Vietnamplus

Climate change is one of the world’s biggest threats, and reducing emissions is the priority for all countries in the world and the lodestar for investment trends.

In 2023, the Vietnam Atomic Energy Institute (VINATOM) will push ahead with researching and applying atomic energy for peaceful purposes and socio-economic development.

Prime Minister Pham Minh Chinh chaired a meeting of permanent Cabinet members in Hanoi on January 27, speaking of new energy of the nation following Tet (Lunar New Year), the biggest festival in Vietnam.

The Ministry of Industry of Thailand has emphasized the importance of manufacturers seriously embracing renewable energy, highlighting higher electricity bills as a critical factor in bringing firms’ attention to this issue.

Indonesia is scheduled to host the World Hydropower Congress (WHC) 2023 in Nusa Dua, Bali, from October 31 to November 2 under the theme “Powering Sustainable Growth”.

National Assembly (NA) Chairman Vuong Dinh Hue on January 17 held talks with Speaker of the Republic of Korea (RoK)’s NA Kim Jin-pyo who is on an official visit to Vietnam from January 12-18.

The Ministry of Industry and Trade has recently introduced new ceiling prices for solar and wind energy in Vietnam.

Government-backed financial institutions from Japan, the US, and Australia have pledged to support Vietnam's efforts to cut carbon emissions, according to the chairman of the Japan Bank for International Cooperation (JBIC).

As a coastal country and a member of the United Nations Convention on the Law of the Sea (UNCLOS) 1982, Vietnam believes that all activities of international cooperation, including maritime cooperation, need to be in line with international law, especially the UNCLOS, stated Foreign Ministry's Deputy Spokesperson Pham Thu Hang.

The Vietnam Oil and Gas Group (PetroVietnam) should focus on digital transformation and energy transition, Prime Minister Pham Minh Chinh said while addressing the group's conference in Hanoi on January 10 to review its 2022 activities and launch tasks set for 2023.

The United Nations Development Programme (UNDP) stands ready to support the Vietnamese government in the detailed formulation and implementation of the Just Energy Transition Partnership (JETP) resource mobilisation plan right in 2023, UNDP Resident Representative in Vietnam Ramla Al Khalidi has affirmed.

Chairman of the National Assembly Vuong Dinh Hue expressed his hope that Vietnam and Australia will expand cooperation in energy transition during his reception for Treasurer of Australia’s Victoria state, Tim Pallas, in Hanoi on January 9.

Japanese oil and gas driller Inpex has announced that it invested in a geothermal energy project in Indonesia and will study the potential to develop a power plant in the Southeast Asian nation.

The Indonesian government is looking to a new agency to boost foreign direct investment (FDI) in the nuclear energy industry, despite concerns surrounding the development of nuclear power plants.

The global energy and food crisis, central banks’ interest rates hike to cope with inflation and the establishment of the COP27 “loss and damage” fund, were among the top 10 world economic events in 2022, as selected by the Vietnam News Agency (VNA).

Cities play a vital role in efforts to reduce global greenhouse gas emissions and protect the environment, as they account for two thirds of the total energy consumption and 70% of greenhouse gas emissions.

Vice President Vo Thi Anh Xuan on December 22 lauded the Russia-Vietnam oil and gas joint venture Vietsovpetro and the Vietnam Oil and Gas Group (Petrovietnam) for their achievements in 2022, contributing to ensuring energy security, state budget revenue, and economic diplomacy.

The Asian Development Bank (ADB) has signed a 107 million USD financing project with BIM Wind Power Joint Stock Company (BIM Wind) to assist the operation of an 88 MW wind farm in the south central province of Ninh Thuan.

The Australian Government is increasing its support for partners in Southeast Asia to help their transition to net zero, and Vietnam is central to these efforts, David Gottlieb, Australian Acting Deputy Ambassador to Vietnam, told the recent fifth Vietnam Economic Forum.

JETP will help Vietnam to realize its ambitious carbon neutrality target by 2050, accelerating the transition from fossil fuels to clean energy.