News

Danish jewelry manufacturer Pandora is set to commence construction of its inaugural factory in Vietnam on May 16, with an estimated worth of US$150 million.

Localities throughout Vietnam are undertaking activities to develop the carbon credit market.

Vietnamese Prime Minister Pham Minh Chinh recently issued a directive emphasizing the urgent need to establish a carbon credit management mechanism, which aims to help local businesses better grasp the carbon market and meet the Nationally Determined Cont

Gulf Energy Development anticipates that the establishment of 25 new solar farms will aid the government in more effectively regulating electricity prices, potentially resulting in reduced power bills.

Indonesia's Ministry of Environment and Forestry has struck a blow to the Rimba Raya project on Borneo Island, one of the world's largest carbon offset initiatives, by revoking its license due to violations of local regulations.

Chinese tech giant Alibaba plans to construct a data center in Vietnam to comply with local regulations. However, data centers considered high-energy-consuming industries drawing attention on energy efficiency and carbon emission reduction.

Singapore has launched a $60 million lab to drive research and development in low-carbon technologies to help achieve net-zero emissions by 2050.

Thai businesses are calling on the government to reform the green energy trading mechanism. The Federation of Thai Industries (FTI) believes that the government should expedite the opening of free trade in green energy.

Vietnamese government proposed to amend and supplement the "Regulations on reduction of greenhouse gas (GHG) emissions and protection of the ozone layer". There is significant attention regarding details of GHG inventory and emission quota allocation.

Indonesian president Joko Widodo has announced that the government will move forward with a plan to enable the export of solar power to Singapore.