Recently, the Ministry of Industry and Trade of Vietnam has cooperated with Denmark on clean energy development. Denmark has contributed to provide an important foundation for economical and efficient use of energy in Vietnam. Another important cooperation content of the Vietnam – Denmark Energy Partnership Cooperation Program is the biennial publication of the Vietnam Energy … Read more
The Politburo’s Resolution 55-NQ/TW in 2020 creates great hope for business expansion for FDI enterprises providing complete equipment, technology and solutions for Vietnam energy market. According to Wärtsilä Vietnam Country Director, Resolution 55-NQ/TW aims to develop synchronously and reasonably, diversify types of energy, prioritizing the exploitation and use of all renewable energy sources, new energy, … Read more
Exxon Mobil wants to invest in Vietnam, specifically invest in Vietnam energy sector. The chain of ports, depots and LNG gas plant in Hai Phong has a scale of 4,000 MW and in Long An has a scale of about 3,000 MW. In a conversation with Vietnam Prime Minister in June 2020, Global President of … Read more
IL Yang Industrial Company (Korea) is planning to invest in Vietnam, conducting research, study, proceed to set up company building solar power plant in Quang Tri province, Vietnam. On December 22nd, IL Yang Industrial Company (Korea) had a meeting with Quang Tri People’s Committee to discuss their investment in solar power project in Quang Tri province. … Read more
Vietnam is facing pressure on rising energy demand. While public finance and concessional funding are not sufficient, encouraging private sector participation in Vietnam renewable energy sector has gained support. According to the National Electricity Development Plan, approved by the Government, the total installed power capacity of the whole country will increase from 47,000 MW to … Read more