The Ministry of Industry and Trade (MoIT) is collecting opinions on the draft National Energy Master Plan for 2021-2030 with a vision to 2050 to ensure national energy security.
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.
The Vietnam Oil and Gas Group (PetroVietnam) sustained its production and business activities in the first eight months of 2020 despites many oil and gas firms around the world struggling with the “dual crisis” of COVID-19 and prolonged low oil prices.
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.
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.
New policies are in the making to allow foreign firms to gain greater footing in Vietnam's petrol retail market, according to the Ministry of Industry and Trade (MoIT).
The Vietnam Oil and Gas Group (PetroVietnam) has announced that its exploration of the Ken Bau-2X well, located in the Red River Basin offshore of Vietnam’s northern continental shelf, helped the firm fulfil its plan of increasing oil and gas reserves in 2020 ahead of schedule.
The energy sector has grown into a large-scale industry with dynamic growth, but specific mechanisms are needed for the sector to develop further, heard the Vietnam Energy Summit 2020 which opened in Hanoi on July 22.
Mechanisms for developing the energy sector in line with the Politburo’s Resolution No.55-NQ/TW on orientations to national energy development till 2030 with a vision to 2045 are under focus at the Vietnam Energy Summit 2020 which opened in Hanoi on July 22.
To promote the development of renewable energy, there should be a prioritised policy mechanism on electricity prices and loan interest rates, according to Dr. Nguyen Manh Hien, President of the Scientific Council at the Vietnam Clean Energy Association.
Under the Government’s scheme on developing solar energy in Vietnam, central Quang Binh province has become home to 180 solar power projects and the number is expected to rise in the time to come.
Authorities want to maintain the petrol price stabilisation fund as a tool to keep retail prices stable and give them the ability to intervene in the market when necessary.
The Mekong Delta city of Can Tho on April 21 launched a project on promoting low-carbon transformation in the energy sector for the 2020-2030 period and with a vision to 2050.
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.
Indonesia strives to raise combined capacity of geothermal projects to 1 gigawatt (GW) in 2030, according to the country’s Ministry of Energy and Mineral Resources (EMR).