Vietnam Renewable Energy Week 2019 was launched in Hanoi on September 17 as part of efforts to implement the Government’s policies on renewable energy development.
Vietnam has to import 1-4 billion cubic meters of liquefied natural gas a year in 2021-25 to meet the growing power demand.
A forum on smart energy and optimization of power structure in Vietnam with flexible solutions was held by the Finnish Embassy in Vietnam and Wartsila Group in Hanoi on August 29.
Deputy Prime Minister Trinh Dinh Dung hosted a reception in Hanoi on August 28 for German Deputy Ambassador to Vietnam Bjorn Koslowski and some businesses from Germany who came to explore investment opportunities in renewable energy.
Deputy Prime Minister Trinh Dinh Dung has stated that the Vietnamese government always encourages the development and effective use of renewable energies, towards sustainable socio-economic development.
The central province of Phu Yen began construction on the second stage of the first solar-powered public lighting system for Tuy Hoa city’s walking street, which will make it the first urban area in central Vietnam lit by renewable energy.
The Electricity and Renewable Energy Authority of the Ministry of Industry and Trade launched a programme to boost the development of rooftop solar power in Vietnam at a workshop held in Ho Chi Minh City on July 25.
Along with its rapid economic growth, Vietnam’s electricity demand is also increasing strongly, at around 10 percent a year, causing huge pressure on the energy sector, according to the Ministry of Industry and Trade.
The Mekong Delta province of Ca Mau has set its sights on attracting 28 investment projects this year, with a focus on seafood processing, high-technology agriculture and renewable energy.
Buying electricity directly from private companies running renewable energy power plants, and not through Electricity of Vietnam (EVN), is being considered.
Vietnam has set a target of raising renewable energy production from 58 billion kWh in 2015 to 101 billion kWh in 2020, 186 billion kWh in 2030, and 452 billion kWh in 2050.
The 2019 International Environment and Energy Technology Exhibition (Entech Vietnam 2019) opened in Ho Chi Minh City on June 12.
Major issues regarding wind energy development in Vietnam are being discussed at the second Vietnam Wind Power Conference that opened in Hanoi on June 11.
Korean investors are keen to invest in renewable energy due to its potential and the incentives that Vietnam has offered to foreign investors, an HSBC official has said.
Thai firms are stepping up investment in renewable energy projects in Vietnam, particularly solar power, through merger and acquisition (M&A) deals.
Prime Minister Nguyen Xuan Phuc highlighted potentials for Vietnam and Norway to enhance economic cooperation, especially in renewable energy, industry and aquaculture, at the Vietnam-Norway Business Forum in Oslo on May 24.
Sweden will help Vietnam in areas of its strength like energy saving, focusing on renewable energy development, Swedish Minister for Foreign Trade Ann Linde has said.
A long-term plan for renewable energy sources such as solar and wind must be devised for Vietnam to realise its goal of connecting the entire country to the national grid, experts have said.
Vietnam could meet its long-term energy demands by adding renewable energy sources and cutting-edge battery storage technologies to its arsenal of solutions, experts said at a two-day international conference on renewable energy that ended on April 4 in HCM City.
As one of the most efficient power markets in Southeast Asia, Vietnam has huge prospects, especially in renewable energy, experts have said.