Hanoi (VNS/VNA) - Shifting to renewable energy and modern technologies is no longer a policy option but an inevitable direction for Vietnam to ensure energy security, environmental protection and sustainable development.
That was the key message at the forum 'Energy technology in the new era – essential foundation for rapid and low-carbon growth', held in Hanoi on July 29. The event, hosted by VnEconomy, attracted more than 150 delegates from ministries, sectors, institutes, universities, international organisations, and leading energy enterprises.
Dr Ta Dinh Thi, Vice Chairman of the National Assembly’s Committee for Science, Technology and Environment, said Vietnam was undergoing rapid change amid Industry 4.0 and facing global challenges such as pollution, climate change, energy insecurity and resource depletion. This context required a decisive transition in the energy sector, based on science, technology, and innovation.
According to the Ministry of Industry and Trade, electricity demand in Vietnam is growing rapidly and is expected to increase by 8-10% per year over the next decade. Meanwhile, traditional domestic energy sources are depleting, and since 2015, Vietnam has begun to import electricity. The country is also highly vulnerable to climate change, with estimated losses of up to 3.2% of GDP annually.
To address these challenges, Vietnam has taken important steps to promote energy transition. Resolution No 55-NQ/TW of the Politburo, issued in 2020, sets out the national energy development strategy through 2030, with a vision to 2045. It outlines goals to build a strong, self-reliant, and modern energy sector, develop energy science and technology and enhance the domestic energy industry.
Currently, the Party is conducting a mid-term review of this resolution to develop a new strategy and vision in line with new trends and tasks.
At the legislative level, the National Assembly has passed several laws and amendments related to energy transition. These include the revised Law on Electricity (2024), the Law on Atomic Energy (2025), the revised Law on Economical and Efficient Use of Energy (2025) and the Law on Science, Technology and Innovation (2025).
Vietnam’s energy development roadmap is also shaped by the Power Development Plan VIII (PDP8) and its adjusted version, which prioritise renewable energy. By 2030, the share of renewable energy (excluding large hydropower) is expected to reach 28–36% of installed capacity. By 2050, it is projected to increase to 74–75%.
Thi emphasised that science and technology would play a central role in this transition. He proposed five groups of breakthrough solutions for developing the energy sector in the new era.
These include developing domestic renewable energy industries with a focus on wind, solar, and biomass; researching and developing future energy technologies such as green hydrogen, green ammonia, energy storage, carbon capture and storage, and carbon recycling; applying digital technology and AI to smart grid management and demand response; improving institutions and policies, particularly on electricity pricing and green finance; and building a complete energy industry ecosystem including human resources and support for domestic enterprises.
He added that the recent Resolution No 57-NQ/TW of the Politburo on promoting science, technology, innovation, and digital transformation to 2030 and beyond provided a timely political basis for accelerating energy transition.
Thi called on scientists, experts and businesses to continue contributing policy recommendations to the National Assembly and Government.
“With the right direction, breakthrough solutions, and the active participation of the whole political system and society, Vietnam will build a strong, self-reliant, and modern energy sector to meet the demands of national development in the new era,” he said.
Dr Phan Xuan Dung, Chairman of the Vietnam Union of Science and Technology Associations (VUSTA), also stressed that science and technology would be key to addressing energy challenges and promoting socio-economic development. He said Vietnam’s energy industry had made positive progress, but still faced many challenges, especially in modernising infrastructure and applying new technologies.
“To seize opportunities, we need to build policies to promote technology transfer, research, and innovation, especially by connecting scientists, universities and enterprises,” he said.
Dao Quang Binh, Vice Chairman of the Editorial Council and Secretary General of VnEconomy, said the forum aimed to share experiences and seek feasible solutions to build a sustainable and resilient energy system. He noted that the current power shortages in some localities showed that a stable and green energy supply was becoming an urgent issue.
Delegates at the forum discussed a wide range of topics, from policy and legal frameworks to scientific and technological solutions for energy development. They focused on how to apply new technologies, remove institutional barriers, and mobilise resources for the energy transition.
The forum was expected to provide practical inputs to support policymaking and encourage the development and application of advanced energy technologies to meet the country’s low-carbon growth goals./.
See more
Lam Dong expands community-led models to combat IUU fishing
The initiatives place fishermen at the centre of enforcement efforts, promoting community self-management while strengthening coordination between local authorities and relevant agencies in managing offshore fishing activities.
Vietnam, Cambodia promote cross-border e-commerce to bolster exports
An official expressed confidence that stronger cooperation in cross-border e-commerce will become a new growth channel, contributing to the realisation of the bilateral trade target while supporting the digital economies of both countries.
Vietnam, RoK strengthen investment links at Seoul conference
Vietnamese Ambassador to the RoK Vu Ho said bilateral relations are currently enjoying the best conditions, underpinned by what he described as the three key factors of “favourable timing, geographical advantages, and strong public support”.
Energy security “shield” must be built in layers: Expert
In an interview recently granted to the Vietnam News Agency, Dr Nguyen Van Tu, General Director of the Vietnam Petroleum Institute (VPI), said petroleum reserves are a critical line of defence, but a genuine energy security “shield” must be built in layers.
Vietnam steps up low-emission farming to support green growth
Vietnam is among the world's leading producers and exporters of agricultural products, including rice, coffee and a wide range of fruits. However, key export markets such as the US, the European Union (EU) and Japan are tightening sustainability requirements for agricultural products, making the transition to low-emission farming increasingly important.
European business confidence in Vietnam climbs to near seven-year high
EuroCham's latest survey shows European business confidence rebounding to its highest level in nearly seven years, driven by stronger demand despite global uncertainty.
Vietnam, Japan enhance experience sharing in stock market development
Deputy Minister of Finance Nguyen Duc Chi and representatives of Japan's Financial Services Agency (JFSA) and Securities and Exchange Surveillance Commission (SESC) have exchanged experience in securities market development, financial regulation and innovation.
"Live data" paves way for Vietnamese farm exports
Achieving Vietnam's target of more than 74 billion USD in agricultural, forestry and fishery exports in 2026 will require stronger traceability systems, initially focusing on key export commodities, high-value products and major markets such as the EU, the US and China.
Broadening financing channels key to unlocking SME growth
As the private sector takes on a more central role under the Politburo's Resolution No. 68-NQ/TW, experts and business representatives say Vietnam needs a more comprehensive approach to supporting SMEs. This includes improving institutions, making financial support tools more effective and reshaping the financial system to better suit the characteristics of SMEs.
Energy storage unlocks renewable power potential, cuts emissions
Energy transition is not simply about replacing fossil fuels with wind and solar power. It also requires building a sustainable energy ecosystem in which clean power generation, energy storage, smart grids and material recycling chains develop in parallel. Such an integrated approach will improve energy efficiency, further reduce greenhouse gas emissions and help Vietnam achieve green growth and net-zero emissions targets by 2050.
Reference exchange rate continues upward trend on July 15
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,495 VND/USD, and the floor rate 23,971 VND/USD.
Finance ministry outlines priorities to keep economy on track for growth target
The ministry said the Government would focus on implementing eight key priorities to achieve its full-year growth target and keep average inflation at around 4.5%, despite mounting external risks from the Middle East conflict and increasingly unpredictable natural disasters.
Vietnam, Cambodia extend road transport pact to Tan Nam–Meun Chey
Applying the agreement to the international border gate pair is key to lowering logistics costs, boosting competitiveness, expanding market access, attracting investment and fostering socio-economic development in both countries.
Government urges vigilance as inflation pressures mount in H2
The Government's inflation target remains within reach despite mounting headwinds. Several forecasts suggest inflation can stay below 4.5% this year if international oil prices continue to retreat. Extending domestic fuel tax incentives through year-end, along with stable electricity prices, healthcare fees and exchange rates, would offer additional relief.
Public investment drives Hanoi’s growth momentum
In the first half of 2026, Hanoi disbursed 64 trillion VND (2.4 billion USD) in public investment, equivalent to more than 53% of the annual plan assigned by the Prime Minister – the highest mid-year disbursement rate recorded in many years.
Green-certified Vietnamese farm produce gains premium in global markets
Vietnamese coffee already compliant with EUDR requirements is being sold at a premium of around 50 USD per tonne. Once the regulation is fully enforced, opportunities for Vietnam's coffee industry will become even greater, an insider said.
Businesses continue to drive Vietnam's economic growth: census
The 2025 business landscape indicates that the enterprise sector continued to demonstrate resilience amid fluctuations in both domestic and international business environments.
Reference exchange rate goes up on July 14
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,486 VND/USD, and the floor rate 23,964 VND/USD.
Cai Mep Ha Free Trade Zone – New growth engine for Ho Chi Minh City
The Cai Mep Ha Free Trade Zone (FTZ) is emerging as a strategic project of special importance, expected to become the city's gateway to global markets and a new growth engine in a new era of development.
Vietjet, Vikki Digital Bank named official partners of ASEAN United FC events
As the Official Airline Partner of the ASEAN United FC events, Vietjet connects fans and destinations across Southeast Asia through the region's leading football competitions, kicking off with the ASEAN Hyundai Cup™ 2026, the jewel in the crown of ASEAN football and the region's biggest sporting event.