On June 15th, 2020, at the National Assembly’s socio-economic discussion session, the Ministry of Industry and Trade clarified a number of issues related to the implementation of power projects and energy security in Vietnam amid the the situation of energy supply, especially electricity supply is facing many difficulties when hydroelectric and thermal power reserves are … 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
Vietnam has issued many policies and incentives for the development of the power sector. This is a good time to attract foreign capital into Vietnam energy industry, including those from Korea. According to Mr Nguyen Van Vy, Vice Chairman of the Vietnam Energy Association, with the goal of raising the proportion of electricity produced from … Read more
Vietnam territory is located in the tropical climate zone with over 3,200 km long coastline. Therefore, there is great potential for renewable energy development. The available renewable energy sources in Vietnam are: solar energy, wind energy, biological energy, hydropower and energy from the sea. Vietnam has great potential for hydroelectric power, with total theoretical capacity … Read more