June 04, 2024

Why is Vietnam stuck in power shortages, and how are they dealing with them?

The power shortage crisis in northern Vietnam last year is still vivid. With the expectation of electricity demand surge, Vietnam Electricity (EVN) has implemented various measures to manage power distribution and alleviate the pressure on supply.
May 27, 2024

SKC invests $100 million in world's largest biodegradable plant in Vietnam

Ecovance Vietnam, the subsidiary of SKC Group from South Korea invested approximately $100 million in May to produce biodegradable plastic PBAT (Polybutylene Adipate Terephthalate) in the Dinh Vu Industrial Zone in Hai Phong City,
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 08, 2024

Vietnamese localities expand efforts to develop carbon credit market

Localities throughout Vietnam are undertaking activities to develop the carbon credit market.
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.
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.
April 18, 2024

Viettel inaugurates largest green data center in Vietnam

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.
April 09, 2024

Can Gio wind power could support Ho Chi Minh City achieving net zero

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.
April 03, 2024

Vietnam cut electricity price adjustment period to align with market

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.
March 26, 2024

Vietnam seeks buyers for 5 million credits as forest carbon offset exceeds expectations

Vietnam’s carbon offset amount is beyond expectation. The government plans to sell the remaining 4.91 million of carbon credits with the help of World Bank in finding potential buyers or piloting auctions on international platforms.

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