Vietnam is coming under growing pressure to make battery energy storage systems (BESS) a cornerstone of its power infrastructure, as rapid renewable expansion and rising electricity demand, driven by double-digit economic growth, expose mounting strain on the national grid.

Vietnamese Ambassador to Greece Pham Thi Thu Huong has highlighted Vietnam’s remarkable transformations over the past four decades, overcoming challenges from war consequences, economic crises, and periods of embargo and isolation to achieve significant progress across all fields.

FDI capital in Vietnam is expected to continue growing positively, potentially reaching US$38-40 billion annually during the next five years, honorary chairman of the Vietnam Association of Foreign Investment Enterprises Associate Professor Dr Nguyen Mai said.

GG Power on April 11 officially brought into operation its Battery Energy Storage System (BESS) manufacturing plant in northern province of Hung Yen, marking a significant step in Vietnam’s push toward renewable energy and domestic technology capability.

Vice Chairman of the People's Committee of Can Tho Nguyen Van Khoi has affirmed the city's commitment to creating a transparent and favourable investment environment and providing support for Indian enterprises exploring and implementing projects in the locality.

Andrea Fais, Editor-in-Chief of Scenari Internazionali magazine based in Perugia, Italy, has praised Vietnam’s energy security strategy, highlighting its shift from a supply-focused mindset toward a proactive, diversified and sustainable model.

Deputy Prime Minister Ho Quoc Dung has reaffirmed Vietnam’s policy of encouraging international energy groups, including those from the Republic of Korea (RoK), to step up investment in renewable energy, while ensuring a fair and transparent business environment in line with Vietnamese law.

The Argentinean Chamber of Commerce for Asia and the Pacific, in coordination with Vietnam’s Embassy and its Trade Office in Argentina, held a seminar on March 11 to explore the potential for bilateral trade and investment cooperation, drawing the participation of numerous businesses from the South American country.

VOV.VN - VinEnergo, a subsidiary of Vietnamese conglomerate Vingroup, has announced plans for global expansion, initially focusing on Asia and Europe with a renewable energy project portfolio of 10 GW that has secured development agreements.

VOV.VN - Each Lunar New Year, as peach blossoms in the north and apricot flowers in the south brighten the streets, Vietnam traditionally greets spring with optimism. But Spring 2026 carries a significance that extends beyond seasonal renewal.