10:00 | 05/03/2021 Industry
Vietnam needs about US$128.3 billion of investment capital to develop its electricity industry in 2021-2030, according to draft electricity planning released by the Ministry of Industry and Trade (MoIT).
06:00 | 05/03/2021 Industry
(VEN) - The year 2020 was a successful year for the agriculture sector and a bright spot amidst the economic slowdown of the Covid-19 pandemic.
Vietnam’s timber industry growth in difficult period
06:00 | 26/02/2021 Industry
(VEN) - Despite the impact of the Covid-19 pandemic, with disrupted supplies and market fluctuations, Vietnam’s timber product exports reached the annual 2020 target of US$13 billion. The export target for 2021 has been set at US$14.5 billion despite some looming challenges.
La Gan Offshore Wind Farm to create thousands of jobs
16:40 | 04/02/2021 Industry
In Vietnam, offshore wind energy offers more than a clean and secure energy source – offshore wind presents an exciting opportunity for local economic growth and skills development. In other countries, offshore wind has proven to be a source of sustainable job creation, due to its long and sophisticated supply chain. If implemented at scale, offshore wind has the potential to bring huge economic benefits to Vietnam.
Surge expected in renewable energy as economy recovers
06:00 | 31/01/2021 Industry
(VEN) - Electricity consumption is forecast to resume its growth this year as the economy recovers from the Covid-19 pandemic, with solar and wind power setting new capacity records facilitated by attractive investment policies and price incentives. The forecast is in tune with the surge in installed wind and solar capacity over the past five years - from almost zero to 10 percent - driven by the country’s explosive growth.
Why should Vietnam pursue offshore wind?
10:23 | 29/01/2021 Industry
(VEN) - Vietnam is fortunate to have some of the best natural conditions for wind energy in Asia. This is particularly the case for offshore wind energy, where Vietnam has some of the best conditions in the world. According to a recent World Bank sponsored report ‘Offshore Wind Roadmap for Vietnam’, Vietnam has the potential to realize between 11GW and 25GW of offshore wind capacity by 2035, which could create up to 700,000 man year jobs and avoid up to 217 million tonnes of CO2 emissions.