Providing a fresh perspective on how the transition could be executed effectively, the US Embassy shared its experiences in developing policy regarding transformation and potential support. The US is willing to share its technology, capital, and policy/technical expertise to help Vietnam in energy transition, Sean M. Lawlor, an energy officer at Econ-ESTH Section from the US Embassy in Vietnam said at a conference held in Hanoi this week. The conference themed “Strategies & Partnerships to accelerate Vietnam’s energy transition” was jointly organized by Cong Thuong Newspaper and GE Vietnam, one of the first American companies opening representative office in Hanoi in 1993, even before the US embargo was lifted. “The US initiated the energy switch more than a decade ago and has reported a drop in the use of coal by half, a jump of natural gas to 38% in the country’s energy mix, and clean energy solutions as favored by the government," Sean M. Lawlor said. He added that … [Read more...] about US willing to share technology to help Vietnam in energy transition
Content 7 1 potential and kinetic energy answers
Vietnam, Belgium seek stronger partnership in renewable energy, port development
Illustrative image (Source: baodautu.vn) Hanoi (VNA) – A workshop themed “Vietnam as your Green business opportunities destination” was held by the Belgian Vietnamese Alliance (BVA) and the Flanders International Technical Agency (FITA) in Brussels on June 22 to introduce Vietnam’s potential in renewable energy and sustainable port development. Addressing the event, Vietnamese Ambassador to Belgium and Luxembourg Nguyen Van Thao said that although the world in general and the two regions of Asia and Europe in particular have seen positive signs of a “new normal” period after two years of being hit by COVID-19, the global economic environment has remained fragile due to various factors, including geopolitical uncertainties, new variants of the SARS-CoV-2 virus, severe disruption of supply chains, pressures from rising inflation, as well as the challenges in sustainable development and the unpredictable impacts of climate change. As a coastal country that suffers regular … [Read more...] about Vietnam, Belgium seek stronger partnership in renewable energy, port development
Corio partners with Vietnam’s FECON on Vung Tau wind farm
The Corio Generation teams up with FECON at the offshore wind power project in Ba Ria-Vung Tau province The partnership demonstrates Corio’s commitment towards renewable energy development in Vietnam, said company representatives at a signing ceremony in Hanoi. The proposed offshore windfarm, located 23-35km from the coast, could be among the first large-scale offshore wind projects to be built in Vietnam, once licences and approvals are obtained. The fixed-bottom project could produce around 1,250GWh of clean electricity and avoid more than 600,000 tonnes of carbon emissions a year, according to an analysis by the Green Investment Group. Guillermo Martinez-Navas, senior director of Corio Generation, giving remarks at the signing ceremony “With its vast wind resources, Vietnam can be a Southeast Asian powerhouse in offshore wind, providing clean, affordable electricity, as well as supporting jobs and economic opportunities for local communities,” said … [Read more...] about Corio partners with Vietnam’s FECON on Vung Tau wind farm
Sanofi’s leader sees Vietnam as a promising market for healthcare
Vietnam is facing heavy burdens of morbidity and mortality caused by non-communicable diseases. Therefore, being able to control risk factors, improve disease prevention, make early diagnoses, and manage treatments of such illnesses are the common targets of the health system and society. Besides being the leading unit in treating some chronic diseases, Sanofi is at the forefront of the investment trend in digital healthcare transformation. One of the outstanding projects is the "Ask For Better" Q&A with experts series, a cooperative programme between Sanofi with the University Medical Center of Ho Chi Minh City, the Hanoi Medical University Hospital, and Jio Health. This programme has been broadcasted periodically to answer questions from the audiences and improve the knowledge of society on common non-communicable diseases. It attracted over 570.800 views in 2021. This show has been presented on diverse digital platforms with the purpose of increasing the interaction … [Read more...] about Sanofi’s leader sees Vietnam as a promising market for healthcare
Investors clamour for wind incentives
Wind experts in Vietnam are suggesting improved bankability in order to attract finance from elsewhere, Photo: Shutterstock Mark Hutchinson, chair of the Southeast Asia Task Force at the Global Wind Energy Council (GWEC) said the investment rate of offshore wind power projects is very large. Therefore, Vietnam needs to have a clear process and an appropriate price to attract investors. At the same time, it is also necessary to consider the supply chain and develop seaport infrastructure. Commenting on the target of 7GW by 2030 as set out in the draft Power Development Plan VIII (PDP8), Hutchinson said it is necessary to have a conversion mechanism for the first 4GW, then implement a bidding mechanism for the remaining 3GW. “If we switch directly to the bidding mechanism, this goal will be difficult to achieve. Besides this, it is necessary to have capital financing from international banks because domestic banks have limited capital supply,” Hutchinson said at a conference two … [Read more...] about Investors clamour for wind incentives
Việt Nam becomes major supplier of farm produce to UK
Speakers at a conference titled ‘UK Market: Unlocking great potential by leveraging advantages of the UKVFTA’ held in HCM City on Thursday. — VNS Photo Bồ Xuân Hiệp HCM CITY — Việt Nam has emerged as a major Southeast Asian supplier of farm produce and aquaculture products to the UK following the UK-Vietnam Free Trade Agreement (UKVFTA) they signed, speakers said at a conference on Thursday. Speaking at ‘UK Market: Unlocking great potential by leveraging advantages of the UKVFTA,’ Oliver Todd, British consul general in HCM City, said Việt Nam could replace other countries such as India and Indonesia as a major supplier of agricultural and aquaculture products to his country. Todd, who is also director of UK Trade and Investment in Việt Nam, said Vietnamese exporters should be well prepared if they want to boost exports to the choosy market. It is important to learn about import demand and standards and requirements for exporting to the British market, he said. Chris Milliken, … [Read more...] about Việt Nam becomes major supplier of farm produce to UK
Viet Nam becomes major supplier of farm produce to UK
Speakers at a conference titled ‘UK Market: Unlocking great potential by leveraging advantages of the UKVFTA’ held in HCM City on Thursday. — VNS Photo Bo Xuan Hiep Viet Nam has emerged as a major Southeast Asian supplier of farm produce and aquaculture products to the UK following the UK-Vietnam Free Trade Agreement (UKVFTA) they signed, speakers said at a conference on Thursday. Speaking at ‘UK Market: Unlocking great potential by leveraging advantages of the UKVFTA,’ Oliver Todd, British consul general in HCM City, said Viet Nam could replace other countries such as India and Indonesia as a major supplier of agricultural and aquaculture products to his country. Todd, who is also director of UK Trade and Investment in Viet Nam, said Vietnamese exporters should be well prepared if they want to boost exports to the choosy market. It is important to learn about import demand and standards and requirements for exporting to the British market, he said. Chris Milliken, vice … [Read more...] about Viet Nam becomes major supplier of farm produce to UK
Vietnam becomes major supplier of farm produce to UK
Speaking at ‘UK Market: Unlocking great potential by leveraging advantages of the UKVFTA,’ Oliver Todd, British consul general in HCM City, said Vietnam could replace other countries such as India and Indonesia as a major supplier of agricultural and aquaculture products to his country. Todd, who is also director of UK Trade and Investment in Vietnam, said Vietnamese exporters should be well prepared if they want to boost exports to the choosy market. It is important to learn about import demand and standards and requirements for exporting to the British market, he said. Chris Milliken, vice president of the British Chamber of Commerce in Vietnam (BritCham), said there is ample scope to grow bilateral trade thanks to the trade deal. “Vietnam and the UK are not competing against each other in any industry; they commercially complement each other.” He pointed to the FTA as the leading pillar of the joint commitment to deepen bilateral trade, saying it was a mutual agreement to … [Read more...] about Vietnam becomes major supplier of farm produce to UK
Vietnam emerges as major agricultural supplier to U.K. following UKVFTA
Speaking at “U.K. Market: Unlocking great potential by leveraging advantages of the UKVFTA,” Oliver Todd, British consul general in HCM City, said Vietnam can replace other countries such as India and Indonesia as a major supplier of agricultural and aquaculture products to his country. Todd, who is also director of the U.K. Trade and Investment in Vietnam, said Vietnamese exporters should be well prepared if they want to boost exports to the choosy market. It is important to learn about import demand and standards and requirements for exporting to the British market, he said. Chris Milliken, vice president of the British Chamber of Commerce in Vietnam (BritCham), said there is ample scope to grow bilateral trade thanks to the trade deal. “Vietnam and the U.K. are not competing against each other in any industry; they commercially complement each other.” He pointed to the FTA as the leading pillar of the joint commitment to deepen bilateral trade, saying it was a mutual … [Read more...] about Vietnam emerges as major agricultural supplier to U.K. following UKVFTA
Top legislator’s visit to Hungary expected to deepen bilateral ties
National Assembly Chairman Vương Đình Huệ. —VNA/VNS Photo Vietnamese Ambassador to Hungary Nguyễn Thị Bích Thảo talks to Vietnam News Agency about the official visit to Hungary by National Assembly Chairman Vương Đình Huệ, which is scheduled for June 26-28. Could you talk about the meaning and purposes of the official visit to Hungary by NA Chairman Vương Đình Huệ? This is an important visit by a Vietnamese high-ranking leader to deepen the comprehensive partnership and the parliamentarian relations between Việt Nam and Hungary, amid the context the two countries are in a period of economic recovery after the COVID-19 pandemic. Việt Nam and Hungary have a history of 72 years of friendship and cooperation in many fields, such as education and training, law and justice, culture, sports and people-to-people exchanges. Hungary considers Việt Nam an important partner in the Southeast Asian region. The two countries established the comprehensive partnership in September 2018, … [Read more...] about Top legislator’s visit to Hungary expected to deepen bilateral ties