Prime Minister calls for mulling over nuclear power development

Prime Minister calls for mulling over nuclear power development

Prime Minister Pham Minh Chinh has requested relevant agencies to mull over nuclear power development and continue updating the 8th edition of the National Power Development Plan.
PM urges stable electricity supply amid rising demand

PM urges stable electricity supply amid rising demand

Prime Minister Pham Minh Chinh on October 19 emphasised the need for early preparations to ensure a stable and efficient electricity supply and national energy security, as Vietnam is advancing its industrialisation and modernisation efforts.
Amended Electricity Law is expected to remove bottlenecks for gas-fired and offshore wind power

Amended Electricity Law is expected to remove bottlenecks for gas-fired and offshore wind power

HÀ NỘI — The amendments being considered to the Electricity Law should remove bottlenecks and create a favourable environment for the development of gas-fired and offshore wind power projects, experts said at a conference on Wednesday.
Revising the Electricity Law to create a legal framework for developing energy sources

Revising the Electricity Law to create a legal framework for developing energy sources

HÀ NỘI — Experts have emphasised the need to revise Việt Nam’s Electricity Law to align with the Party's energy policies and ensure consistency across the nation’s legal framework.
Nuclear power back on table to secure Vietnam’s energy future

Nuclear power back on table to secure Vietnam’s energy future

In a move to secure Vietnam's energy future, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan has underscored the urgent need to restore investment in and develop nuclear power, placing utmost importance on safety.
Sci-tech ministry backs restarting nuclear projects in Việt Nam

Sci-tech ministry backs restarting nuclear projects in Việt Nam

HÀ NỘI — The Ministry of Science and Technology says it is in favour of restarting nuclear energy projects in Việt Nam, in response to renewed interest from the central Government in this power source.
Vietnam promotes energy transition for sustainable development

Vietnam promotes energy transition for sustainable development

A conference themed “Renewable energy and energy efficiency” was held in Ho Chi Minh City on October 21, within the framework of the Green Economy Forum and Exhibition 2024, jointly held by the European Chamber of Commerce (EuroCham) and the Ministry of Industry and Trade (MoIT)’s Vietnam Trade Promotion Agency (Vietrade).
Increase in electricity prices concerns manufacturers

Increase in electricity prices concerns manufacturers

HÀ NỘI — The average electricity retail price has been increased by 4.8 per cent to VNĐ2,103.11 (US$0.085) per kWh on October 11, triggering worries about its impact on commercial and residential customers.
Up 4.8 percent, Vietnam

Up 4.8 percent, Vietnam's electricity price high or low in region?

The average retail price of electricity in Vietnam is VND2,103.1159 per kWh, equivalent to about US$0.084 per kWh, lower than the global average.
MoIT approves price framework to purchase electricity from Laos

MoIT approves price framework to purchase electricity from Laos

HÀ NỘI — The Ministry of Industry and Trade has issued a decision approving a price framework for electricity imports from Laos starting from December 31, 2025.
Việt Nam seeks Japan

Việt Nam seeks Japan's cooperation in hydrogen energy development

Vietnamese Consul General in Fukuoka Vũ Chi Mai pledged to support the NIC and the Ministry of Planning and Investment in seeking Japanese partners to help Việt Nam build and implement the hydrogen energy policy.
Opportunity to lead region in developing offshore wind supply chains

Opportunity to lead region in developing offshore wind supply chains

The opportunity arises from Việt Nam's significant offshore wind potential, estimated at around 600 GW.
Việt Nam’s renewable energy needs opportunities to accelerate localisation

Việt Nam’s renewable energy needs opportunities to accelerate localisation

Several Vietnamese enterprises are able to manufacture hundreds of individual wind turbine components at a time and sell them directly to foreign wind power companies or major turbine suppliers.
Foreign investors interested in Vietnam’s LNG infrastructure

Foreign investors interested in Vietnam’s LNG infrastructure

HANOI – Foreign investors, particularly those from the US, have expressed their interest in investment opportunities in Vietnam’s liquefied natural gas (LNG) infrastructure market to meet the country's energy needs.
Bến Tre to boost new, renewable energy development

Bến Tre to boost new, renewable energy development

Developing wind power projects will be one of the driving forces for Bến Tre Province’s socio-economic development, Permanent Deputy Prime Minister Nguyễn Hoà Bình said at a seminar held in the province on October 2.
Efforts exerted to complete transmission line carrying electricity from Laos in October

Efforts exerted to complete transmission line carrying electricity from Laos in October

HANOI – Efforts have been made to finish the 220kV Nam Sum – Nong Cong transmission line project in October to facilitate electricity imports from Laos to Vietnam to meet the rising demand in northern provinces.
Trị An – the largest hydropower project in the southern region

Trị An – the largest hydropower project in the southern region

ĐỒNG NAI — Trị An Hydropower Plant, built on the Đồng Nai River which flows through the southern province of Đồng Nai, is the largest hydropower project in the region.
Gov’t to issue decree on rooftop solar power next week

Gov’t to issue decree on rooftop solar power next week

Prime Minister Pham Minh Chinh has directed the Ministry of Industry and Trade to gather feedback and finalize a draft decree on encouraging rooftop solar power, for submission to the government for issuance next week.
Government urges learning from international experience to develop nuclear energy in Việt Nam

Government urges learning from international experience to develop nuclear energy in Việt Nam

Nuclear energy could supplement the country's energy base and minimise environmental risks, with the Government asking for a report to be submitted to the Politburo.
Norwegian renewable energy solutions provider sells wind plant in Vietnam

Norwegian renewable energy solutions provider sells wind plant in Vietnam

The Norwegian renewable energy provider, Scatec ASA, is exiting the Vietnam renewable energy market seeking more growth options elsewhere.
Bac Lieu plans to become renewable energy export hub

Bac Lieu plans to become renewable energy export hub

HANOI - Deputy Prime Minister Tran Hong Ha has signed off a development plan for the Mekong Delta province of Bac Lieu that will cost 16-18 billion USD from now until 2030.
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Air tickets from HCMC fully booked for Tet holiday

Air tickets from HCMC fully booked for Tet holiday

Flight tickets for many routes from Ho Chi Minh City (HCMC) to northern and central provinces or cities for the upcoming Tet (Lunar New Year) holiday have sold out.
Cheap capital returns to banks

Cheap capital returns to banks

(VEN) - The balance of individuals’ current account savings accounts (CASA) in banks reached a record high of more than VND1.19 quadrillion, boosting cheap capital and profitability for banks.
PV GAS sets many records, exceeds 2024 production, business plan

PV GAS sets many records, exceeds 2024 production, business plan

(VEN) - With the motto of action “Adding new motivation, renewing old motivation,” along with the proactiveness, determination, and breakthrough in transforming the business model, PV GAS is estimated to comprehensively complete and exceed the production and business targets for 2024, setting many records and historical milestones.
Vietnam emerges as strategic player in global economy

Vietnam emerges as strategic player in global economy

The website sourceofasia.com has recently published an article, highlighting that Vietnam has emerged as a crucial player in the global economy due to balancing its dual trade partnerships with superpowers like the US and China.
Vietnam outpaces Bangladesh to become world’s second apparel - textile exporter

Vietnam outpaces Bangladesh to become world’s second apparel - textile exporter

Vietnam has surpassed Bangladesh to become the world’s second largest apparel and textile exporter, ranking only behind China, said Hoang Manh Cam, spokesperson for the Vietnam National Textile and Garment Group (Vinatex) at a press briefing on December 25.
glorious tradition of the vietnam peoples army

Glorious tradition of the Vietnam People's Army

The Vietnam People’s Army (VPA) celebrate its 80th founding anniversary on December 22, 2024, a milestone in the army’s glorious history of serving and defending the nation. After 80 years of construction and development, the VPA has truly proven its revolutionary nature as an army “born from the people, fighting for the people, and serving the people”.
total fdi registered in vietnam hits 314 billion usd in january november

Total FDI registered in Vietnam hits 31.4 billion USD in January-November

As of November 30, 2024, the total newly registered capital, adjusted capital, and capital contributions or share purchases by foreign investors in Vietnam reached nearly 31.4 billion USD, up 1% increase compared to the same period last year.
first 11 months of 2024 import export turnover increases 154

First 11 months of 2024: Import-export turnover increases 15.4%

In the first 11 months of this year, Vietnam’s total import-export turnover reached 715.55 billion USD, up 15.4% against the same period last year, of which exports rose by 14.4% and imports up 16.4%. In the reviewed period, Vietnam enjoyed a trade surplus of 24.31 billion USD.
11 month agro forestry fishery exports exceed yearly target

11-month agro-forestry-fishery exports exceed yearly target

Vietnam’s total export turnover of agro-forestry-fishery products in the first 11 months of 2024 reached 56.74 billion USD, an increase of 19% over the same period in 2023. The sector has exceeded the set target of 54-55 billion USD for the whole year, and is confidently aiming for a new record of 60 billion USD.
hanoi achieves or exceeds 2324 socio economic targets for 2024

Hanoi achieves or exceeds 23/24 socio-economic targets for 2024

Hanoi achieves rather comprehensive results in its socio-economic development in 2024, with 23/24 targets completed or exceeded.
Amended Electricity Law proves MoIT’s institutional improvement success

Amended Electricity Law proves MoIT’s institutional improvement success

(VEN) - The amended Electricity Law has been recently passed by the National Assembly, marking a new milestone deeply influenced by the Ministry of Industry and Trade (MoIT) in enhancing the institutional framework in a “rapid” spirit.
Ministry proposes extending agricultural land tax exemption through 2030

Ministry proposes extending agricultural land tax exemption through 2030

The Ministry of Finance has proposed the National Assembly extend the agricultural land tax exemption until December 31, 2030, a move aimed at encouraging investments in agriculture and rural areas to improve the competitive edge of the agricultural products amidst deeper international integration.
Gov

Gov't targets to gradually make English second language at schools by 2030

The Government has approved a plan for international cooperation in the field of education and training until 2030 in order to improve the quality of workforce for socio-economic development.
Nine newly-adopted laws made public

Nine newly-adopted laws made public

The Presidential Office on December 20 announced the President’s order to make public nine new laws that were passed by the 15th National Assembly at its eighth session.
Industry sector asked to urgently restart Ninh Thuan nuclear power project

Industry sector asked to urgently restart Ninh Thuan nuclear power project

The industry and trade sector should exert efforts to speed up the implementation of the revised Electricity Law and the policy on restarting the Ninh Thuan nuclear power project in the south-central province of the same name, Deputy Prime Minister Bui Thanh Son has said.
Success story behind 500kV Circuit-3 transmission line project

Success story behind 500kV Circuit-3 transmission line project

(VEN) - After over-seven-month construction, the 500kV Circuit-3 Quang Trach - Pho Noi power transmission line project, with its enormous workload, was completed on schedule, marking a milestone of the Vietnamese electricity sector in 2024.
Ministry proposes incentives for renewable energy projects

Ministry proposes incentives for renewable energy projects

The Ministry of Industry and Trade has proposed incentives to attract investments in renewable energy projects in a draft decree on implementing the Law on Electricity, which has recently been made public for comments.
The Era of Advancement for Vietnam Industrial Park

The Era of Advancement for Vietnam Industrial Park

(VEN) - The Vietnam Industrial Park Forum 2024, themed “The Era of Advancement for Vietnam Industrial Park”, is officially held in Ho Chi Minh City.
Vietnam increasingly attractive to foreign investors

Vietnam increasingly attractive to foreign investors

(VEN) - Many economists and international organizations forecast Vietnam can attract US$39-40 billion of foreign direct investment (FDI) in 2024, comparable to the result achieved in 2023, over US$39 billion.
Nghe An Southeast Economic Zone aims to attract 1 billion USD in FDI in 2025

Nghe An Southeast Economic Zone aims to attract 1 billion USD in FDI in 2025

The Southeast Economic Zone of Nghe An Province targets attracting around 1 billion USD in foreign direct investment (FDI) in 2025, heard at a conference held by the Nghe An Southeast Economic Zone Management Board in Vinh City on December 20.
Boeing aims to expand investment and cooperation in Vietnam’s defense sector

Boeing aims to expand investment and cooperation in Vietnam’s defense sector

Mr. Dale McDowall, Executive Leader, Defense and Aerospace, Singapore and Southeast Asia at Boeing's Defense, Space & Security, announced that Boeing aims to invest in Vietnam and expand cooperation in the defense sector.
Can Tho attracts non-state investment

Can Tho attracts non-state investment

Can Tho has been planned as a nuclear urban centre of the Mekong Delta region and received central government attention after the National Assembly issued a resolution on piloting special mechanisms for Can Tho’s development.
Banking sector: Capital flows with no congestion

Banking sector: Capital flows with no congestion

(VEN) - So far, despite the difficulties in capital sources, the Vietnamese banking sector continued to maintain stability. Capital injection into the economy has been more favorable, with no congestion like in previous years. That is a great achievement of the sector in 2024.
Cashless payment requires biometric data updating from January 1, 2025

Cashless payment requires biometric data updating from January 1, 2025

From January 1, 2025, customers will not be able to perform any digital transactions on mobile if they have not completed the biometric information update.
Year-end surge in property bond issuance amid financial challenges

Year-end surge in property bond issuance amid financial challenges

As 2024 draws to a close, Vietnam's real estate industry is witnessing a notable surge in corporate bond issuances.
Vietcombank named most valuable brand in Vietnam

Vietcombank named most valuable brand in Vietnam

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has become the most valuable brand in Vietnam in 2024, according to a recently released report of Forbes Vietnam.
Sowing millions of seeds to green Vietnam’s shared home

Sowing millions of seeds to green Vietnam’s shared home

Each year in Vietnam, millions of seeds are persistently sown to increase forest coverage, contributing to watershed protection, safeguarding mangrove ecosystems, and mitigating the impacts of climate change.
Dong Thap revives red-crowned crane population

Dong Thap revives red-crowned crane population

In a bid to save its iconic symbol, the Mekong Delta province of Dong Thap is embarking on a conservation and development scheme for the critically endangered red-crowned cranes at the Tram Chim National Park for the 2022–2032 period.
Vietnam likely to face continued turbulent weather systems in 2025

Vietnam likely to face continued turbulent weather systems in 2025

Global temperatures are expected to rise next year, posing a significant risk of extreme and prolonged heat waves in Vietnam, Mai Van Khiem, Director of the National Centre for Hydro-Meteorological Forecasting (NCHMF), has predicted.
Nature-based projects help Mekong Delta fight climate change

Nature-based projects help Mekong Delta fight climate change

Nature-based projects implemented by the World Wildlife Fund (WWF) Vietnam in the Mekong Delta region have helped support local residents to adapt to climate change, heard at a workshop which is part of The Mekong Connect Forum 2024 held in Mekong Delta province of An Giang on December 17.
Innovative startup ecosystem witnesses strong development

Innovative startup ecosystem witnesses strong development

(VEN) - Vietnam is emerging as one of the dynamic emerging economies and a hub for innovative startups in the Asia-Pacific region thanks to a strong development of its innovative business ecosystem.
Top 10 science and technology highlights in Vietnam in 2024 announced

Top 10 science and technology highlights in Vietnam in 2024 announced

The Vietnam Science and Technology Journalists Club announced the 10 most significant science and technology events of the year on December 23, 2024. This marks the 19th year the club has organised the selection.
Contracts worth 286.3 million USD inked at Vietnam Int’l Defence Expo 2024

Contracts worth 286.3 million USD inked at Vietnam Int’l Defence Expo 2024

Sixteen contracts worth 286.3 million USD in total, and 17 cooperation agreements between Vietnam’s defence industry units and businesses from various countries such as the US, India, France and Belgium were signed at the Vietnam International Defence Expo 2024 held in Hanoi from December 19-22.
Vietnam can partner with UK in developing nuclear power: Expert

Vietnam can partner with UK in developing nuclear power: Expert

Vietnam should research the feasibility of applying small modular nuclear reactor technology that the UK is currently working on, according to Dr. Dao Duc Cuong from the mechanical, engineering and energy faculty of the University of Bradford of the UK.
Air tickets from HCMC fully booked for Tet holiday

Air tickets from HCMC fully booked for Tet holiday

Flight tickets for many routes from Ho Chi Minh City (HCMC) to northern and central provinces or cities for the upcoming Tet (Lunar New Year) holiday have sold out.
Bac Ninh Province focuses on year-end market stabilization

Bac Ninh Province focuses on year-end market stabilization

(VEN) - One of the key tasks of Bac Ninh Province at this time is to focus on stabilizing the market towards year’s end and during the 2025 Lunar New Year holiday.
Vietnam aims to reduce greenhouse gas emissions in agriculture production

Vietnam aims to reduce greenhouse gas emissions in agriculture production

The transformation of agricultural production towards ecological, organic, circular and low-emission agriculture is a top priority as Vietnam seeks to meet its goal of achieving net-zero emissions by 2050, experts said.
Metro Line 1 serves 150,000 passengers on opening day

Metro Line 1 serves 150,000 passengers on opening day

The Metro Line 1 (Ben Thanh–Suoi Tien) in Ho Chi Minh City witnessed a remarkable turnout of approximately 150,000 passengers on its first day of operation on December 22.
PV GAS sets many records, exceeds 2024 production, business plan

PV GAS sets many records, exceeds 2024 production, business plan

(VEN) - With the motto of action “Adding new motivation, renewing old motivation,” along with the proactiveness, determination, and breakthrough in transforming the business model, PV GAS is estimated to comprehensively complete and exceed the production and business targets for 2024, setting many records and historical milestones.
“PV GAS - Green Energy Journey” marathon: Act for health, act for the environment

“PV GAS - Green Energy Journey” marathon: Act for health, act for the environment

(VEN) - On December 22, the “PV GAS - Green Energy Journey” marathon was officially kicked off in Hanoi by the Petrovietnam Gas Joint Stock Corporation (PV GAS). This event marks the beginning of a series of vibrant social and sports activities in both Hanoi and Ho Chi Minh City, celebrating PV GAS’s successful 2024 – a year in which it shone as an energy spotlight in Vietnam. PV GAS has continuously achieved remarkable milestones, expanding its footprint to ensure comprehensive, flexible nationwide supply of clean gas.
PV GAS reviews maintenance and repair of gas facilities in 2024

PV GAS reviews maintenance and repair of gas facilities in 2024

(VEN) - On December 13, 2024, in Vung Tau City, the Petrovietnam Gas Corporation (PV GAS) organized a workshop on the maintenance and repair of gas facilities in 2024.
Vietnamese products make waves at Malaysia’s halal festival

Vietnamese products make waves at Malaysia’s halal festival

Vietnam recently showcased its certified halal products at the Melaka Halal Festival 2024 in Malaysia, a move to expand its presence in the global halal market.
tcty-dau-khi-vn-pv-power-2022
“City Tet Fest - Thu Duc 2025” New Year Festival to be held soon

“City Tet Fest - Thu Duc 2025” New Year Festival to be held soon

(VEN) - The New Year Festival “City Tet Fest - Thu Duc 2025” will take place from December 28, 2024 to January 1, 2025 at Saigon Riverside Park, Ho Chi Minh City.
“Xen Dong” ceremony of Thai ethnic people recognised as national intangible cultural heritage

“Xen Dong” ceremony of Thai ethnic people recognised as national intangible cultural heritage

On the evening of December 21, at Golden Field Square, Nghia Lo Town, Yen Bai Province, a ceremony was held to announce the decision and award the Certificate of National Intangible Cultural Heritage for the “Xen Dong” (Forest Worship) Ceremony of the Thai People in Nghia Lo Town.
Fireworks to light up sky over Hanoi on New Year celebration

Fireworks to light up sky over Hanoi on New Year celebration

The capital city of Hanoi is set to welcome the New Year 2025 with spectacular firework displays at five locations and 30 venues for the Lunar New Year (Tet) Festival.
Vietnam’s high-end fashion targets Chinese market

Vietnam’s high-end fashion targets Chinese market

An increasing number of Chinese celebrities are choosing high-end Vietnamese fashion, creating new opportunities for Vietnamese designers to make their mark in the 1.4 billion-strong market.
Son La rural tourism promoted

Son La rural tourism promoted

(VEN) - In order to develop rural tourism as part of the New-style rural area construction program in the 2021-2025 period, the northern province of Son La aims to have over 50 percent of rural tourism establishments meeting standards to serve tourists by 2025.
Vietnam aims to welcome 22-23 million international visitors in 2025

Vietnam aims to welcome 22-23 million international visitors in 2025

The tourism industry of Vietnam has planned to receive 22-23 million international visitors by 2025 as part of its efforts to recover and grow the tourism industry following the impact of the COVID-19 pandemic.
Vietnam a green, attractive destination

Vietnam a green, attractive destination

(VEN) - Vietnam is seeking to turn tourism into a spearhead economic sector, and has chosen green, sustainable tourism development as an important solution to reach this target.
Mekong Delta tourism continues to surge

Mekong Delta tourism continues to surge

The Mekong Delta, one of Vietnam's key tourism regions, has worked hard in developing new products and promoting its offerings this year, achieving impressive results in visitor numbers and revenue from tourism and related services.
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