable projects facing delays

Ninh Thuan’s renewable projects facing delays

Two solar power projects in Ninh Thuan are awaiting a revised implementation plan for an extension, while wind power projects have yet to begin construction.
PetroVietnam proposed to pilot OSW projects

PetroVietnam proposed to pilot OSW projects

The MoIT has been tasked with reporting on the necessary procedures for assigning PetroVietnam to conduct surveys for OSW power.
Vietnam exploring nuclear energy development

Vietnam exploring nuclear energy development

The government has directed the MoIT to study nuclear energy practices from other countries.
EVN's improper tariffing results in $36 million loss

EVN's improper tariffing results in $36 million loss

The Ministry of Public Security has called for the prosecution of Hoang Quoc Vuong and 11 others for alleged abuse of power and negligence.
Vietnam considers differential solar rates for north

Vietnam considers differential solar rates for north

The Ministry of Industry and Trade is to assess the feasibility of raising the purchase rate for excess electricity to 20 per cent in the northern region.
MoIT report addresses offshore wind project concerns

MoIT report addresses offshore wind project concerns

The MoIT has proposed that state-owned enterprises such as EVN, PVN, or the Ministry of Defence should pilot offshore wind power projects.
Import-export heads in right direction

Import-export heads in right direction

Vietnam’s export-import landscape is regain momentum on the back of recovering demands from many foreign markets, with a large trade surplus recorded.
Excess rooftop solar power sales capped at 10 per cent of capacity

Excess rooftop solar power sales capped at 10 per cent of capacity

Deputy Prime Minister Tran Hong Ha has instructed the Ministry of Industry and Trade to present a plan for households to sell excess rooftop solar power.
Vietnam authorises DPPA for rooftop solar and biomass projects

Vietnam authorises DPPA for rooftop solar and biomass projects

A new decree focuses on rooftop solar, waste-to-energy, and biomass projects.
South Korean conglomerates seek investment framework for wind and gas energy

South Korean conglomerates seek investment framework for wind and gas energy

Several South Korean conglomerates want legal and financial support to facilitate investments in wind and gas power projects.
Domestic exports continue to flourish

Domestic exports continue to flourish

Vietnam is in the top 14 countries with the highest export/GDP ratio in the world.
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