Vietnam is making rapid strides in shifting from fossil fuels to clean energy in the post-COVID-19 world, according to a recent article published by the website asiatimes.com.

BNN Bloomberg, Canada's business news network reporting on finance and markets, has recently published an article highlighting the extraordinary 100-fold increase in solar power that has taken place in Vietnam over the last two years.

The Republic of Korea (RoK) conglomerate the SK Group said on May 18 that it wishes to set up long-term cooperation with Vietnam, including the Mekong Delta city of Can Tho, which has substantial potential in hydrogen development and high-tech production.

VOV.VN - Vietnam and Singapore have agreed to accelerate negotiations on a priority travel mechanism towards resuming safe commercial flights between the two countries in order to boost their economic, trade, investment and tourism cooperation.

Ho Chi Minh City wants to continue to be an important partner of India in the fields of economy-trade, health care, information technology and clean energy, said Vice Chairwoman of the municipal People’s Committee Phan Thi Thang.

VOV.VN - The United States Agency for International Development (USAID), Vietnam Urban Energy Security project and Vietnam Electricity (EVN) signed a Memorandum of Understanding (MOU) on December 14 to formalize a partnership that will support EVN’s efforts to expand Rooftop Solar (RTS) energy generation in Vietnam.

VOV.VN - The United States Agency for International Development (USAID) has announced the launch of the Vietnam Low Emission Energy Program II (V-LEEP II) to help the country strengthen energy security.

The year 2020 marks a major turning point in the energy industry of Vietnam, with clean energy strengthening its solid position and establishing itself as a profitable sector with significant potential for development, while coal-fired thermal power no longer holding the position as a favoured energy source in the country.

National electricity demand is expected to increase by 8.5% a year until 2025 and 7% until 2030, making Vietnam an attractive market for foreign energy investors.