Achieving greater energy independence is becoming increasingly important for Vietnamese businesses as electrification, digital transformation and the global transition towards low-carbon development reshape manufacturing, supply chains and international trade.
Nationwide biofuel gasoline consumption had reached approximately 980 million litres as of June 28, including 924 million litres of E10 and 56 million litres of E5. E10 accounted for more than 96 per cent of total biofuel gasoline consumption.
One month after Việt Nam rolled out E10 nationwide, the biofuel has captured more than 96 per cent of petrol consumption, with authorities reporting stable supplies, smooth market operations and early signs of improved air quality in Hà Nội and...
Dư Văn Toán of the Institute of Meteorology, Hydrology, Environment and Marine Sciences under the Ministry of Agriculture and Environment discussed with Vietnam News Agency the feasibility of applying this model in Việt Nam and the policy mechanisms needed to...
Under Resolution No 34/NQ-CP issued on June 30, the government prolonged the exemption of the environmental protection tax, value-added tax (VAT) and most-favoured-nation (MFN) import tariff on petroleum products, fuel production feedstock and aviation fuel for an additional three months.
The oil and gas industry no longer enjoys the favourable conditions of previous decades, with many major oil and gas fields entering decline while new discoveries are increasingly located in deeper waters, requiring higher investment, more advanced technology and stricter...
The event was held as part of the Vietnam Energy Efficiency Community under the National Programme on Energy Efficiency and Conservation for 2019–2030 (VNEEP3).
A new wave of global demand for greener vessels and mounting pressure to diversify supply chains is offering Việt Nam a rare opportunity for the country to revive and expand its shipbuilding industry after more than a decade of restructuring.
Determining an appropriate reserve level, designing a suitable stockpiling model and defining the responsibilities of the Government and the private sector would depend on Việt Nam''s legal and policy framework, said the JICA expert.
Renewable energy and nuclear power now account for around 42 per cent of global electricity generation, while wind and solar power are on track to overtake coal as the world''s top source of electricity.
Việt Nam’s southern province of Tây Ninh marked a significant milestone in its investment promotion efforts in Europe with the successful organisation of an investment conference in Amsterdam, the Netherlands, on June 23.
Experts said the challenge of ensuring sufficient electricity supply is becoming more complex as Việt Nam pursues ambitious economic growth targets while grappling with geopolitical uncertainties, climate change and growing pressure to reduce carbon emissions.
The nationwide rollout of E10 biofuel gasoline is creating a significant market for domestically produced ethanol, boosting demand for cassava and agricultural by-products.