Vietnam is set to add 10 new power source projects with a total capacity of 6,793 MW in 2025, fulfilling the country’s electricity demand next year, says state utility Vietnam Electricity (EVN). At a Friday meeting with the Ministry of Industry and Trade to preview power supply in 2025, EVN added that the new key...
Vietnam has made considerable progress in its green energy transition, setting a goal of net-zero carbon emissions by 2050 and reducing coal reliance. This commitment is reflected through The Power Development Plan VIII (PDP8), which aims to expand renewable energy to 30 percent by 2030. Multiple policy initiatives have been introduced to encourage investment in and enable...
Perhaps no country exemplifies the uncertainties of the second Trump presidency as much as Vietnam. During Trump’s first term, Vietnam was one of the biggest beneficiaries of the trade war between Beijing and Washington. Investments that might otherwise have gone to China were instead diverted to Vietnam, which boasts a rapidly growing economy, a relatively...
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