Hanoi (VNA) – The National Energy Development Strategy by 2030, with vision to 2045 aims to ensure national energy security, which serves as a foundation for growth. With such importance, the Politburo has approved a resolution which sets directions for the strategy. According to the Politburo, Vietnam is facing challenges in meeting national energy security targets and still has to import energy due to insufficient domestic supplies. Many power projects have been delayed and several projects invested by State-owned enterprises have incurred losses while the efficiency of energy exploitation remains low. Therefore, the strategy will prioritise rapid and sustainable energy development along with environmental protection and national security safeguarding. It also aims to diversify sources of energy and effectively use renewable, clean and new energy sources. Vietnam will prioritise wind and solar power and encourage investment in power plants using urban … [Read more...] about Strategy aims to ensure national energy security
Energy security
Vietnam encourages private investment in energy: Politburo
According to the Politburo, Vietnam is facing challenges in meeting national energy security targets and still has to import energy due to insufficient domestic supplies. Many power projects have been delayed and several projects invested by State-owned enterprises have incurred losses while the efficiency of energy exploitation remains low. … [Read more...] about Vietnam encourages private investment in energy: Politburo
Politburo encourages private investment in energy sector
General Party Secretary and State President Nguyen Phu Trong, working on behalf of the Politburo, the most important decision-making committee of the Party, signed a resolution guiding a strategy for Vietnam’s energy development until 2030 with a vision toward 2045. … [Read more...] about Politburo encourages private investment in energy sector
Indonesia loosens restrictions in mining law
Jakarta (VNA) – The Indonesian government is amending the Mining Law 2009 to loosen several restrictions, in an effort to contribute to national economic growth. Speaking to a lower house’s committee on February 13, Indonesian Minister of Energy and Mineral Resources Arifin Tasrif announced five principles of law revisions, including economic growth, energy security, natural resources and environment protection, and sustainable development. The government also hopes that mining companies will invest in downstream industries such as coal-fired power and coal gasification plants. The largest Southeast Asian economy initially targeted putting 51 nickel and bauxite processing plants into operation by 2022, but now decreasing it to 38./. … [Read more...] about Indonesia loosens restrictions in mining law
Viettel striving to become an imternational cyber security solution supplier
According to Chief of the Cyber Security and Telecommunication Equipment Division of the Military-Run Telecommunications and Industry (Viettel) Nguyen Van Thanh, electronic devices are smarter and smarter, bringing benefit and convenience to people. But it seems as if many Vietnamese people fail to protect their smart devices and their privacy when they are in cyberspace. … [Read more...] about Viettel striving to become an imternational cyber security solution supplier
