Energy is among potential fields for investment cooperation between Vietnamese and US firms, with Prime Minister Pham Minh Chinh announcing that Vietnam gives high priority to sustainable energy development to maintain national energy security and reduce greenhouse gas emissions, according to Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Pham Tan Cong.
The south central coastal province of Ninh Thuan has worked to turn itself among leading localities of Vietnam in renewable energy, with a total installed capacity of 3,475 MW as of late 2021.
The increasing proportion of clean energy such as solar and wind power in recent years has helped Vietnam diversify energy sources and reduce its dependence on imported energy, thus enhancing its national energy security, said Director of the Ministry of Industry and Trade’s Department of Electricity and Renewable Energy Hoang Tien Dung.
With the goal of helping to guarantee national energy security and in response to a downward trend in oil and gas extraction output, the Vietnam Oil and Gas Group (PetroVietnam) has identified the research and assessment of its opportunities in developing the hydrogen industry, including producing “green” hydrogen and exploring natural hydrogen sources, as a crucial task.
A contract on a bidding package worth 30 trillion VND (nearly 1.29 billion USD) on engineering, procurement and construction (EPC) of the Quang Trach 1 thermal power plant in the central province of Quang Binh was signed in Hanoi on June 17.
General Director of the Vietnam Oil and Gas Group (PetroVietnam) Le Manh Hung recently chaired a meeting to update the firm’s scientific research programme for 2021 - 2025.
Mastering technology and constantly creating innovations are the ongoing aims of scientific and technological development and application projects conducted by the Vietnam Oil and Gas Group (PetroVietnam). The success of such projects has generated trillions of VND for Vietnam, ensuring the profitability of oil and gas fields and plants and helping many localities improve people’s living standards.
A Vietnam Technology and Energy Forum convened on September 17 to boost technological applications for effective use of traditional energy sources and transfer of new energy technologies.
The Ministry of Industry and Trade has asked for stronger efforts to ensure national energy security, prioritise rapid and sustainable energy development in connection with protecting ecological environment, and ensuring national defence and security.
Electricity of Vietnam (EVN) has produced 7,185MW of power, accounting for 33.2 percent of Vietnam’s total power output in the 2016-20 period, according to the revised Power Development Master Plan (PDP) VII.
The National Energy Development Strategy by 2030, with vision to 2045 aims to ensure national energy security, which serves as a foundation for growth.
The success of Bien Dong project No.01 of the Bien Dong POC in the East Sea has affirmed the internal strength of the petroleum industry, contributing to ensuring national energy security.
Vietnam needs to take concerted measures to ensure national energy security, experts said at a conference on the role of the oil and gas sector in ensuring energy security held in Hanoi on July 18.
Vietnam Electricity (EVN) and the US Trade and Development Agency (USTDA) on May 22 finalised a grant agreement on technical assistance for a liquefied natural gas (LNG) terminal and gas-to-power project in southern Vietnam.
National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan had a working session with the Vietnam National Oil and Gas Group (PetroVietnam) in Hanoi on January 17, promising to handle difficulties in terms of policies and laws facing this sector.
The Mekong Delta province of Soc Trang will prioritise investors with technical and financial capacity to implement wind power projects in the province, according to local officials.
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