The Asian Development Bank (ADB) on May 27 signed a US$116-million green loan with local firms to build and operate three 48-megawatt (MW) wind farms, totaling 144 MW, in Quang Tri province.

VOV.VN - Foreign investors have pumped approximately US$14 billion into the nation during the opening five months of the year, marking an annual rise of 0.8%, with Singapore taking the lead after making a total investment of US$5.26 billion.

VOV.VN - As Vietnam continues to transition to cleaner low-carbon power generation, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in central Vietnamese provinces.

Adjustments to the master plan for central Da Nang city to 2030 and vision to 2045 approved recently by the Prime Minister are believed to “open the door” for it to map out its vision and orientation for the future.

VOV.VN - The developers of the 3.5 GW La Gan offshore wind farm project in Binh Thuan province, Copenhagen Infrastructure Partners, Asia Petroleum Energy, and Novasia Energy, have signed two contracts with the Northern Center for Planning and Investigation of Marine Resources and Environment (CPIM).

Authorities of the south central coastal province of Khanh Hoa have sought the Prime Minister’s backing of two major projects with total investment of more than US$27 billion proposed by the Millennium Energy Corp of the US at the Van Phong Economic Zone (EZ).

The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction and consumption sectors, and Build-Operate-Transfer (BOT) projects.

VOV.VN - The Belgian-based multinational conglomerate Menart is currently working alongside the Vietnamese industrial developer Sonadezi Corporation to build a waste treatment plant in Vinh Cuu district in the southern province of Dong Nai.

The New Zealand Embassy in Vietnam and the Song Foundation has announced a contribution of VND800 million (NZ$48,000) from New Zealand to the Forest Symphony project in Ninh Thuan province in response to the Vietnamese Government’s commitment to plant one billion trees by 2025.

Vietnam will soon lead Southeast Asia in renewable energy development, Germany’s Energiezukunft highlighted in its latest article, describing the country’s energy transition as very impressive.