Hanoi (VNA) – Andrea Fais, Editor-in-Chief of Scenari Internazionali magazine based in Perugia, Italy, has praised Vietnam’s energy security strategy, highlighting its shift from a supply-focused mindset toward a proactive, diversified and sustainable model.
He noted that Vietnam is promoting renewable energy, improving efficiency, and developing a competitive and transparent energy market to support rapid growth and deeper global integration.
Like other Asia-Pacific economies, Vietnam is closely monitoring developments in the Gulf region. Despite possessing considerable oil and gas reserves, rapid industrialisation has made the country a net importer of both gas and oil.
Fais noted that Vietnam’s goal of becoming a high-income economy by 2045 will require sustained per capita GDP growth of around 6% annually over the next two decades, driven by higher productivity and a transition towards innovation-based and sustainable development models, alongside energy and ecological transformation.
Vietnam’s Environmental Industry Development Programme for 2025–2030 outlines measures supporting wastewater and emissions treatment, solid and hazardous waste management, and environmental monitoring systems.
In the long term, optimising the energy mix through efficient national distribution infrastructure will be crucial. While reducing external dependency risks remains important, Fais stressed that no country can achieve complete energy independence in an interconnected world. Regional initiatives such as the ASEAN Power Grid and the ASEAN Plan of Action for Energy Cooperation 2026–2030 will therefore play an important role in enhancing supply resilience and accelerating energy transition.
The scholar also shared Italy’s experience in responding to energy shocks while maintaining long-term strategies, noting the country’s measures to control domestic fuel prices and international cooperation efforts to strengthen energy ties with partners.
Global crises, especially in Eastern Europe and the Middle East, he said, have prompted Italy to reassess its long-term energy security strategy. With installed renewable capacity reaching about 83.5 GW, renewables accounted for 41% of Italy’s electricity demand in 2025, according to grid operator Terna, though fossil fuels continue to play an essential role.
Fais noted that economic globalisation has deepened interdependence in energy markets, requiring more pragtical and proactive diplomatic approaches from Europe in addressing international crises./.
See more
SaigonTex – SaigonFabric 2026 to showcase latest industry trends
Expected to draw more than 32,000 trade visitors, the event ranks among the largest specialised international exhibitions in textiles, machinery, materials and fabrics.
HSBC arranges 200 million USD loan for GELEX Infrastructure JSC
According to Tim Evans, CEO and Head of Banking, Legal Representative at HSBC Vietnam, the deal was completed amid challenging market conditions and a tight execution timeline. The syndicated loan drew strong interest from lenders and was structured to align with GELEX Infrastructure’s medium-term funding requirements.
Russia eyes expanded technological footprint in Asia through Vietnam’s nuclear project
For Vietnam, the agreement marks the culmination of years of deliberation and signals a return to nuclear power development. For Russia, meanwhile, large-scale projects such as Ninh Thuan 1 provide a solid foundation to expand its presence in Asia and export its nuclear technologies and infrastructure.
Indonesian expert offers ideas for Vietnam’s energy security
Vietnam is shifting from a mindset of “ensuring sufficient energy supply” toward a framework of “safe, self-reliant, and sustainable energy”, said an Indonesian expert.
Can Tho seeks to expand investment cooperation with Indian partners
In recent months, many Indian enterprises have sought investment opportunities in Vietnam, particularly in technology, food processing, machinery, and the application of artificial intelligence in agriculture, via the Indian Consulate General in Ho Chi Minh City, said Consul General Vipra Pandey.
Australia’s three-tier response offers lessons for Vietnam’s energy security
In the longer term, Vietnam should align clean energy industrial policy with supply chain security, while enhancing institutional coordination to ensure a balanced approach to growth, affordability, sustainability and energy security.
Vietnam becomes Southeast Asia’s second-largest importer of European poultry
Poland remained the dominant European supplier to Vietnam, exporting more than 37,300 tonnes last year. France followed with about 4,900 tonnes, while Hungary, Italy and the Netherlands supplied 4,680 tonnes, 2,750 tonnes and 2,170 tonnes, respectively.
Sun PhuQuoc Airways launches its first international route to Taipei
On March 29, 2026, Sun PhuQuoc Airways - the airline of Sun Group - officially launched its first international route connecting Phu Quoc and Taipei (Taiwan, China), marking the initial step in its strategy to connect Phu Quoc with the world and gradually position the island as one of Vietnam’s emerging international gateways.
Bank account names must match ID information from April 1: Central bank
Under the new regulation, banks will discontinue services that allow customers to assign nicknames, or “iNick”, to their accounts.
Deputy PM’s visit to US sparks strong interest in Vietnam int’l financial centre
The Vietnamese Government will continue to accompany and support investors, particularly in emerging financial sectors still in the experimental stage, Deputy Prime Minister Nguyen Hoa Binh stated, showing the hope that US partners will accompany Vietnam throughout the development and operation of the centre, helping position the Southeast Asian country as a vital link in the global financial network.
Expert suggests learning from Singapore’s energy security approach amid supply shocks
Vietnam should adopt approaches similar to Singapore's, including attracting major global energy investors to key hubs such as Nghi Son, Vung Tau and Hai Phong. Such investments will not only drive growth but also strengthen national energy security and competitiveness.
Vietnam Railways Corporation to become Vietnam National Railways Group
Under the plan, the operating model of parent–subsidiary companies of the Vietnam Railways Corporation will be transformed into a model of parent–subsidiary companies of the Vietnam National Railways Group. The move is intended to strengthen its capacity to undertake and implement assigned tasks.
Da Nang aims to become attractive destination on global maritime map
Once fully operational, the Lien Chieu port complex is expected to expand cargo handling capacity in central Vietnam, support export growth and reinforce the country’s ambition to become a key logistics node in regional maritime networks.
Vietnam’s food sector urged to move up global value chains
Within Vietnam’s food industry, only a handful of firms, including Vinamilk and Masan Group, have achieved large-scale operations, while most businesses remain small. As a result, the highest value-added gains largely belong to companies that dominate branding and downstream markets.
Dung Quat refinery operates above capacity in first quarter
The refinery produced 2.03 million tonnes of petrol products, achieving 105% of its management plan, while sales volume reached 2.02 million tonnes, equivalent to 113% of the target. As a result, key financial indicators, including revenue, profits and contributions to the state budget, all exceeded planned levels.
Data, digitalisation key to unlocking sustainable growth in Vietnam’s agriculture
Close coordination among the State, businesses and farmers is also crucial. While the State provides regulatory frameworks, enterprises drive the market, and farmers supply data, effective incentives are needed to encourage farmers’ participation. When tangible benefits are clear, farmers will be more willing to adopt technology and engage in the digital ecosystem
Vietnamese start-up in France pioneers women’s and girls’ healthcare
Operating under the name Hexa, the company goes beyond commercial ambitions, placing women’s and girls’ health at the centre of its long-term development strategy.
Reference exchange rate remains stable on March 30
The State Bank of Vietnam set the daily reference exchange rate at 25,100 VND/USD on March 30, remained unchanged from the last working day of the previous week.
Gia Lai, Lao provinces sign cooperation agreement
Gia Lai province signed a cooperation agreement for the 2026–2030 period with the four southern Lao provinces of Attapeu, Champasak, Salavan and Sekong at a conference held in the Vietnamese locality on March 29.
Vietnam, HSBC accelerate push for credit upgrade and global capital inflows
At a recent meeting with an HSBC delegation led by Group CEO Georges Elhedery, Finance Minister Nguyen Van Thang highlighted the importance of an early credit upgrade to reinforce macroeconomic stability, reduce borrowing costs and strengthen investor confidence, while calling for continued technical support from the bank.