Plan to power up energy sector Business

Plan to power up energy sector

Providing a sufficient source of energy to facilitate Vietnam’s industrialisation and modernisation while also ensuring national energy security remained a challenge as Vietnam and the region are importing more and more energy.
Indo-Pacific Business Forum held in Hanoi Business

Indo-Pacific Business Forum held in Hanoi

Senior government officials, industry executives and partners gathered in Hanoi on October 28 for the Indo-Pacific Business Forum (IPBF), which began in Hanoi on October 28.
PV GAS’s reports post-tax profit of 259 mln USD in nine months  Business

PV GAS’s reports post-tax profit of 259 mln USD in nine months

PetroVietnam GAS Corporation JSC (PV GAS), a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), raked in over 6 trillion VND (over 259 million USD) of post-tax profit in the first nine months of the year, exceeding the target set for the period by 27 percent.
Power transmission grid should be developed: insiders Business

Power transmission grid should be developed: insiders

As the country’s total power output will expand by 80,000 MW by 2030, while large sources are located far from centres, it is necessary to develop sufficient power transmission grid to ensure stable operation of the whole system, according to Deputy Minister of Industry and Trade Hoang Quoc Vuong.
Vietnam steps up clean energy development: report Business

Vietnam steps up clean energy development: report

The year 2020 marks a major turning point in the energy industry of Vietnam, with clean energy strengthening its solid position and establishing itself as a profitable sector with significant potential for development, while coal-fired thermal power no longer holding the position as a favoured energy source in the country.
Power sector seeking ways to grow further Business

Power sector seeking ways to grow further

Vietnam is striving for a commercial electricity output of 337.5 billion kWh by 2025 and 478.1 billion kWh by 2030, down 15 billion kWh and nearly 230 billion kWh compared with those in the adjusted Power Planning VII.