Raw Materials & Natural Resources

This category covers key natural resources, including agriculture, fisheries, forestry, mining, and energy. It explores production trends, exports, imports, and government policies affecting raw material industries. Topics include supply chain dynamics, sustainability efforts, and the role of natural resources in global commodity markets. This section is essential for understanding the resource-driven sectors that underpin the economy and their impact on domestic and international trade.

Vietnam’s Offshore Wind Power Holdup: Unpacked

At the beginning of March of this year, a 100-ton wind turbine fell apart over a fish and shrimp farm in Vietnam’s Bac Lieu province. No one was injured but some three weeks later the owner of the shrimp farm made a compensation claim in the amount of VND 160

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Offshore wind in Vietnam unlikely before 2028

The Investor is covering the Global Wind Energy Council’s Global Wind Report 2024, which says Vietnam will not have offshore wind power before 2028. The report cites the underdevelopment of Vietnam’s grid and regulatory gaps as key challenges facing offshore wind development in Vietnam. Of note, Vietnam’s Power Development Plan

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Prioritise local wind power over imports: Vietnam industry group

It was announced last week that Vietnam’s state owned power provider EVN was considering importing electricity from Laos at 7 cents per kilowatt. Nestled just near the bottom of this article from VN Express on the issue is a comment from Bui Van Thinh, chairman of the Binh Thuan Wind

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Vietnam looking to import wind power from Laos on lower prices

Vietnam is considering importing wind power from Laos because it’s cheaper, Tuoi Tre is reporting. One project in Laos is offering electricity at 7 cents per kilowatt hour whereas wind power projects in Vietnam that were online before November 1, 2021 receive 9.8 cents per kilowatt hour per a renewable

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Vietnam wind power project up for grabs in mortgagee auction

Vietnam’s Agribank is auctioning off the Phong Dien 1 wind power plant with a starting price of VND1,205 billion (US$49.6 million) after the firm behind the project Vietnam Renewable Energy Engineering (VREE) failed to meet its debt obligations , The Investor is reporting. Background: Wind power producers were offered very

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Province in southern Vietnam wants to export windpower to Singapore

The People’s Committee of Ca Mau province has put together a report on plans to export wind power to Singapore via 900 kilometres of overhead high-voltage lines and underground cables, according to Tuoi Tre. This is inline with Vietnam’s National Energy Master Plan which says Vietnam should be exporting 5,000

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Back to the drawing board for PDP8 deployment plan

A draft deployment plan for the Power Development Plan 8 (PDP8) has been sent back to the Ministry of Industry and Trade for revisions due to a lack of detail, particularly on offshore wind, according to The Investor. Why it matters: Doubts have already been raised about Vietnam’s ability to

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EU ban of Vietnamese seafood could cost upwards of US$500 million

If the EU issues Vietnam’s seafood industry with a red card under its illegal, unreported, and unregulated (IUU) fishing regulations it could cost Vietnam’s seafood industry half a billion dollars according to ‘industry insiders and policymakers’, Vietnam News is reporting. Vietnam was issued a yellow card under the the EU’s

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Vietnam’s offshore wind (OSW) targets in doubt

“To meet the PDP8 scheduled target, the OSW projects should have been identified, investors selected, and permits issued by now,” according to a blog post from the law firm Shearman and Sterling. The law firm points out that the typical lead time for OSW projects is 5 to 7 years

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