Ko, now 39, launched himself into a career in the renewables industry about 15 years ago, working on green projects in a dozen countries before returning home to the capital Kuala Lumpur. There he teamed up with two school-friends in 2012 to co-found Plus Xnergy, a company that helps homes, businesses and buildings to develop their own solar power systems or source clean energy supplies from elsewhere. The entrepreneur - who has worked with the likes of furniture retailer IKEA, logistics giant DHL and entertainment conglomerate Sony and has developed six solar farms across Malaysia - said awareness about renewable energy among his country folk is the highest he has known. Nonetheless, Ko and other energy experts warned that Malaysia is trailing its Southeast Asian neighbors on clean energy expansion, as a lack of financial incentives and investment, coupled with red-tape, hold back the big projects needed for the country to meet its ambitious climate goals. "Malaysia is … [Read more...] about Malaysia faces ‘inconvenient truth’ on clean energy goals
National renewable energy laboratory
HEINEKEN Vietnam renews traffic safety partnership
HEINEKEN Vietnam and the National Traffic Safety Committee (NTSC) renewed their partnership in December with the initiative ‘When You Drink, Never Drive’ (WYDND) which advocates a positive shift away from unhealthy drink-driving behaviours. The scheme has been in place, in one shape or another, since 2008, and will take an alternative approach to the issue over the next two years. The partnership aims to pilot activities that reinforce road safety culture, promoting responsible drinking and clean driving habits for state agency and local enterprise employees. The NTSC and HEINEKEN Vietnam have worked together to create a set of traffic safety regulations within the WYDND framework, and the initiative will present comprehensive and practical solutions with the purpose of safeguarding Vietnamese consumers against dangerous consumption and behaviour. Tran Huu Minh, head of the NTSC Office, complimented HEINEKEN Vietnam’s efforts. “The company has proactively organised … [Read more...] about HEINEKEN Vietnam renews traffic safety partnership
UK joining CPTPP a fundamental change to the bloc: minister
UK Minister of International Trade Greg Hands visited Vietnam on Wednesday to explore trade cooperation opportunities between the two countries. His visit came amidst the UK’s pursuit of full membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in 2023. Vietnam is the first stop on the minister’s three-day trip to three Southeast Asian countries, all of which are founding members of the partnership. During an exclusive interview with Tuoi Tre News , Hands emphasized what the UK can offer the CPTPP, as well as discussed the UK’s strong strategic partnership with Vietnam. In a speech at Lancaster House on January 23, UK Trade Secretary Kemi Badenoch outlined five priorities for trade. What are your priorities as the Minister of State for Trade Policy? My personal priorities are, first, to get the UK into the CPTPP. Vietnam will play a crucial role in that progress. My second priority is to do a free trade agreement with India this … [Read more...] about UK joining CPTPP a fundamental change to the bloc: minister
MoIT proposes adjusting fuel prices every Thursday
A petrol station in HCM City (Photo: VNA) Hanoi (VNS/VNA) - Prime Minister Pham Minh Chinh has asked the Ministry of Industry and Trade (MoIT) to take measures to ensure the supply of all key commodities, especially fuel, and to stabilise the country's distribution channels for the economy after the Tet (Lunar New Year) holiday. Vietnam Electricity (EVN) was told to speed up the construction and implementation of major power projects, including renewable energy, to ensure enough power for the country's crucial industries. In addition, priority should be given to connecting isolated and remote communes to the national power and telecommunication networks. MoIT, the ministry in charge of Vietnam's power sector, was told to quickly finish and submit the country's Power Planning VIII to the central government for review. The PM said the country's top priority in the short term is to focus on boosting exports, especially agriculture products to China and neighbouring … [Read more...] about MoIT proposes adjusting fuel prices every Thursday
Don’t make electricity too expensive, PM says
"The price of electricity in Vietnam cannot be the same as that of developed countries. If the price is too high, people, businesses and the economy will not be able to bear it," Chinh told a forum Friday. "The Ministry of Industry and Trade must regulate prices without sudden changes to keep inflation under control and ensure that manufacturing growth speeds up." The national utility Vietnam Electricity (EVN) has asked to increase retail prices after posting losses of VND31 trillion ($1.3 billion) last year. The Ministry of Industry and Trade is reviewing the proposal. Vietnam’s retail electricity price currently stands at VND1,864.44 ($0.08) per kilowatt-hour. The price has been unchanged since March 2019. Vietnam’s price is 50% lower than that of the Philippines, where electricity is more expensive than anywhere else in Southeast Asia. Vietnamese prices are also lower than those in Indonesia and Thailand, according to energy data platform GlobalPetroPrices. On the other … [Read more...] about Don’t make electricity too expensive, PM says
Vietnam eyes smart cities and sustainable urban development
Vietnam should focus on accelerating urbanization and the development of a network of national smart cities with links with their peers worldwide. Vietnam’s policies on developing smart cities and promoting digital transformation have played a very significant role in the country's socio-economic development, Vice Chairman of the Party Central Committee's Economic Commission Nguyen Duc Hien said at the Vietnam Sustainable Urban Development Forum 2022 held in Hanoi this week. With the theme “Sustainable urban development towards green, smart cities, adaptation to climate change, prevention, and control of natural disasters and epidemics,” the forum is one of the largest which are held annually on urban sustainable development in Vietnam. An overview of the forum. Photo: Nguyen Ngan The vice chairman noted that developing smart cities in Vietnam have only focused on the application of smart-city services, while issues related to smart urban planning and … [Read more...] about Vietnam eyes smart cities and sustainable urban development
Vietnam – US relations naturally strategic: ambassador
For U.S. Ambassador to Vietnam Marc Evans Knapper, the bilateral relationship between Vietnam and the United States is already fundamentally strategic in nature. He is “extremely hopeful” about the possibility of upgrading the relationship to a strategic partnership. Elevating Vietnam – U.S. relations to a strategic partnership has been a prospect for a long time, and will certainly be one of the top priorities in the agenda for 2023 as the two countries celebrate the 10th anniversary of the existing comprehensive partnership. This will also be a milestone for Ambassador Knapper, who started his tenure at a special time. The role of the U.S. as a superpower has become even more important as global politics have witnessed ups and downs with economic difficulties, armed conflicts, and geopolitical tensions. In this context, the relationship between the U.S. and Vietnam, widely seen as a country with an important geopolitical position in the Indo-Pacific, is worth considering as a … [Read more...] about Vietnam – US relations naturally strategic: ambassador
MND to hold seminar on Lt. Gen. Dong Sy Nguyen
The meeting was chaired by Deputy Defense Minister Senior Lieutenant General Le Huy Vinh. Speaking at the event, Senior Lieutenant General Le Huy Vinh praised the Vietnam Military History Institute and other units for their coordination in preparing for the seminar. The deputy defense minister emphasized that Lieutenant General Dong Sy Nguyen, former Politburo member, former Vice President of the Council of Ministers (now the Deputy Prime Minister of the Government), former Deputy Minister of National Defense, former Commander of the Truong Son Corps made great contribution to national liberation, reunification, construction and defense cause. He emphasized that this seminar is one of the important events in 2023 directed by the Secretariat of the Party Central Committee. It is also a prominent event to celebrate the 100th birthday of Gen. Nguyen, honor his imprints and contribution, and educate generations of the revolutionary moral example of the general. He requested the … [Read more...] about MND to hold seminar on Lt. Gen. Dong Sy Nguyen
Lao official highlights Vietnam’s successes under CPV leadership
Boviengkham Vongdara, member of the Central Committee of the Lao People's Revolutionary Party, Minister of Science and Technology of Laos, and President of the Laos-Vietnam Friendship Association (Photo: VNA) Vientiane (VNA) – Since its foundation in 1930, the Communist Party of Vietnam (CPV) has led its country through great achievements, stated a Lao official. In an interview granted to the Vietnam News Agency’s correspondents in Vientiane, Boviengkham Vongdara , member of the Central Committee of the Lao People's Revolutionary Party (LPRP), Minister of Science and Technology of Laos, and President of the Laos-Vietnam Friendship Association (LVFA), highlighted Vietnam's major achievements under the CPV leadership through different periods, including the declaration of independence in 1945, the victories against the French colonialists and the American imperialists between 1945 and 1975. He also spoke highly of the reunification of the country in 1975, and the … [Read more...] about Lao official highlights Vietnam’s successes under CPV leadership
Businesses should be development focus: Prime Minister
The event, held by the Ministry of Industry and Trade (MoIT), aimed to promote domestic production and consumption, and expand export markets in 2023. Noting challenges to the sector this year, the Prime Minister said they should be turned into opportunities, contributing to building an economy of independence, self-reliance, and intensive, extensive and effective international integration. The MoIT needs to coordinate with other ministries, agencies and localities to diversify markets, products and supply chains, while accelerating administrative reform, infrastructure construction and institutional building, and promoting the three growth engines of consumption, investment and export, he said. The leader also stressed the importance of digital transformation, green economy, circular economy and climate change response, and urged the ministry to quickly complete the four master plans on electricity, energy, minerals and oil and gas infrastructure. Solutions should be rolled … [Read more...] about Businesses should be development focus: Prime Minister