The Ministry of Industry and Trade (MoIT) has proposed a 35% cap on foreign investment in local oil and petrol businesses, but said it was open to scrapping the regulation.

The Asian Development Bank (ADB) has proposed to implement a smart and energy efficient city project (SEECP) with total investment of more than VND1.56 trillion (US$67.29 million) in the Mekong Delta city of Can Tho.

Vietnam and Sweden have nurtured long-standing energy cooperation and now the scope of cooperation has expanded from hydropower in the past to safe and sustainable energy development at present.

Germany’s Großmann Ingenieur Consult GmbH (GICON®) and the Vietnam Petroleum Institute (VPI) have identified cooperation sectors and forms, covering technologies, under a memorandum of understanding (MoU) signed on March 29.

VOV.VN - The Ho Chi Minh City Youth Union hosted a bicycle parade on March 27 in response to Earth Hour 2021 with the event attracting the participation of over 300 volunteers, Youth Union members, and residents from the southern city.

The Multi-Actor Partnerships for 100 percent Renewable Energy (100% RE MAP) project was kicked off at a conference held in Hanoi on March 25.

VOV.VN - Deputy Minister of Industry and Trade Dang Hoang An shared the nation’s roadmap to form electricity and energy markets towards achieving efficient and sustainable power development at the seventh Berlin Energy Transition Dialogue (BETD) which was held on March 16 via an online format.

Low power demand coupled with oversupply of electricity at times have forced authorities to cut the capacity of renewable energy plants in order to avoid overwhelming the national grid, according to the Ministry of Industry and Trade (MoIT).

A policy research forum was held in Hanoi on March 15 to look into the enhancement of Vietnam-Japan cooperation for the sustainable energy development in the Greater Mekong Sub-region (GMS) in the post-pandemic period.

Vietnam needs to increase the proportion of wind power, especially offshore wind power, in the total power capacity targeted in the National Power Development Plan for 2021-2030 with a vision to 2045 (Power Development Plan VIII), so as to attract more foreign investors in the field, according to businesses and experts.