The Hanoitimes - A series of licensed and agreed in-principle renewable energy projects of foreign investors have contributed significantly to the country’s total FDI inflow this year. The country has seen a boom of foreign investments in the green energy industry over the past months. In October alone, the Ministry of Planning and Investment, cities and provinces announced memoranda of understanding on investment co-operation, investment certificates, and investment agreements for many renewable projects with the total registered investment capital of more than US$6 billion. Vietnam has a great potential to develop green energy The highlighted projects include the US$407 million wind power project of UPC Vietnam Ltd. in the Mekong Delta province of Bac Lieu, the US$600 million Egeres Enerji-invested wind power project in the Central Highlands province of Dak Lak, the US$48.7 million solar power project of Univergy K.K in the Central Highlands province of Dak Nong, … [Read more...] about Renewable energy projects spur foreign investment surge
Renewables
ASEAN, IRENA work to promote renewable energy development
At the signing ceremony (Source: VNA) Hanoi (VNA) – The Association of Southeast Asian Nations (ASEAN) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MoU) aiming to support the ASEAN’s goal of raising the share of renewable energy to 23 percent of all energy sources by 2025. The MoU was officially inked on October 30 in the framework of Singapore’s International Energy Week. According to a press release from Singapore’s Ministry of Trade and Industry, the MoU worked alongside an action plan to outline key areas of collaboration between the two sides, promoting the development of renewable energy in ASEAN member nations. IRENA General Director Adnan Z. Amin said Southeast Asia is a dynamic and rapidly evolving region with strong economic growth, rising incomes, and growing populations – factors that will increase the regional demand for power. He noted that renewable energy will be the key to … [Read more...] about ASEAN, IRENA work to promote renewable energy development
Herbalife Nutrition Foundation renews support for Hậu Giang Province orphanage
Herbalife Vietnam and Hướng Dương Orphanage staff with children at the orphanage at a ceremony on October 27 to renew their partnership fort one more year. — VNS Photo Viet Nam News HẬU GIANG — Herbalife Nutrition Foundation has announced its fifth year-long partnership with the Hướng Dương Orphanage in the Mekong Delta province of Hậu Giang under its Casa Herbalife programme. It will provide over VNĐ456 million (US$19,544) to the privately run orphanage to help children there get good nutrition from safe and hygienic food. Speaking at the ceremony on October 27 Phạm Tường Huy, general manager and director of Herbalife Vietnam, said: “Today we are so proud to return to announce our renewed partnership with Hướng Dương Orphanage to help ensure healthier lives for the children in need at this home. “Whenever we visit Hướng Dương, we are very … [Read more...] about Herbalife Nutrition Foundation renews support for Hậu Giang Province orphanage
Ninh Thuan speeds up renewable energy projects
Illustrative image (Source: VNA) Ninh Thuan (VNA) – The central province of Ninh Thuan is speeding up the construction of wind and solar power plants in order to generate commercial electricity as scheduled. Amongst the 16 wind power projects in the master plan on power development approved by the Prime Minister and the Ministry of Industry and Trade, 12 have received licences with combined capacity of over 748 MW and a total registered capital of more than 22.5 trillion VND (978 million USD). There are also 29 solar power projects in the master plan, 12 of which have a total capacity of 968MW and a total registered capital of over 27.8 trillion VND. As scheduled, more than 82MW of wind power from plants in Dam Nai (second stage), Mui Dinh, and Trung Nam will be added to the national grid. According to the provincial People’s Committee, three renewable energy projects and the National Power Transmission Corporation have reached agreements on power … [Read more...] about Ninh Thuan speeds up renewable energy projects
Renewable energy high priority for Mekong region: scientists
Viet Nam News QUẢNG NINH — Cambodia, Laos and Việt Nam must work closer together to make the shift to using more renewable energy. This a vital step in attaining the region’s as well as each country’s sustainable development, said Prof. Đặng Nguyên Anh, Vice President of the Việt Nam Academy of Social Sciences (VASS). "Energy and water security are two of the most important issues for the three neighbouring countries. Cross-border cooperation helps cut environmental costs, secure clean water and protect natural resources for local communities in protected areas," Anh said. VASS’s scientists and researchers gathered with their peers from the Royal Academy of Cambodia (RAC), the Lao Academy of Social Sciences (LASS) and the Korea Environment Institute at a conference themed “Green movement for energy and water security for the Mekong region” in Quảng Ninh, Việt Nam. RAC President Eap Ponna said while a … [Read more...] about Renewable energy high priority for Mekong region: scientists