The Wealth Power Group of Vietnam has joined two other partners in developing solar power projects in Champasak and Sekong provinces of Laos.

Vietnam attracted US$19.54 billion worth of FDI as of August 20, down 13.7% year-on-year, according to the Ministry of Planning and Investment.

A number of hydropower and thermal power companies are facing hardships due to the severe impacts of the COVID-19 pandemic.

Vietnam has spent around US$2.6 billion on importing 36.5 million tons of coal in the first seven months of this year, up 50% in volume year-on-year.

Construction of the V1-2 wind power plant - a joint venture between the Truong Thanh Vietnam Group and the Thai-based Sermsang Power Corporation Public Company Limited - kicked off in the Mekong Delta province of Tra Vinh on August 14.

The Ministry of Industry and Trade (MoIT) is considering new models to calculate electricity prices, including one that would eliminate its current step pricing, which industry experts have called outdated and deeply unpopular among consumers.

Thailand’s Banpu and its power business arm Banpu Power (BPP) have joined forces to acquire El Wind Mui Dinh, an onshore wind farm in the south-central province of Ninh Thuan, in a deal worth US$66 million.

A submarine power cable project to supply electricity for Nhon Chau island commune, Quy Nhon city, the south central province of Binh Dinh, which is partly financed by the European Union (EU), is expected to be completed on August 8.

VOV.VN - The implementation of the EU-Vietnam Voluntary Partnership Agreement on Forest Law Enforcement, Governance and Trade, along with the EU-Vietnam Free Trade Agreement, are expected to boost the value of local timber in EU market.