News
Vietnam
May 22, 2024
Vietnam urges Apple suppliers to cut power use amid record electricity usage
After Vietnam's nationwide electricity usage hit a record high in late April, the local government is concerned about a potential recurrence of power shortages. Authorities have requested businesses and enterprises to implement power-saving measures, incl
May 20, 2024
Vietnam's steel industry faces challenges with upcoming EU carbon tariffs
Since 2015, Vietnam has been the leading producer and consumer of finished steel products in the ASEAN region. However, with the European Union's imminent imposition of carbon tariffs, local industry players admit that it is "impossible" for the country's
May 15, 2024
Vietnam promises stable power supply to attract chip investments
To attract foreign investment in industries such as semiconductors, Vietnam has not only offered tax reductions but also promised sufficient power supply and infrastructure to avoid a recurrence of last year's power shortage crisis.
May 09, 2024
Pandora’s first factory in Vietnam adopts renewable energy
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.
May 08, 2024
Vietnamese localities expand efforts to develop carbon credit market
Localities throughout Vietnam are undertaking activities to develop the carbon credit market.
May 07, 2024
It’s crucial to build carbon credit management mechanism: Vietnam’s Prime Minister
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
May 06, 2024
Alibaba's Vietnam data center plan spurs local firms to find carbon reduction solutions
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.
May 03, 2024
Vietnam’s GHG emission regulations draft emphasizes carbon footprint verification
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.
April 29, 2024
Vietnam may allow businesses to buy green power without EVN’s involvement
Vietnamese Ministry of Industry and Trade (MOIT) has proposed that the government allow manufacturing businesses to buy electricity directly from renewable energy sources, regardless of the involvement of the Vietnam Electricity Corporation (EVN).
April 25, 2024
Vietnam's wind power industry upbeat despite regulatory delays, report says
According to the 2024 Global Wind Energy Report, Vietnam's wind power industry showed signs of hope in 2023 after a challenging year. It also calls on the government to accelerate the formulation of regulations through inter-ministerial tasks.