As of December 31, Ho Chi Minh City is expected to continue leading the nation in valid FDI capital and project numbers, with total registered capital standing at 141.9 billion USD across 20,310 projects.
In megacities like Hanoi, Ho Chi Minh City, Hai Phong and Da Nang, curbing vehicle exhaust, scaling clean energy infrastructure and embedding tougher environmental rules into urban planning form the backbone of “clean city” ambitions.
According to the city’s roadmap, beginning in 2025, all newly launched bus routes will be required to use clean fuels such as electricity or compressed natural gas (CNG). The transition will culminate in a full conversion of the entire bus fleet by 2030.
This initiative supports the city’s green growth strategy and aligns with the national action plan on green energy transition and carbon emissions reduction, as directed by the Prime Minister.
The nationwide adoption of E10 fuel aligns with Vietnam’s commitment to achieving net-zero emissions by 2050 and accelerating its transition to a low-carbon, sustainable energy model.
Tran Luu Quang, Chairman of the Party Central Committee’s Commission for Policies and Strategies, praised AES’s investment performance in Vietnam in recent years and welcomed its long-term commitment, particularly in the field of green and clean energy that supports the country's development and energy transition.
The same morning, he attended the Vietnam – Spain Business Foum where various cooperation initiatives from both nations were highlighted, including those in green transition, high-quality human resources training, supply chain development and Vietnam House Logistics Centre establishment.
In addition to traditional areas of cooperation, Vietnam and the CEE countries will also enhance collaboration in smart agriculture, digital transformation, and green transition. Vietnam is also prepared to act as a bridge to help the CEE countries deepen their engagement with the Association of Southeast Asian Nations (ASEAN) and the Asia-Pacific region, the Deputy PM stated.
The State should devise a strategy for developing the shipbuilding industry, including investing in and upgrading infrastructure, equipment, and technology, as well as devising policies to promote supporting industries, said insiders.
Vietnam is focusing on the development and application of green energy technologies, including the technology surrounding wind turbine blades and solar panel production, as it wants to fully tap its advantages in geography and climate to develop renewable energy.
It aims to mobilise domestic and international resources for power sector development, adopt co-firing technology with clean fuels to gradually reduce emissions from coal-fired plants, phase out outdated and inefficient facilities, and accelerate renewable energy expansion to ensure stable and affordable electricity supply.
Beyond traditional sectors, Saskatchewan is eager to expand ties with Vietnam in renewable energy, mineral extraction and processing, and innovation, Kaeding noted.
About a decade ago, Chinese car brands like Zotye Z8, Beijing X7, and Brilliance V7 entered the Vietnamese market to limited success. But a new fleet of modern Chinese vehicles began to gain traction in the Vietnam market last year.
Indonesia can produce battery materials using green energy while still paying attention to carbon emissions.
Vietnam has become one of the leading Southeast Asian countries in renewable energy development, particularly solar and wind power, with a commitment to achieving net-zero emissions by 2050.
Prime Minister Pham Minh Chinh and his Polish counterpart, Donald Tusk, held talks in Warsaw on January 16, focusing on elevating bilateral relations.
Ho Chi Minh City plans to convert its public bus network to electric and green energy vehicles by 2030, with 100% of new bus routes opened from 2025 using electricity.
Indonesia's Institute for Essential Services Reform (IESR) announced on October 21 that the country’s installed solar power capacity has surpassed 700 MW. However, further acceleration is needed to meet global climate targets.
The Vietnam Motor Show 2024 will take place in Ho Chi Minh City from October 23-27, featuring green energy initiatives, organisers announced at a press conference on September 26.
Indonesian President Joko Widodo has said that the country should strive to optimise its geothermal resources which can generate about 24,000 megawatts of electricity.