Banks roll out green credits for eco-friendly approach

Banks roll out green credits for eco-friendly approach

Since the adverse impacts of climate change are better understood, many financial institutions operating in Vietnam are taking bold steps to finance and facilitate green and eco-friendly loan packages as an essential part of their sustainable investment and net-zero pledges.
Strong DPPA scheme desired

Strong DPPA scheme desired

The Minister of Industry and Trade is likely to sign a draft circular regulating a pilot project for electricity purchases and sales between renewable energy generators and consumers under direct power purchase agreements.
Group radiating firm eco-friendliness

Group radiating firm eco-friendliness

Locally-invested TH Group is applying high technology to produce electricity to fuel its production, save costs, and contribute to ensuring national energy security and environmental protection.
Banpu reveals green business plan strategy

Banpu reveals green business plan strategy

Leading global energy provider Banpu Pcl. has kicked off its 5-year business plan to drive a greener and smarter strategy forward by leveraging technology and digital tools across the organisation, accelerating the growth and transition towards green energy to embrace future trends.
Preparation crucial for banks to avail of green credit trends

Preparation crucial for banks to avail of green credit trends

Many foreign and Vietnamese financial institutions are now enthusiastically enforcing green loans or bonds as they continue to work towards transition to a low carbon economy. However, issues such as debtors’ leverage ratio or energy project quality are a
Conditions in place for offshore development

Conditions in place for offshore development

Reducing the cost of capital for offshore wind power projects in Vietnam will be the main driver for lowering electricity costs and encouraging investment in such projects, argue several international energy experts, with the right government policies needed to be implemented quickly to follow through with the country’s energy development schedule.
Green growth strategy receives helping hand

Green growth strategy receives helping hand

The international community is willing to cooperate with Vietnam to implement projects in clean energy to help the country implement its national green growth strategy. 
High hopes for PDP8 reform of energy mix

High hopes for PDP8 reform of energy mix

The Ministry of Industry and Trade has submitted the National Power Development Plan 8 for approval within this government tenure.
Arduous path to LNG success

Arduous path to LNG success

Vietnam has put a strong focus on LNG, which – though being a fossil fuel – promises to outrun coal with its higher cost efficiency and lower emissions.
GE highlights gas potential in low-carbon energy production

GE highlights gas potential in low-carbon energy production

In its latest Whitepaper on energy transition builds, GE has reiterated its commitment to carbon neutrality in its operations by 2030.
Local consideration required in Vietnam’s energy advance

Local consideration required in Vietnam’s energy advance

Solar power farms have been emerging across the nation, offering tremendous advantages for those who can utilise them on their farmland, as well as contributing to a more sustainable energy footprint that counteracts climate change.
LNG driving FDI picture so far in 2021

LNG driving FDI picture so far in 2021 1

Vietnam is quickly becoming one of the most promising liquefied natural gas import markets in Asia, with major foreign players pouring billions of US dollars into the country this year.
New phase on horizon for solar power development

New phase on horizon for solar power development

Vietnam, a rising star in Asia in solar power development, is to slash feed-in tariffs for rooftop solar installations this month, hoping to release some of the pressure on the national power grid that was exacerbated by the previous generous tariff that lasted until the end of December, as well as to prevent fraud for solar farming.
Adjusting to new energy methods in Ninh Thuan

Adjusting to new energy methods in Ninh Thuan

The development of renewable energy is deemed necessary to generate benefits for all aspects of socioeconomic development.
Capital mobilisation query leads power plan analysis

Capital mobilisation query leads power plan analysis

The third draft of the National Power Development Plan 8 (PDP8) is 843 pages thick but only nine of these cover financial issues, with an average mobilisation of $13 billion per year until 2045.
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