VOV.VN - Four Japanese banks are set to co-finance a total of US$300 million to provide credit lines to power producers using renewable energy in Vietnam as part of efforts to help the growing country in its decarbonising process.

VOV.VN - An Australian energy delegation comprising representatives of eight energy companies and two states arrived in Vietnam on March 27 for a four-day trip to promote cooperation on renewable energy.

Green credit growth in Vietnam has remained limited due to the lack of a clear legal framework, according to industry insiders.

The British Embassy in Hanoi on March 27 announced nine low carbon projects from across Vietnam as the first cohort to join Climate Finance Accelerator (CFA) Vietnam.

Vietnam is undergoing clean energy transition at an accelerating rate and is considered the leader of clean energy transition in Southeast Asia, Shubham Rai, a research intern in the Southeast Asia and Oceania Centre at Manohar Parrikar Institute for Defence Studies and Analyses (MP-IDSA), India, wrote in an article.

Offshore renewable energy was the centre of discussion at the 10th Ocean Dialogue in the central province of Khanh Hoa on March 23.

Textile and garment businesses in Vietnam are taking steps to switch to green production to meet partners’ demand and achieve sustainable development, the Cong Thuong (Industry & Trade) newspaper reported.

More than 1,000 people joined a Race for Earth Hour 2023, which took place around Hoan Kiem Lake in the heart of Hanoi capital on March 18.

Vietnam’s energy transition is facing challenges, especially as the transition is expected to ensure energy security, power supply, and reasonable costs.

Developing offshore wind power is a great dual opportunity for Vietnam, Danish Ambassador to Vietnam Nicolai Prytz told a seminar themed “Promoting Vietnam’s offshore wind power development: International practices and policy recommendations” in Hanoi on March 16.