INDUSTRY

The Hanoitimes - Over the past years, the number of solar power projects has been on the rise thanks to the government’s favorable policies and increasing demand. Vietnamese Deputy Minister Industry of Trade Hoang Quoc Vuong has said that the ministry is contemplating to auction prices of renewable energy, mostly solar power in order to follow market movements.  A solar power project. Photo: Internet The MOIT will apply solar energy prices at reasonable rates instead of the estimated 9.35 US cent/kWh which the government announced in 2017 to buy from developers, Vuong told the press at a working trip to Tuy Phong Wind Power Plant in the central province of Binh Thuan on December 18. Solar power projects mushrooming  Vietnam plans to have 850 MW of solar energy by 2020, making up 1.6% of the country’s total power capacity, and 12,000 MW by 2030 (accounting for 3.3% of total power capacity) Linh Pham … [Read more...] about Vietnam considers auctioning solar energy prices: Deputy Minister

Certain results Pham Thanh Hai, director of the Hai Duong Department of Industry and Trade, said the motorbike support industry is the most successful sector, with the local rate of domestically produced motorbikes of about 85-90 percent. Vietnam currently has hundreds of businesses producing spare parts and components for motorbikes. The main components are mostly produced in large quantities, meeting the standards of assemblers and creating a good supply system. In addition, businesses producing spare parts and components for the auto industry have partly met demand. According to the Ministry of Industry and Trade’s Industry Department, the export value of engineering products reached more than US$13 billion in 2016, mainly from household appliances, and auto and motorcycle spare parts. Including iron and steel, the value reached over US$16 billion. The foundry sector, playing an important role in support industry development, can account for 40-70 percent of the value in the … [Read more...] about Engineering support industry needs more support

The Hanoitimes - Dung said that once the thermal power plants work under their designed capacity, the economy will be hit. There would be no reason accepted for the thin coal supply for power plants in the country, Vietnamese Deputy Prime Minister Trinh Dinh Dung said at a government meeting on December 12.    Deputy PM Trinh Dinh Dung at a meeting on Dec 12. Photo: Chinhphu.vn Dung told representatives of Vietnam National Coal-Mineral Industries Holding Corporation (Vinacomin) and Vietnam Electricity (EVN) that once the thermal power plants work under designed capacity, the economy will be hurt.  Dung emphasized the importance of coal supply as thermal power and hydropower are the main power sources for Vietnam but hydropower has reached its maximum capacity while other kinds of energy remain modest.  Currently, coal-fired power accounts for roughly 45% of the country’s total electricity supply, followed by hydropower with 30%.  Earlier … [Read more...] about No excuse for coal shortage in generating power: Deputy PM tells Vinacomin

Problems At a recent seminar sponsored by the Ministry of Industry and Trade to review implementation of Government Decree 68/2017/ND-CP after its first year, representatives of many localities said contradictions between some provisions of the directive and other laws and regulations have caused their localities problems managing and developing IZs. Dam Tien Thang, Deputy Director of the Hanoi Department of Industry and Trade said that according to Decree 68, when two or more enterprises register technical infrastructure development in the same IZ, the local department of industry and trade must choose one of the registered firms as the project contractor by verifying the contractor’s financial capability and experience. “Although we followed the decree, some said at the city people’s committee’s meetings that we didn’t observe the law, and what we must do is to issue bids for choosing a contractor,” Thang said. Phan Van Hung, Deputy Director of the … [Read more...] about IZ guidelines clash with other regulations, must be amended

The Hanoitimes - The report calls on the Vietnamese government to apply and increase the feed-in-tariff for all biomass energy technologies to USD9.35c per kilowatt hour (kWh) from the current tariff of USD5.4c per kWh. Vietnam’s sugar industry could generate enough clean biomass electricity to power 630,000 households per year, create thousands of jobs and reduce carbon emissions, according to a report launched by GGGI and GIZ Monday.     Illustrative photo Vietnam is now home to 41 sugar mills, which generate over USD$1 billion in revenue, contributing at least 0.53% of GDP. The total energy production could reach 4,300 GWh per year, which is enough to power 630,000 households. The report’s conclusions are based on pre-feasibility studies conducted by GGGI and GIZ at five sugar mills across the country. The report scales up the detailed analysis to the national level to provide recommendations for the government on how to unleash the potential of … [Read more...] about Vietnam sugar industry can power 630,000 households annually