Since the FIT price policy expired on November 21, investors have been waiting for more than a year and have been unable to construct new renewable energy sources.
Due due to the weakening of hydropower in 2023, thermal power will see significant production mobilization.
The power consumption growth in Vietnam will stay below the PDP8 forecasted level in 2023, said VNDirect.
HCMC-based enterprises are rushing to launch promotions and offer discounts in the hope of boosting purchasing power and reviving the ailing situation, which has been...
Christian Déséglise, HSBC’s Group Head of Sustainable Infrastructure and Innovation, leads the bank’s global efforts in Just Energy Transition Partnerships - or JETPs -...
More than 4,000 solar power systems have been invested in Bình Dương Province, worth about VNĐ12 trillion (US$51.1 million).
Vietnamese firms spent over 903 million USD in the first quarter importing 41,780 completely-built-up (CBU) cars, according to a report by the General Statistics Office...
Ericsson, a leading global provider of 5G infrastructure, is dedicated to supporting Vietnam's digital transformation journey by offering world-class 5G products.
The Hanoi Taxi Association is urging for the pilot implementation of battery-powered cabs to reduce environmental impact and stay abreast of global trends.
Fed Chairman Powell will testify before the Senate Banking Committee on the Federal Reserve's semiannual monetary policy report. If he maintains his hawkish stance, gold...
While broad-based consumer-friendly policies are unlikely, a continued recovery in the job market will support consumption.
The tourism sector is facing a serious staff shortage after the COVID-19 pandemic, so improving training quality to meet recovery and development demand is now an urgent...
Put all available resources and enthusiasm into developing energy projects, but when you can not stand to keep the project and sell it impotently, do not think someone...
There is a dual impact from exchange rate loss and rising financing costs among power firms, said VNDirect.
VNDirect expects a gloomier output for hydropower in 2023-24F after a vibrant 2022.
Given the continued high import coal prices, it is difficult to forecast a sharp output recovery in this sector beginning in 2023.
According to VNDirect, following the most recent PDP8 draft, gas-fired power remained the focal point from 2022 to 2035F before ceasing to exist after that year.
The positive forecast for renewable energy was confirmed by the most recent Power Development Plan 8 draft (PDP8 draft).
Given the constraints of onshore lenders, the role of FDIs is expected to be significant as new projects begin their construction.
Responding to the Government's policy of encouraging the development of solar power, many businesses across the country have invested in solar power. Ironically,...
The Ministry of Industry and Trade (MoIT) is drafting a Prime Minister's Decision on the mechanism for adjusting the average retail electricity price.
There needs to be an urgency in the production of electrical energy in Vietnam, with an impending shortage of water at hydropower plants, and solar energy and wind...
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