Many households and enterprises in Vietnam have proposed continuing the solar power purchasing price at 9.35 cent per kwh, as applied before June 30.

Since 2017, Vietnam has had an attractive feed-in tariff (FiT) rate of 9.35 US cents per kilowatt hour for grid-connected solar projects.

Vietnam should intensify efforts to develop renewable energy in an effort to participate in this indispensable worldwide trend, said Nguy Thi Khanh, director of the Green Innovation and Development Center.

Cost and technology are the top concerns for shrimp farmers when investing in renewable energy, Tran Van Dau, a farmer in Ca Mau Province, said.

As a country with abundant renewable energy potential, Vietnam will have many benefits when shifting early to develop clean energy.

Vietnam is among the top energy consumption countries in the region and the world. Hence, it’s never better to cutting down energy consumption and mull over solutions for efficient use of energy.

The preferential electricity purchase price of 9.35 cent per kwh expired one month ago, but the new price has not been fixed.

The Mekong Delta province of Soc Trang has risen to an attractive destination for investors in renewable energy, especially wind power.

With 88 solar and wind power plants going to join the national grid by June, Vietnam’s renewable energy industry is taking shape.

Vietnam has set a target of raising renewable energy production from 58 billion kWh in 2015 to 101 billion kWh in 2020, 186 billion kWh in 2030, and 452 billion kWh in 2050.

Korean investors are keen to invest in renewable energy due to its potential and the incentives that Vietnam has offered to foreign investors, an HSBC official has said.

The central province of Ninh Thuan aims to become the renewable-energy centre of the country, with assistance from the central government's preferential policies.

At noon, when the temperature reaches 37oC, the solar panels on the roof of Hoang Long’s house in Nha Be district, HCMC run at full capacity.

Eunyoung Jung, CEO of HSBC South Korea, speaks to Việt Nam News reporter Bo Xuan Hiep about the favourable investment climate in Vietnam and South Korea’s plan to pour more money into the country.

Rising concerns about the environment and livelihoods are setting barriers to developing solar energy in Vietnam, experts stressed yesterday.

 VietNamNet Bridge – Renewable energy usage is becoming more common among households in the southern coastal province of Ba Ria–Vung Tau.

Le Van Luc, deputy head of the Ministry of Industry and Trade’s Electricity and Renewable Energy in Vietnam tells Hải Quan (Customs) newspaper that it will take at least a decade for the nation to achieve full energy security.

 VietNamNet Bridge – Provinces in the Cuu Long (Mekong) Delta have been advised to seek funds from the private sector to invest in energy-saving lighting and ensure sustainable lighting for its cities and provinces. 

 VietNamNet Bridge – Cambodia, Laos and Vietnam must work closer together to make the shift to using more renewable energy.

Biogas is a vast energy source, worth VND30 trillion a year, but it is being wasted in Vietnam, Bui Xuan An from the Vietnam Biogas Association (VBA), said.