Energy

Vietnam’s National Assembly approves the 2026 socio-economic plan, highlighting special mechanisms to attract major energy projects and diversify export markets.

The program implements Resolution No. 70-NQ/TW, setting targets to secure stable, clean, and sustainable energy supply for economic growth through 2045.

The Ministry of Industry and Trade convened a dialogue with businesses to address bottlenecks and accelerate the development of Vietnam’s competitive power market.

Hai Phong has broken ground on two large-scale projects, underscoring its commitment to a green economic transition and sustainable industrial growth.

With a strategic vision, Resolution 70 sets the goal of making renewable energy a key driver of growth, linking economic development with international commitments.

Deputy Minister Nguyen Hoang Long and German Ambassador Helga Margarete Barth discussed the Vietnam-Germany Energy Partnership to strengthen bilateral projects.

Vietnam and Malaysia agreed to boost trade, oil and gas, and green energy cooperation, setting a target of $18 billion in bilateral trade.

Vietnam restarts nuclear projects and identifies offshore wind as a breakthrough, opening major opportunities for domestic firms to join the supply chain.

To meet next year’s power demand, EVNNPT is expediting major transmission projects nationwide, reinforcing energy security for sustainable growth.

Vietnam’s Resolution 70 is seen as a breakthrough to ease regulatory bottlenecks, mobilize capital, and ensure long-term energy security.

Hanoi shifts focus to green rural industry, prioritizing eco-friendly tech, high-value products, and sustainable development in its new industrial strategy.

E10 sales surged in August, showing rising consumer trust and marking a key step in Vietnam’s clean energy roadmap toward Net Zero 2050.

As Malaysia’s national energy champion, Petronas is not only safeguarding its energy legacy but also emerging as a pioneer in green transformation, offering valuable insights for Vietnamese enterprises.

Amid global decarbonization efforts, Asian countries are reigniting nuclear energy ambitions with advanced technologies, signaling a pragmatic shift in the region’s clean energy transition.

With the theme "Advancing Asia's Energy Transition", Energy Asia 2025 reaffirmed the region’s central role in reshaping the world’s energy landscape through pragmatic, equitable, and responsible approaches.

The Asian Development Bank and GEAPP have launched ENABLE, a new platform to accelerate battery energy storage deployment in Asia-Pacific. Backed by a $750,000 grant, the initiative will support countries like Vietnam in integrating more renewable energy into their power systems.

On the afternoon of June 4 in Paris, France, a special meeting took place between Minister Nguyen Hong Dien and Dr. Fatih Birol, Executive Director of the International Energy Agency.

Vietnamese enterprises and associations, along with partners from the U.S. state of Iowa, have signed five Memoranda of Understanding (MoUs) worth a combined total of approximately USD 800 million, to be implemented over the next three years.

The Vietnamese government has officially revised the eighth national power development plan, setting bold targets for electricity production and renewable energy adoption through 2050.

Vietnam is focusing on the development and application of green energy technologies, including the technology surrounding wind turbine blades and solar panel production, as it wants to fully tap its advantages in geography and climate to develop renewable energy.

This year’s hot season is expected to begin in the second half of April across many parts of Vietnam and last for two to three months, according to the National Centre for Hydro-Meteorological Forecasting. As a result, electricity consumption is projected to surge dramatically.

Son noted the Block 15-2 contract is a crucial step after the 2022 Law on Oil and Gas took effect, urging contractors to carry out their commitments to maximise the productivity of the block as well as enhance oil recovery rate – an important task to ensure energy security.

The Tra Vinh provincial People’s Committee has given the green light to the investment policy for five wind power projects, for an investment total of over 13.8 trillion VND.

The reactivation of nuclear power projects will help Vietnam diversify its energy supply sources, guarantee energy security, and achieve its economic growth target as well as its commitment to reaching net-zero emissions by 2050.

The 500 kV Lao Cai – Vinh Yen transmission line is a strategic national infrastructure project approved by the Government, with Vietnam Electricity (EVN) as the investor. The double-circuit transmission line will span 229.5 kilometers, with 468 tower foundations across the four northern provinces of Lao Cai, Yen Bai, Phu Tho, and Vinh Phuc. The total investment for the project is over 7.41 trillion VND (290.41 million USD).

A joint oil exploration and extraction project in Algeria, involving Vietnam’s Petrovietnam Exploration Production Corporation (PVEP), Algeria’s state-owned Sonatrach, and Thailand’s PTTEP, has entered its second phase, building on a track record of success.

Vietnam’s consistent policy is to foster a balanced, sustainable, stable, and win-win economic relationship with the US, the minister stated. Vietnam does not intend to create any barriers that could negatively impact the US’s workers or its economic and national security, Minister of Industry and Trade Nguyen Hong Dien said.

Vietnam's hydrogen strategy sets an ambitious goal of producing 100,000 to 500,000 tonnes of green hydrogen annually by 2030, with a long-term target of 10 to 20 million tonnes per year by 2050.

The resolution stipulates several special mechanisms and policies for the development of the project, including the Ninh Thuan 1 and Ninh Thuan 2 nuclear power plants, and component projects, along with some others for the south-central province of Ninh Thuan to support the project implementation.

The Politburo established a framework for private participation with the issuance of Resolution 55-NQ/TW on February 2020, outlining Vietnam’s energy development strategy until 2030 with a vision to 2045.