The Hanoitimes - Local supporting policies together with global advanced technologies will help drive down input cost for wind power projects. World experts gather in Hanoi for Vietnam Wind Power 2019 Offshore wind power: Dutch lessons to help Vietnam ensure energy security GIZ aids Vietnam’s wind-to-power capacity in 5-year journey Vietnam's new price policy to boost wind power investments Vietnam has huge wind power potential and the government has outlined a roadmap to tap potential of this kind of renewable energy. Huge potential for onshore and offshore wind in Vietnam. Photo: GWEC Vietnam has become, in the eyes of investors, a destination for wind power developers for three reasons, according to the Global Wind Energy Council (GWEC). First, levelized cost of energy (LCOE), which is considered as the payback for energy systems, for onshore wind came down by 30% in the past four years. Second, wind energy with the deployment … [Read more...] about Why is wind energy more cost-competitive in Vietnam?
Is pengrowth energy a good investment
An analysis by Việt Dragon Securities Corporation has found that Vietnamese banks’ shares are a better investment than shares of foreign banks. - File PhotoViet Nam News VDSC also said that in Việt Nam, the banking sector might see merger and acquisition deals in the next few years to enable weak banks to meet Basel 2 standards. — VNS … [Read more...] about Vietnamese banks’ shares a better investment than foreign banks: VDSC
Q: Could you please tell us your expectations for your upcoming official visit to Russia and what issues you would like to discuss with President Vladimir Putin and other Russian leaders? A: At the invitation of Russian President Vladimir Putin, the Vietnamese high-ranking delegation and I are scheduled to visit the Russian Federation in the coming time. The visit takes place at a time when the relationship between the two countries is developing well; especially on the occasion of the 25th anniversary of a treaty on the basic principles for bilateral friendship in 2019, and the 70th anniversary of the diplomatic relationship between Vietnam and Russia in 2020. My official visit to Russia aims to deepen the comprehensive strategic partnership between Vietnam and Russia, strengthen strategic ties and promote cooperation in all areas. I will hold comprehensive discussions with President Putin and Russian leaders on bilateral relations, on the major directions and measures to promote … [Read more...] about The Vietnam-Russia comprehensive strategic partnership is developing in a deeper, more substantive and sustainable manner
Pham Hong Son, general director of General Electric (GE), said renewable energy depends on natural conditions and Vietnam has major potential for renewable energy development, especially wind and solar power. It is estimated that the capacity of onshore wind power in Vietnam could reach tens of thousands of MW. Vietnam can learn from the experience of Japan, China, Australia and Thailand in renewable energy development. Over the past three to five years, technologies have changed dramatically, and equipment costs have dropped, providing good conditions for Vietnam to develop renewable energy. Dang Van Thanh, chairman of the Thanh Thanh Cong Group (TTC), said renewable energy is a current trend of development internationally, given the threat of climate change. Vietnam has more than 3,000 km of coastline and being near the equator has a large volume of radiation from the sun – a very important factor for enterprises interested in producing solar energy, he said. These are the two … [Read more...] about Renewable energy development needs investment incentives
Soc Trang’s leadership receive representatives from Japan’s Mitsubishi Corporation A lucrative target for investors Last year, the province met with and presented investment opportunities to 148 investors with projects in wide-ranging fields such as high-tech agriculture, industrial zone (IZ) and industrial cluster (IC) infrastructure development, hospitality industry, renewable energy, and others. This was an 85-per-cent jump on-year in the number of projects, reaching 242 per cent of the full-year plan. The province granted investment certificates and approved proposals of 29 projects, an increase of seven projects compared to the previous year, valued at more than VND4.15 trillion ($184.4 million), a 3.5-fold increase compared to 2016. The situation remained positive in the beginning of this year. As of May 31, Soc Trang had welcomed 60 investors seeking investment opportunities in 72 projects in the province, a 45-per-cent jump on-year. Twelve projects valued at … [Read more...] about Soc Trang’s efforts make it a new investment hub