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).

GE Renewable Energy has signed a contract with the Ocean Renewable Energy Joint Stock Company to supply 15 wind turbines to its Cau Dat Wind Farm, the first in the Central Highlands province of Lam Dong.

Investors from the UK were showing significant interest in investing in renewable energy projects in Vietnam, especially wind power, expecting the Vietnamese Government to introduce long-term support policies as well as simplification of procedures for project implementation.

Vietnam is among top three nations leading the shift to renewable energy in Asia Pacific, according to the latest research from IHS Markit.

VOV.VN - A year ago Vietnam saw the Lunar New Year welcomed in by unprecedented hailstorms accompanied by loud thunder and lightning, casting an uncertain feel over what was in store over the course of the coming year.

VOV.VN - Indian Ambassador to Vietnam Pranay Verma has expressed his belief that under the new leadership of the Communist Party of Vietnam, the relationship between India and Vietnam will be further strengthened in line with the Joint Vision agreed upon by the two countries’ leaders.

VOV.VN - With the Communist Party of Vietnam turning 91 on February 3, 2021, this spring marks a special time because the ruling party recently concluded its 13th national congress involving the election of a new 200-member executive body, as well as setting out the country’s orientations ahead in a new stage of development.

“Legendary story”, “Rising star”, and “Asia’s brightest economy” count among the praise from international organisations in relation to Vietnam’s economic development over recent years.

The resolution of the 13th National Party Congress, adopted at the event’s closing session on February 1 morning, targets that Vietnam will become a socialist-oriented developed country by the mid-21st century.

The Communist Party of Vietnam (CPV) has met the legitimate needs and aspirations of the people, hence the nation’s rapid and comprehensive developments in recent decades, said Associate Professor Martin Grossheim, an expert on Asian history at the Seoul National University’s College of Humanities.