Business

RoK’s group eyes eco-friendly energy market in Vietnam

The Republic of Korea’s Doosan Group said it is eyeing to expand eco-friendly energy investment in Vietnam as one of the future strategies that it is aiming at the potential clean energy market in the Southeast Asian country.
RoK’s group eyes eco-friendly energy market in Vietnam ảnh 1Nghi Son 2 Power Limited Liability Company (Photo: VNA)

Seoul (VNA) – The Republic of Korea’s DoosanGroup said it is eyeing to expand eco-friendly energy investment in Vietnamas one of the future strategies that it is aiming at the potential clean energymarket in the Southeast Asian country.

Doosan Enerbility company has signed agreementswith three companies operating thermal power plants in Vietnam to promote an environmentallyfriendly fuel conversion project. The signing ceremony was held within theframe work of the just-concluded state visit to Vietnam by the RoK’s President Suk Yeol.

The RoK’s firm and Nghi Son 2 Power Limited LiabilityCompany have signed a memorandum of understanding (MoU) on energy collaborationto research the application of carbon reduction solutions in electricityproduction, coal consumption, and greenhouse gas emission.

The Vietnamese government has been accelerating thetransition to eco-friendly fuels with a plan to reach net zero carbon emissionsby 2050.

In 2020, coal accounted for about 30% of power plants' capacity in Vietnam. The sector is considered tohave a great potential in the future transition to clean energy./.

VNA
#RoK #eco-friendly energy #Nghi Son 2 Power Limited Liability Company #Vietnam #Vietnamplus #Vietnam News Agency Korea (RoK)
Follow VietnamPlus

Related News

Nghi Son Refinery supplies 20 million tonnes of petroleum to domestic market

Nghi Son Refinery supplies 20 million tonnes of petroleum to domestic market

Nghi Son Refinery and Petrochemicals LLC (NSRP) in the Nghi Son Economic Zone in the central province of Thanh Hoa has successfully loaded two shipments of gasoline and middle distillate to the Vietnam Oil and Gas Group's Nghi Son Refinery Distribution Branch (PVNDB) in accordance with the off-take agreement signed between the two sides since 2013.
Nghi Son refinery reaches new milestone

Nghi Son refinery reaches new milestone

Nghi Son Refinery and Petrochemical LLC (NSRP) has delivered two petrol shipments to the Nghi Son Refinery Distribution Branch (PVNDB), an affiliated company of the Vietnam Oil and Gas Group (PetroVietnam). ​

See more

At the working session (Photo: VNA)

Can Tho, Guangxi seek collaboration in logistics, supply chains

Chinese investors now back 35 projects in Can Tho with registered capital of nearly 1.2 billion USD. In the first seven months of 2026, Can Tho’s exports to China hit 77.5 million USD, while imports stood at 64.7 million USD. Key exports included rice, seafood, farm produce, processed agricultural products and apparel while main imports comprised agricultural chemicals, veterinary medicines, fertilisers, chemicals, fabrics and other materials and inputs.

Vietnamese Minister of Finance Ngo Van Tuan grants an interview to the Vietnam News Agency (VNA). (Photo: VNA)

Vietnam, Russia move to boost financial cooperation

On bilateral economic, trade and investment ties, Tuan said two-way trade hit 3.24 billion USD in the first seven months of 2026, up 12% from a year earlier. Vietnam’s exports to Russia totaled 1.33 billion USD, while imports amounted to 1.91 billion USD.

Cai Mep - Thi Vai Port complex in Ho Chi Minh City (Photo: VNA)

Ho Chi Minh City seeks to make seaports new growth driver

To maximise its seaport advantages, Ho Chi Minh City is developing smart and green ports while promoting clean energy, lower emissions and sustainable supply chains. It aims to establish an integrated ecosystem linking seaports with industrial parks, logistics centres, free trade zones, multimodal transport networks and an international financial centre.

Farmers visit the off-season durian orchard of Cao Chi Dai in Vinh Hanh commune, An Giang province (Photo: VNA)

Vietnam promotes finance for green agriculture

Over the past five years, Vietnam has developed and gradually implemented a green finance system to support low-emission and environmentally friendly production, including agriculture. Based on the State Bank of Vietnam's Directive No. 03/CT-NHNN dated March 24, 2015, banks including BIDV, VCB, HDBank and Agribank have introduced green credit packages for waste treatment, high-tech agriculture, digital transformation, regional linkages and emission reduction across production chains.

An overview of the meeting between representatives from Polish businesses and the Agency for Domestic Market Surveillance and Development. (Photo: Agency for Domestic Market Surveillance and Development)

Polish businesses seek suppliers, partners in Vietnam

MAJAMI, a confectionery manufacturer and trader under Sweet House, is seeking distributors for Polish confectionery products in the Vietnamese market. Meanwhile, GABONA, a distributor and wholesaler of professional cosmetics, hair care and make-up products and beauty accessories, is looking for Vietnamese manufacturers of vegan and natural cosmetics.

Kendra Rinas, Chief of Mission for IOM Vietnam speaks at the event. (Photo: VNA)

Vietnam advances in building, using migrant labour data system: workshop

Data presented in the report reflects effective migration governance in recent years. The average recruitment cost paid by migrant workers dropped by 23.8%, from 164.9 million VND (6,400 USD) in 2021 to 125.7 million VND in 2025. Conversely, average first-month earnings abroad rose by 25.4%, increasing from 22.4 million VND to 28.1 million VND.

Workers produce leather shoes for export at Lefaso Tra Vinh Investment and Production Joint Stock Company in Tra Cu commune, Vinh Long province. (Photo: VNA)

Vietnamese exporters pivot to ease pressure from US tariffs

Pressure from the new US tariff policy is prompting Vietnamese exporters to reassess their strategies. Rather than pursuing volume-driven growth, many are shifting towards higher-value orders, tighter cost control, greater productivity and a more balanced allocation of markets to reduce reliance on a single destination.

A worker handles and stacks goods. Nearly 138,100 businesses were newly founded from January to August, up 7.7% over the same period last year, while more than 40,800 businesses completed dissolution procedures, a jump of 125.5%. (Photo: VNA)

Firm entry and exits point to continued restructuring pressure

Updates from the National Statistics Office last week showed that nearly 138,100 businesses were newly founded from January to August, up 7.7% over the same period last year, while more than 40,800 businesses completed dissolution procedures, a jump of 125.5%.