News
Green economy: finish line cannot be reached overnight
Developing green economy and green agriculture is a ‘growing trend’ in Vietnam which will help it reach the ‘net zero’ goal by 2050 as committed at COP 26. However, many business owners think that it is far-fetched and unnecessary for now. They have to reform ...
Vietnam will run carbon trade exchange in 2028
Vietnam will officially run a carbon trade exchange in 2028, according to a draft project on the development of a carbon market in Vietnam conducted by the Ministry of Natural Resources and Environment. According to the draft, Vietnam will pilot the operation of this carbon ...
Vietnam aims for sustainable development with Power Development Plan VIII
The Power Development Plan for the 2021-2030 period, with a vision to 2050 (PDP VIII), is a particularly important plan that aims to ensure national energy security and provide adequate and stable electricity at reasonable prices for rapid and sustainable socio-economic development.PDP VIII is designed ...
National Strategy on Climate Change for 2050 approved
Deputy Prime Minister Le Van Thanh has signed a decision approving the National Strategy on Climate Change for 2050. The overall objective of the strategy, set out in Decision 896/QD-TTg, is to proactively and effectively adapt to climate change, reduce greenhouse gas emissions to net ...
Vietnam faces problems in developing power sources
The Ministry of Industry and Trade’s (MOIT) report to the Prime Minister on the PDP VIII shows big changes in installed power capacity by 2030. It is expected that total capacity would reach 145,930 MW, not including solar power and cogeneration sources. Vietnam plans to step up ...
Vietnam pushes for energy restructuring: official
Vietnam is determined to restruct its enegy sector, said Deputy Minister of Industry and Trade Dang Hoang An at the 4th High-Level Meeting of the Vietnam Energy Partnership Group (VEPG) held in Hanoi on January 24.An important highlight of the function was the introduction of ...
Global CO2 emissions far off net-zero trajectory
Most countries are nowhere near on track to achieve net-zero emissions by the middle of this century, while many including Vietnam have showed large emissions increases. Net zero has become symbolically and diplomatically important for policymakers, but the goal will remain far out of reach ...