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Over $172 mln electromechanical contract awarded for Bac Ai hydropower project

The Bac Ai Pumped-Storage Hydropower Project in Khanh Hoa Province is Vietnam's first pumped-storage hydropower development, incorporated into the National Power Development Plan for the 2021–2030 period with a vision to 2050.

Ministry proposes $19 mln fund to support industrial energy efficiency

The fund is envisioned to perform six primary mandates: mobilizing financial resources, wholesale concessional lending, interest rate subsidies,technical assistance, accelerating market transformation, and policy-driven investments.

Net Zero tourism: Vietnam’s push to cut carbon emissions from travel

Vietnam's tourism industry is working to measure and reduce CO2 emissions from every tourist activity, moving closer to achieving Net Zero emissions by 2050.

Vietnam’s banks spearhead green credit initiatives

Never before has the term ‘green credit’ been so frequently mentioned by banks in Vietnam, who are now continuously collaborating with international organizations to capitalize on funding for green credit projects, all while being committed to…

Green finance development and promotion for Vietnam

Vietnam is in the process of formulating policies to develop green finance markets. Nguyen Ba Hung, principal country economist from the Asian Development Bank in Vietnam, spoke to Thanh Tung about the opportunities and challenges…

COP28: Accelerating climate action through sustainability reporting

After COP28, a resounding call for urgent climate action echoed through the halls of global discourse. The urgency to address climate change emphasises the critical role of sustainability reporting in driving meaningful change.

Vietnam takes steps towards net zero emissions

The issuance of the national plan on the implementation of the Glasgow Leaders’ Declaration on Forests and Land Use is another step taken by the Vietnamese Government towards achieving net…

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