Developments for renewable energy

Photo: Workshop discusses impacts of COP26 on energy transition towards green growth. (Photo: VietnamPlus) Hanoi (VNA) - Building an appropriate and sustainable energy transition and development strategy following the country's conditions is Vietnam's most important green growth task, said Deputy Minister of Industry and Trade Dang Hoang An. Vietnam will develop gas-fired power plants using imported LNG at an appropriate scale; promote the development of renewable energy sources at reasonable prices in association with ensuring electricity system’s operation safety. This information was given at a conference on the impact of COP26 on the energy transition towards green growth, held by the Ministry of Industry and Trade (MoIT) on August 17 in Hanoi. Minimising coal thermal power A representative of the MoIT said that Vietnam had experienced more than 20 consecutive years with an annual economic growth rate of 5.9-7%, including the world economic downturn period … [Read more...] about Vietnam speeds up energy transition towards green growth

Europe's energy crisis has upended the green transition and undermined efforts keep global warming below 1.5 degrees Celsius, business leaders and environmentalists said on Monday, with one warning of an "existential threat" to climate goals. With parts of Europe facing a possible fuel shortage this winter, panelists at the Reuters IMPACT sustainability conference in London addressed the challenge of keeping the power on - sometimes by producing and using more coal - without giving up on the region's climate goals. "We're in a transformational moment," said Steve Malkin, CEO of environmental consultancy Planet Mark, noting the war in Ukraine and resulting energy crisis posed an "existential threat" to countries' sustainability goals. Prices for thermal coal, used to generate electricity, and other fossil fuels have soared, as many European countries go with less Russian gas. While coal demand had been expected to decline in the long-term, there's been a resurgence in Europe in … [Read more...] about Energy crisis seen posing ‘existential threat’ to climate goals

Party General Secretary Nguyen Phu Trong speaks at event. (Photo: VNA) He made the remarks when addressing the opening of the sixth plenum of the 13th Party Central Committee on October 3. The Party leader said this plenum aims to scrutinize the study and implementation of key major contents and issues in the Resolution of the 13th National Party Congress. Regarding the socio-economic and State budget performance in 2022, General Secretary Trong said fast, complicated and unprecedented changes in the world have negatively affected economic recovery and development in Vietnam. He asked the Party Central Committee to analyze the outstanding features of the year 2022, clarify existing shortcomings and weaknesses as well as difficulties and obstacles, and pinpointed their causes with a view to defining guiding viewpoints, targets and tasks and solutions for 2023. As the plenum will consider and give opinions on the orientations of the national master plan for 2021-2030 with a … [Read more...] about Party leader urges Party Central Committee to seek new measures for implementing

Party General Secretary Nguyen Phu Trong speaks at event. (Photo: VNA) Hanoi (VNA) – Party General Secretary Nguyen Phu Trong stressed that many major issues have been implemented for a long time but the results have not met expectations, thus requiring new resolve and new measures to address them at a different scale to meet the requirements of the new situation. He made the remarks when addressing the opening of the sixth plenum of the 13th Party Central Committee on October 3. The Party leader said this plenum aims to scrutinize the study and implementation of key major contents and issues in the Resolution of the 13th National Party Congress. Regarding the socio-economic and State budget performance in 2022, General Secretary Trong said fast, complicated and unprecedented changes in the world have negatively affected economic recovery and development in Vietnam. He asked the Party Central Committee to analyse the outstanding features of the year 2022, clarify … [Read more...] about Party leader urges Party Central Committee to seek new measures for implementing major issues

Vietnam is well known among tourists for massages. Across the country, there are a plethora of places where anyone can get a decent priced massage to their liking. But one type of massage service goes a little beyond 'Just a Massage' and takes us to a whole new world of the true spirit of the Vietnamese culture and community. For decades, blind massage businesses have been operating across the country. They employ mostly vision-impaired people as massage therapists. These charities and businesses do wonderful things to help visually-impaired people develop skills. Although it has been many years since I first experienced the pleasure and inspiration of the Blind Massage Association on Cong Quynh Street in District 1, Ho Chi Minh City, my experience has taken me far and wide. Blind massage spas can be found in almost every province in Vietnam. A little online search or asking your hotel will quickly locate one in any major center throughout the country. Whilst all blind massage … [Read more...] about Blind massage in Vietnam: Not ‘just a massage’ service but a spirit of community

The event also aims to support Vietnam’s commitments at the 26th United Nations Climate Change Conference of the Parties (COP26) and the socio-economic development goals specified in its National Green Growth Strategy for the 2021-2030 period. GEFE 2022 will bring together experts across sustainable business and governance for three days of conferences, exhibitions, and high-level B2B and B2G dialogue sessions, along with EuroCham Vietnam's Green Business Awards and annual Gala Dinner. The first day of GEFE 2022 will include a plenary conference, which will function as a forum for high-level dialogue between European and Vietnamese government representatives and business stakeholders to coordinate and hold discussions on green policy frameworks, national energy plans, and climate risks. GEFE 2022's three days will entail panel discussions and seminars on a broad theme, including energy and green financing on the first day, waste and sustainability on the second day, followed by … [Read more...] about Green Economy Forum & Exhibition 2022 to open in HCM City

The first sample of chip made by FPT semiconductor. (Photo courtersy of FPT) Hanoi (VNS/VNA) - Vietnam’s leading ICT company FPT Software has launched a new subsidiary, FPT Semiconductor, marking a key milestone for the company as it enters the booming semiconductor industry. Through the new subsidiary, FPT Software aims to gain a slice of Asia Pacific’s semiconductor market which accounts for 60% of global sales. FPT Semiconductor released its first integrated circuits (ICs), designed in Vietnam and manufactured in the Republic of Korea, in August 2022. These ICs will be used in Internet of Things (IoT) medical devices. By 2023, FPT Semiconductor plans to supply 25 million chips globally in seven types to meet diverse needs in telecommunications, IoT, automotive technology, energy, electronics, and others. According to a Technavio report, Vietnam's semiconductor industry is estimated to exceed 6.16 billion USD by 2024. FPT Semiconductor aims to become a … [Read more...] about FPT Software produces made in Vietnam chips

Vo Tri Thanh *Vo Tri Thanh Viet Nam’s latest economic data shows the country is on track to surpass the Government’s target of 6-6.5 per cent for GDP growth this year. However, policy actions need to maintain flexibility and caution to cope with rising external pressure. The General Statistics Office reported positive signs were seen in most socio-economic aspects in the past nine months. The macro-economy remained stable while inflation was under control, major balances were ensured and monetary and fiscal policies were implemented in a proactive, flexible and effective manner. Gross domestic product (GDP) rose 13.67 per cent in the third quarter (Q3), putting the nine-month GDP growth at 8.83 per cent, the highest in the past decade. This is a miracle rebound after a 6.02 per cent contraction a year ago when the nation shut down some factories as part of its tough pandemic control measures. The consumer price index (CPI) increased 3.32 per cent in Q3 and 2.73 per cent in … [Read more...] about Viet Nam performs well in 9 months but needs to watch for pressure ahead