Update news energy

Chaleun Sekong Group acquires two hydro power plants of HAGL

Chaleun Sekong Group has spent $97.83 million on buying up Hoang Anh Gia Lai Hydro Power JSC, despite news that the company operates without profit.

Proposed LNG projects hasten clean and ample energy supply

The shift from coal to gas in energy planning is important for Vietnam’s future. 

Actions advised for Vietnam to lure investors amid energy crunch

Legal or regulatory obstacles with a low level of certainty and issues concerning grid access for private projects, are the most pressing to private investment.

US deals power up trade for balancing out deficit

Vietnam is reaching for aircraft and energy orders to balance trade further with the United States, with the future prospects to increase footing of investment and trading flows from the US being in the pipeline. 

Solar power prices to be set via auction

The purchase prices of solar power will be set through auction, instead of using a common price for the entire country, or different prices for different thermal radiation zones, according to officials.


SCIC fully divests Quang Ninh Thermal Power

SCIC wishes to fully divest its 11.42 per cent holding in Quang Ninh Thermal Power JSC at double the market price, expecting to collect $53.04 million.

Wood Mackenzie: Vietnam becomes Southeast Asia’s hottest solar PV market

Vietnam is now the leader in Southeast Asia’s solar photovoltaic (PV) market with the largest installed capacity in the region, Wood Mackenzie said in its statement.


Vietnam, Laos boost cooperation in trade-industry, energy, mining

A Vietnamese delegation attended the Vietnam – Laos conference for the development of the industry-trade, energy and mining sectors in the Lao capital of Vientiane from August 16 to 18.

Solar power a victim of its own success

Lured in by the feed-in tariff of 9.35 US cents for solar projects, investors are lining up for approval to generate gigawatts of power in the central provinces of Vietnam where solar irradiation is the strongest.

Vietnam still needs coal-fired thermal power

Coal-fueled thermal power plants are still an important source of energy for the next decade, when the country will be in dire need of energy for more production, heard attendees at a seminar in HCMC last week.


Vietnam seeks more FDI from Japan

 VietNamNet Bridge – Vietnam is expected to receive more foreign direct investment (FDI) from Japan in the coming years as part of its strategy to shift investment attraction towards high-quality capital.

Government News In Brief

National ASEAN 2020 Committee makes debut, Deputy PM calls for Japanese investment in automobile, energy, ASEAN Chair 2020 – Responsibility and opportunity for Vietnam, Public Security Ministry officials visit Ukraine

Vietnam, Japan beef up partnership in industry, trade, energy

 Minister of Industry and Trade Tran Tuan Anh held talks with Japanese Minister of Economy, Trade and Industry Hiroshige Seko in Hanoi on September 14, discussing measures to foster bilateral cooperation in the fields of industry, trade and energy.


Viet Nam's food processors court global investors, Total assets of credit institutions exceed $359.6 billion, Hanoi facilitates foreign investment in infrastructure, energy, Imports from China, RoK surpass US$66 billion      

Energy, bank stocks lead Wall Street higher

 Stocks on Wall Street rose Wednesday led by the energy sector as oil prices rallied and as financials gained on the increasing likelihood of an interest rate hike after strong economic data.

Moroccan solar plant to bring energy to a million people

 A giant plant using energy from the Sun to power a Moroccan city at night will open next month.

Vietnam plans to generate power from rice husks

VietNamNet Bridge - Vietnam plans to develop 20 power plants that will operate on rice husks.

Vietnam subsidizing fuel prices?

A debate has been raised in response to the recent release of the UNDP’s report on the energy situation in Vietnam. The report says the government spends $1.2-4.5 billion a year for fuel subsidies.


PM approves 15 new golf courses in zoning plan; Vietnam makes break-through in global energy sector; RoK, Vietnam energy firms ink deals; More domestic consumers put purchases on credit


 S Korea-Mekong links grow; Credit growth hits 1.31%, raises doubts; Statistics show decline in FDI; The Gioi Di Dong files for public offering; Housing project offers special promotion; Vietnamese companies receive global recognition