Swedish-funded programme helps develop energy sector
The Vietnam-Sweden Rural Energy
programme (VSRE) has helped raise Vietnam’s capacity in planning,
developing and managing renewable energy sources.
The Vietnam-Sweden Rural Energy
programme (VSRE) has helped raise Vietnam’s capacity in planning,
developing and managing renewable energy sources.
The statement was made by the Ministry of Industry and Trade’s Energy Department Deputy Director Pham Hung in a seminar held in Hanoi on December 14 to sum up what the programme achieved over the period 2003-2009.
In addition, the programme helped improve socio-economic and cultural life of ethnic minority people in the northern mountainous province of Ha Giang and central coastal province of Quang Nam, Hung said.
VSRE was funded by the Swedish government via the Sweden International Development Agency (SIDA) with an amount of over 50 million SEK (over 7 million USD).
Ludovic Lacrosse, VSRE chief advisor, confirmed that the programme built up a framework of technical standards which are essential for designing and managing renewable energy projects in Vietnam.
Based on VSRE studies, the Asian Development Bank (ADB) provided Vietnam with a soft loan of more than 151 million USD to help the country carry out renewable energy projects for rural areas.
According to the Ministry, Sweden has granted up to 600 million SEK and provided preferential loans worth 500 million SEK for Vietnam ’s electricity industry since the two countries set up diplomatic ties 40 years ago./.
The statement was made by the Ministry of Industry and Trade’s Energy Department Deputy Director Pham Hung in a seminar held in Hanoi on December 14 to sum up what the programme achieved over the period 2003-2009.
In addition, the programme helped improve socio-economic and cultural life of ethnic minority people in the northern mountainous province of Ha Giang and central coastal province of Quang Nam, Hung said.
VSRE was funded by the Swedish government via the Sweden International Development Agency (SIDA) with an amount of over 50 million SEK (over 7 million USD).
Ludovic Lacrosse, VSRE chief advisor, confirmed that the programme built up a framework of technical standards which are essential for designing and managing renewable energy projects in Vietnam.
Based on VSRE studies, the Asian Development Bank (ADB) provided Vietnam with a soft loan of more than 151 million USD to help the country carry out renewable energy projects for rural areas.
According to the Ministry, Sweden has granted up to 600 million SEK and provided preferential loans worth 500 million SEK for Vietnam ’s electricity industry since the two countries set up diplomatic ties 40 years ago./.
You should also see
Dien Bien Phu Victory echoes, 70 years on
Seventy years ago, Vietnam won the Dien Bien Phu battle, forcing the French government to sign the Geneva Agreement in July 1954 and marking the end of the French military presence in the whole Indochina.
See more
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
Business
Overseas remittances to HCM City record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Business
Thu Duc city seeks investment in 11 PPP projects
Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
Videos
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
