September 10, 2024

Another European renewables firm planning to exit Vietnam: Reuters

Italy’s Enel, a producer of renewable energy, is looking to exit the Vientam market, Reuters has reported. This comes just weeks after it was reported that Norwegian energy firm, Equinor, would be closing its office in Hanoi.  Though both firms have suggested their exit is related to broader restructuring of

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Can Vietnam Ever Quit Coal?

At the Conference of Parties in Glasgow in 2021, Vietnam committed to reducing its carbon emissions to net-zero by 2050 a big part of which was reducing the burgeoning Southeast Asian nation’s dependence on coal. Three years on, however, and Vietnam’s de-coalification appears to have stalled with coal power and coal imports both on the rise. So what’s changed? Why has it changed? And what might happen next?

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PetroVietnam Fertilizer and Chemicals Corporation: Vietnam Stock Overview

It’s notable that domestic urea production capacity currently exceeds actual demand. While the annual domestic demand for urea is estimated to be between 1.6 and 1.8 million tons, domestic urea production capacity is approximately 3 million tons. To tackle this issue, large fertiliser companies like DPM are concentrating on growing their market share in NPK, a type of fertiliser that includes nitrogen, phosphorus, and potassium…

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