Swedish engineering services firm AFRY on August 31 announced that it had been selected as international technical advisor for the Thai Binh liquefied natural gas power facility in Hung Yen province.
Millions stand to benefit from Vietnam’s forest economy as the country moves closer to establishing a carbon market.
The upcoming ban on gasoline-powered motorbikes within Hanoi’s Ring Road 1, combined with HCMC’s push to electrify ride-hailing services next year, is poised to ignite a race toward electric mobility.
Vietnam’s shift towards greener industrial production requires a comprehensive ecosystem to enable the country to embark on a phase of high and sustainable growth.
Benefits will flow to Vietnam if it can adhere to recent amendments to the European Climate Law setting new 2040 targets.
Vietnam will need about 400 billion USD between now and 2040 to respond to climate change, according to the Climate Change Department under the Ministry of Natural Resources and Environment.

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