energy
The Energy category covers oil, gas, renewables, and power generation, exploring production trends, infrastructure investment, geopolitical risks, and regulatory frameworks. It provides insights into market pricing, sustainability efforts, and foreign investment in energy projects, making it essential for businesses, policymakers, and investors tracking the energy sector.
NA electricity report reflects general consensus on pricing mechanism
A National Assembly committee has put together a report on the adjustment mechanism of electricity prices in Vietnam finding that it is insufficient, according to The Investor. The article goes on to break down how electricity adjustments are made, however, the general gist is that it needs to be adjusted
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
Calls to deregulate electricity prices in Vietnam
Deregulating electricity prices could create an ‘economic breakthrough’, according to Thien Dinh Tran, former Director of the Vietnam Institute of Economics, and reported by Dan Tri. He points out that it was done before with food prices and that it made a big economic differnce Eds note: Deregulating electricity prices
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
Power shortages in northern Vietnam next dry season likely
Northern Vietnam’s power supply next dry season may fall short by up to 10 percent in a worst case scenario according to the Ministry of Industry and Trade, and reported by The Saigon Times. The publication goes on to dub the power supply a ‘significant challenge’ though this may be
Some renewable energy firms are struggling to make money in Vietnam
High-interest payments on corporate bonds issued to fund a number of renewable energy projects in Vietnam are making it difficult for a number of renewable energy generators to turn a profit, Vietnam News is reporting. Up until the last year or so bonds were a popular way to raise capital
Vietnam 5th cheapest country to charge an EV but…
Vietnam is the fifth cheapest place to charge an EV according to Compare the Market as reported in Doanh Nhan Saigon. However, this flex should come with one big caveat–Electricity prices are regulated by the government in Vietnam which has led to supply issues per this analysis from the-shiv. Ergo,
Vietnam competitive electricity market a ‘dream’ on retail price controls
VN Express is carrying this analysis of Vietnam’s electricity sector focused on the development of a competitive electricity market. It has a quote from Bui Xuan Hoi, principal of the Northern Electricity College, who says a competitive electricity market is nothing more than a ‘dream’ in the context of government
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
Lack of, slow policy development may hinder wind power development in Vietnam
The Investor has a write-up of the Global Offshore Wind Report 2023 in which it highlights that a lack of timely supporting policy can be off putting to investors. Specifically, Vietnam introduced a policy a few years ago that would see wind farms completed by the end of 2020 paid
Japanese to build biomass plant in northern Vietnam
Japanese firm Erex is considering building a 50 megawatt biomass plant in Vietnam’s Bac Kan province, according to The Investor. This is alongside a number of other biomass power projects in neighbouring provinces. Under Vietnam’s Power Development Plan 8, approved earlier this year, biomass is slated to account for 2,270
Electricity purchase prices to be higher in low-sun areas: MOIT
The Ministry of Industry and Trade has floated the idea of paying different prices for renewables produced in different regions, according to VN Express. Essentially the argument is that to encourage the development of solar projects in areas where there is less sun, power generators should be paid more. Eds
Some SEA solar products circumventing Chinese solar duties: US Dept. Commerce
Some solar products exported from Vietnam, Thailand, Cambodia, and Malaysia are circumventing duties applied to some Chinese solar products the US Department of Commerce has found, and Solar Power World is reporting. A presidential proclamation from June 6, however, exempts solar imports from the four Southeast Asian countries from paying
VN’s natural gas dreams stall on contract delays
Prolonged negotiations over guarantees on power purchases and prices between state power provider Electricity Vietnam (EVN) and private power project developers may delay Vietnam’s shift to LNG, according to the Vietnam Investment Review. Giang Duy Nguyen, Deputy Director General of PV Power, a private power developer with two projects in
In today’s Vietnam news: More land for Trump golf course, Hanoi metro awarded Vingroup, Rising bank bond interest rates, GE contract stalled power plant
In today’s Vietnam news: MSCI market review, Russia’s Gazprom abandons LNG plant project, Horror movie making warning, Banking risk analysis, Denmark-VN ethanol cooperation, Work
In today’s Vietnam news: Thailand vs Vietnam tourism, India missile purchase final stages, Airport rail connections Long Thanh, BESS development Northern Vietnam, New US
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It