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energy

PM orders urgent measures to ensure power supply for 2027–2030

PM orders urgent measures to ensure power supply for 2027–2030

The PM also called for stronger electricity-saving measures, requiring annual savings of at least 3 per cent of national power consumption and at least 10 per cent during peak hot-weather months from April to July.
Ministry proposes fund to boost energy efficiency

Ministry proposes fund to boost energy efficiency

The fund would provide preferential loans and interest-rate subsidies to encourage companies to upgrade equipment and improve energy efficiency.
PETRONAS reaffirms partnership with Việt Nam on energy security

PETRONAS reaffirms partnership with Việt Nam on energy security

Malaysia’s national oil and gas company PETRONAS has reaffirmed its commitment to working with Việt Nam to safeguard national energy security, meet rising demand and support the country’s double-digit growth target.
PM orders stronger measures to ensure power supply to support double-digit growth

PM orders stronger measures to ensure power supply to support double-digit growth

Stressing that ensuring energy security and a reliable power supply us critical as Việt Nam pursues double-digit growth, PM Hưng called on stronger determination and efforts to make necessary adjustments to the revised PDP8 to meet the rising demand.
Việt Nam proposes tripling capacity of national crude oil reserves

Việt Nam proposes tripling capacity of national crude oil reserves

Việt Nam is considering tripling the planned capacity of national crude oil reserves as it seeks to raise strategic stocks to 90 days of net imports by 2030, while also expanding petroleum links with Laos.
Clearer rules needed to turn green power into competitive advantage

Clearer rules needed to turn green power into competitive advantage

Access to stable green energy at reasonable costs is now becoming the decisive factor as green power is directly affecting investment decisions by multinational corporations, the ability to retain export orders and businesses'' participation in global value chains.
Việt Nam, Mexico strengthen energy, port cooperation

Việt Nam, Mexico strengthen energy, port cooperation

A number of Veracruz businesses expressed their wish to organise a delegation to Việt Nam to gain first-hand insights into the market, seek partners and explore investment and business opportunities, initially focusing on trade, energy, agriculture and tourism
Strong policy framework needed to develop biotech-driven economy

Strong policy framework needed to develop biotech-driven economy

Policy stability is the core of a strong biofuel ecosystem. Policy stability brings market predictability, and a predictable market will attract investments across the value chain.
Việt Nam seeks suitable model for renewable energy hubs

Việt Nam seeks suitable model for renewable energy hubs

An initial study of the renewable energy hub model completed in July 2025 proposed an integrated ecosystem combining renewable energy generation with manufacturing, infrastructure and supporting services, research and innovation and workforce training.
Power market bottlenecks must be tackled to ensure supply for growth goals

Power market bottlenecks must be tackled to ensure supply for growth goals

The National Power System and Market Operation Company (NSMO) forecasts that nationwide peak demand could approach 100,000-110,000 MW by 2030, almost double current levels.
Cà Mau taps clean energy with three wind power projects worth over 239 million

Cà Mau taps clean energy with three wind power projects worth over $239 million

The southernmost province of Cà Mau marked a new step in the development of clean energy by kicking off three wind power projects on Friday with a combined capacity of 170 MW and a total investment exceeding VNĐ6.3 trillion (about...
Phú Thọ, Korean firm sign MoU to explore water environment, energy project

Phú Thọ, Korean firm sign MoU to explore water environment, energy project

Phú Thọ will favourable conditions for the company to conduct surveys, undertake research, and finalise project proposals in line with the local master plan and development orientations, as well as Vietnamese law.
Việt Nams energy transition strengthens green growth prospects

Việt Nam’s energy transition strengthens green growth prospects

Việt Nam’s energy transition is strengthening the country’s green growth prospects and business competitiveness.
Petrovietnam proposes restoration of exploration risk fund

Petrovietnam proposes restoration of exploration risk fund

The proposal comes as many of Việt Nam''s largest oil fields, including Bạch Hổ, Rồng and Đại Hùng, have been producing for decades and are experiencing natural output declines.
Việt Nam urged to accelerate hydrogen industry development: seminar

Việt Nam urged to accelerate hydrogen industry development: seminar

Việt Nam has the potential to become a regional centre for clean energy production thanks to its abundant renewable energy resources and favourable geographical conditions.