Despite encouraging progress, Vietnam’s localisation rate in energy and supporting industries remains below expectations and regional peers, according to policymakers and industry insiders.
Prime Minister Pham Minh Chinh on November 4 signed Decision No. 2433/QD-TTg regarding the establishment of the State Steering Committee for Key National Programmes, Projects, and Works in the Energy Sector.
VOV.VN - Malaysia’s Ministry of Energy Transition and Water Transformation on August 25 announced that the country is advancing deeper integration under the ASEAN Power Grid initiative to strengthen resilience and unlock opportunities for cross-border energy trade.
VOV.VN - A Vietnamese delegation led by Deputy Minister of Industry and Trade Nguyen Hoang Long attended a seminar in Edinburgh, Scotland, on July 10, seeking to promote bilateral cooperation in offshore wind power.
With 300,000 km² of sea and over 1,000 GW potential, Vietnam targets major offshore wind power (OSW) growth.
The recent handover of 33 foundations manufactured by the Petrovietnam Technical Services Corporation (PTSC) to an offshore wind power project of Orsted has been recognised as an outstanding work of the Vietnam National Industry - Energy Group (Petrovietnam).
Vietnam Electricity (EVN) has proposed a regional electricity price framework for offshore wind power projects, with the highest suggested rate in the northern region reaching VND3,975.1 per kWh, equivalent to approximately US$0.15.
VOV.VN - Vietnam and the UK discuss economic cooperation, with a focus on trade, investment, and financial center development, as Deputy PM Nguyen Hoa Binh seeks British expertise in legal reforms, offshore wind power and green finance.
Prime Minister Pham Minh Chinh has welcomed the US-based Pacifico Energy (PE)’s plan and commitment to investing in Vietnam’s energy sector, particularly its survey for an offshore wind power project in Binh Thuan province.
The Lao Government and Chitchareune Construction Co., Ltd. on February 13 signed an agreement to develop a 1,200 MW wind power plant in Nong district, Laos’ Savannakhet province which aims to supply electricity to Vietnam from late 2027.