A flurry of high-profile decisions this year such as an electricity law update have propped up optimism in Vietnam’s renewables sector, according to an article published on the Singaporean website https://www.eco-business.com/ on December 26.
A specific regulatory framework for renewable energy development is needed to encourage private capital flows into this sector in Vietnam, including Ho Chi Minh City, a forum heard in HCM City on September 20.
Indonesia’s state-owned oil company, Pertamina, announced on June 21 that it will invest 6.2 billion USD over the next five years to expand its renewable energy development.
Many localities in the Mekong Delta region are focusing on attracting investment and developing renewable energy projects, helping to solve energy security issues and driving socio-economic breakthroughs in the region.
Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the United Nations, received Canadian Ambassador for Climate Change Catherine Stewart in New York on June 14.
The Minister of Natural Resources and Environment on Wednesday sent a message, highlighting seven focus points to fully unleash Asia’s potential for renewable energy development.
The Vietnam Oil and Gas Group (PetroVietnam) and the Asian Development Bank (ADB) on November 18 signed a Memorandum of Understanding (MOU) on establishing a strategic partnership for 2021 – 2024 to promote clean and renewable energy development, and help PetroVietnam achieve targets in green energy transition.
Vietnam wishes to promote cooperation with Austria in the field of energy, especially renewable energy and sustainable development, Minister of Industry and Trade Nguyen Hong Dien told State Secretary in the Federal Ministry for Climate Action, Environment, Energy, Mobility, Innovation and Technology Magnus Brunner on September 7.
The Mekong Delta Resilient Business Network (MRBN) has been established, announced the Vietnam Chamber of Commerce and Industry (VCCI) chapter in the Mekong Delta city of Can Tho and The Asia Foundation (TAF).
Vietnam will soon lead Southeast Asia in renewable energy development, Germany’s Energiezukunft highlighted in its latest article, describing the country’s energy transition as very impressive.
The World Bank stands ready to support and cooperate with Vietnam in many spheres like climate change response and renewable energy development, said WB Managing Director of Operations Axel van Trotsenburg on November 4.
The construction of the B&T wind farm cluster, the biggest foreign-funded renewable energy project in inland Vietnam, began in the central province of Quang Binh on September 20.
Indonesia's Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan and Andrew Forrest, Australian iron ore company Fortescue Metals Group (FMG) founder, have inked a cooperation agreement on renewable energy development for green industry.
Indonesia’s state electricity company PLN’s unit Pembangkitan Jawa Bali (PJB) will begin construction of the Cirata floating solar power plant at a cost of 129 million USD in West Java next year.
Vietnam Renewable Energy Week 2019 was launched in Hanoi on September 17 as part of efforts to implement the Government’s policies on renewable energy development.
A workshop on renewable energy development to meet rural electrification targets and energy access was held in Hanoi on August 21 as part of the Vietnam Renewable Energy Week 2018 underway in the country.
Vietnam always attaches importance to energy security, considering it a top priority in the country’s energy development policy and strategy, said Nguyen Van Binh, head of the Communist Party of Vietnam Central Committee’s Commission for Economic Affairs.
Vietnam needs a long-term renewable energy development vision in line with international commitments to improve its economic efficiency and environmental quality, mitigate climate change and modernise industries.
