HCM City will offer many preferential policies for projects using technology application in waste treatment to produce electricity.On November 26, HCM City held a forum to seek investment for these projects, attracting more than 40 local and foreign investors. Around 8,700 tonnes of rubbish from household activities are discharged daily in HCM City At the event, Nguyen Toan Thang, director of the municipal Department of Natural Resources and Environment, said that 8,700 tonnes of rubbish from household activities were discharged daily in the city.The city’s solid waste per capita is forecast to reach 1.3 kilos daily by 2025 compared to the current 1 kilo. Meanwhile, the majority of these are buried. So, it is an urgent need for the city to change the waste treatment technology to avoid problems.Associate Prof. Dr. Phung Chi Sy from the department said that burying rubbish is a waste of land and affects water resources. Incineration technology has been more widely in many … [Read more...] about HCM City calls for investment into waste-to-energy projects
Energy
Project enhances capacity in involuntary resettlement in energy sector
They were part of the World Bank (WB)-funded project “Capacity building for involuntary resettlement in energy sector in Vietnam”, which was carried out in districts of Binh Phuoc, Tay Ninh, Binh Duong, Quang Ngai and Binh Dinh provinces in the past three years, heard a project closing workshop held on November 22.The project cost US$480,000, with US$400,000 coming from the WB and the remainder from state corresponding fund. It was managed and implemented by the Central Power Project Management Board (CPMB)Objectives of the project were fully achieved, bringing practical benefits to localities and the CPMB in land reclamation, public consultancies and acceleration of planning and ratification of compensation plans, said Vu Tran Nguyen, Vice President of the National Power Transmission Corporation (EVNNPT).Meanwhile, Portfolio & Operations Manager of the WB Vietnam Achim Fock lauded the EVNNPT and the CPMB for their efforts to ensure the project’s … [Read more...] about Project enhances capacity in involuntary resettlement in energy sector
Stocks advance further on financials, energy, real estate
The benchmark VN Index on the HCM Stock Exchange gained 1.03 per cent to close at 942.30 points. Viet Nam’s key index grew a total of 4.7 per cent since the beginning of the week.The HNX Index on the Ha Noi Stock Exchange added 1.10 per cent to end at 110.49 points. It was up nearly 1.2 per cent on Wednesday.More than 159 million shares were traded on both local exchanges, worth VND3.01 trillion (US$133.9 million).Market trading condition was balanced with 202 gaining stocks, 193 losing stocks and 123 others ending unchanged on Thursday morning.Large-cap stocks performed well as two-thirds of the 30 largest companies by market capitalisation on the VN30 Index advanced, lifting the large-cap index by 1.10 per cent to 932.31 points.The growth of blue chips also had a positive impact on other mid- and small-cap stocks. Of the 20 sectors, banking-financial companies, energy firms and property developers witnessed the highest growth.Among these stocks, Sai Gon-Ha Noi Bank (SHB) jumped … [Read more...] about Stocks advance further on financials, energy, real estate
Vietnam Energy Efficiency in Industry Award 2017 launched
Ms. Sonia Lioret, Head of GIZ’s 4E project, speaking at the launching ceremony The launch is well attended by representatives from the Ministry of Industry and Trade (MoIT), representatives of Departments of Industry and Trade and more than 60 representatives from local industrial companies.The Award is a part of the Renewable Energy and Energy Efficiency (4E) Project, implemented by the Department of Energy Efficiency and Sustainable Development of MoIT and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).The award, which is organized by Vietnam Energy Conservation and Energy Efficiency Association (VECEA) with the support from GIZ, has been running from 20 November 2017 until end of January 2018. All Industrial enterprises operating in Vietnam, that have annual energy consumption from 300 TOE and carried out Energy Efficiency solutions from 2011 to 2016, are … [Read more...] about Vietnam Energy Efficiency in Industry Award 2017 launched
MoIT launches Vietnam Energy Efficiency Industry Awards 2017
The launch attracted representatives from the Ministry of Industry and Trade (MoIT), departments of Industry and Trade, and more than 60 local industrial companies.The award is part the Renewable Energy and Energy Efficiency (4E) Project implemented by the Department of Energy Efficiency and Sustainable Development of MoIT and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).The award will be running from November 20, 2017 until the end of January 2018.All industrial enterprises operating in the country and having an annual energy consumption from 300TOE per year (equal to two million kWh per year) and having carried out energy efficiency solutions from 2011 to 2016 are eligible to apply.“The objective of the award is to provide recognition to local industrial companies that have outstanding results in saving energy and promote successful energy efficiency … [Read more...] about MoIT launches Vietnam Energy Efficiency Industry Awards 2017