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With great potential for wind power, especially offshore wind power, Vietnam is receiving the attention of the world’s leading big “eagles”. However, whether eagles stay in the nest depends on the investment environment. A TURBULENT YEAR Wind power in Vietnam has a slow start and lacks vitality despite its great potential. After 9 years of the Government promulgating a priority policy for wind power development, Decision No. 37/2011/QD-TTg dated June 29, 2011 on the mechanism to support the development of wind power development projects in Vietnam. , by the end of 2020, less than 500 MW will be put into […]

As a pioneer province in the Mekong River Delta in developing coastal wind power, the entire 56 km length of Bac Lieu’s coastline is almost completely covered with near-shore wind power projects. However, the reality shows that wind power near the shore is not only narrowing the fishing grounds of fishermen fishing near the shore, but also has the risk of adversely affecting the coastal ecosystem, people’s livelihoods depend on the sea… “We are losing our fishing grounds”, pointing to Cai Cung canal leading to the sea, where boats are located along the canal right in the fishing season, fisherman […]

Within the framework of the GEFE 2022 Green Economy Forum and Exhibition, on November 28, in Thu Duc City, Ho Chi Minh City, Prime Minister Pham Minh Chinh welcomes leaders of major European corporations, including Equinor, CIP, Mainstream, Vestas, Airbus, HSBC, Suez, Siemens Gamesa, Schneider… At this event, European businesses said: Ready to invest billions of USD in wind energy in Vietnam. Attending the event, on the Vietnamese side, were Minister of Industry and Trade Nguyen Hong Dien, Minister of Natural Resources and Environment Tran Hong Ha, Minister of Agriculture and Rural Development Le Minh Hoan, leaders of ministries , […]

On December 14, leaders of Vietnam and the International Partnership Group (IPG) including the European Union, the United Kingdom, France, Germany, the United States, Italy, Canada, Japan, Norway and Denmark signed a Equal Energy Transition Partnership (JETP) agreement. All of foreign leaders congratulated Vietnam on achieving this agreement. According to news from the British and US embassies in Hanoi: The JETP agreement aims to help Vietnam realize its ambitious goal of Emissions Equalization by 2050, accelerate the process of peaking greenhouse gas emissions and transition from fossil fuel to clean energy. In the short term, JETP will mobilize 15.5 billion […]

The 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27), being held in Sharm el Sheikh, (Egypt), on November 8 added 9 countries which joined the Global Offshore Wind Alliance (GOWA), committed to accelerating offshore wind development rapidly to address climate crises and energy security. There have been 9 new countries including Belgium, Colombia, Germany, Ireland, Japan, Netherlands, Norway, UK, USA to join the Global Offshore Wind Power Alliance The Global Offshore Wind Alliance (GOWA) is initiated by the International Renewable Energy Agency (IRENA), Denmark and the Global Wind Energy Council (GWEC) and will […]

Offshore wind power resources are the fastest growing invested and developed new energy source in the world today. In Vietnam, with major policies issued by the Party and State on the development of marine renewable energy (offshore wind power, wave energy, tides and ocean currents) and the EVFTA Agreement between Vietnam and the EU. Once effective, large and high-tech capital sources from the EU can easily appear in the Vietnamese market. This could be an opportunity for our country to break through to the forefront of ASEAN, promote supporting industries and marine services, and aim to export offshore wind power […]

PNO – In the morning of September 2, the Ho Chi Minh City Women’s Union in collaboration with the Social Work Fund Heroes of the People’s Armed Forces of Phan Trong Binh donated funds to support the care and nurturing of 34 orphans in the city, with a total budget of 204 millions VND (6 million/part).. 13 childrens in Thu Duc City are sponsored At the scholarship awarding ceremony, Ms. Tran Thi Phuong Hoa – Vice President of Ho Chi Minh City Women’s Union – expressed her gratitude to businesses and sponsors who have accompanied the Association in supporting orphaned […]

Abandoning the negotiation plan that the Ministry of Industry and Trade proposed earlier, EVN proposed to the Ministry of Industry and Trade a mechanism to participate in the electricity market for transitional wind and solar power projects. Abandoning the negotiation plan Recently, in Official Dispatch No. 5106, EVN proposed that the Ministry of Industry and Trade have a mechanism for transitional wind and solar power projects to participate in the spot electricity market and not exceed the electricity generation price bracket of the type of power source which approved by the Ministry of Industry and Trade (the bid and announcement […]

According to Decision 39 of the Prime Minister, wind power projects recognized for commercial operation before November 1, 2021 will receive preferential prices. However, due to many difficulties in epidemics, site clearance, and equipment transportation, many projects could not reach their destination in time. When Decision 39 expired, many businesses fell into a pilling up difficult situation. Hanbaram Ninh Thuan wind power plant has completed construction, installation, and connected 29/29 turbine towers, but so far only 6/29 towers have been recognized for commercial operation. The finish line after November 1, 2021, makes the plant not entitled to electricity price incentives […]

There is a need for a more equitable electricity sale mechanism among power generation sources through an bidding model. In the context of moving towards a green economy, circular economy and implementing Vietnam’s commitment to achieve net zero emissions by 2050 at COP 26, our country is making great efforts to follow the roadmap to move energy in a more sustainable direction, reduce the proportion of coal power and increase the share of renewable energy (RE) to reduce gas emissions causing environmental pollution (as in the Power Plan VIII). However, to achieve that goal, Vietnam needs huge resources from many […]