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.
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.
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.
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 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.
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 has the potential to become a regional centre for clean energy production thanks to its abundant renewable energy resources and favourable geographical conditions.
The Prime Minister has urged the northern border province of Điện Biên to accelerate the development of tourism, services and its border-gate economy, while improving transport infrastructure and the investment climate to support long-term growth.
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...