News

Saigon Hi-Tech Park (SHTP) in Vietnam hosted an enterprise networking event on the 16th, unveiling its focus for this year on digital and green transformation. This includes the development of 17 advanced technologies for green transformation and 10 emerg

Vietnamese telecommunications firm Viettel has announced the opening of a data center in Hoa Lac Tech Park, Hanoi. The company said the Hoa Lac Data Center has over 2,400 racks across 21,000 square meters of floor space, with a total capacity of 30 MW.

Vietnam’s Haiphong city government focused on sustainable economy with its proposal of “Southern Coastal Economic Zone” (EZ) and aims to become Vietnam's first green economic zone.

The Vietnamese Ministry of Industry and Trade held a meeting to discuss “The draft of rooftop solar power stimulus package” on Apr. 10. Minister Nguyen Hong Dien revealed that surplus electricity can be sold to power companies for financial gain.

Vietnam’s Tin Thanh Group has collaborated with Centre for Quality Certification to conduct carbon inventory and convert an annual reduction of 1 billion tons of carbon dioxide into NFTs.

The Direct Power Purchase Agreements (DPPA) mechanism has been proposed by the Vietnamese Ministry of Industry and Trade (MOIT) for over seven years. Finally, with recent urging from the Vietnamese Prime Minister, there has been significant progress.

Vietnam has great potential for wind energy with the experts call on the government to expedite the development of the Can Gio Offshore Wind project. The project presents an opportunity for Ho Chi Minh City to become the first Net Zero City in Vietnam.

Vietnam issued the latest electricity pricing mechanism on March 26, deciding to shorten the price adjustment period. The Electricity Regulatory Authority of Vietnam of the Ministry of Industry and Trade stated that this move aims to align with market.

There is widespread belief that Vietnam is undervaluing its carbon credits, priced at just $5 each, but the Ministry of Agriculture and Rural Development (MARD) has refuted these claims.

The Vietnam Rubber Group (VRG) is optimistic about the carbon market. As outlined in its "2024 Green Growth and Sustainable Development Action Plan" announced on March 27, VRG will assess the feasibility of developing carbon credits from rubber forests.