- THE MOUTHPIECE OF THE VIETNAM ASSOCIATION OF SMALL AND MEDIUM ENTERPRISES
With EVN's third price hike since 2023, rising electricity costs burden households and industries. Experts warn that sustained losses threaten future power projects, urging reforms to boost investment and ensure energy security.
The Southeast region is emerging as a renewable energy hub, with numerous enterprises pioneering green energy sources to power production.
Renewable energy is emerging as a key sector in Vietnam, reflecting the government's strong commitment to reducing greenhouse gas emissions.
Vietnam aims to reduce greenhouse gas (GHG) emissions and develop a carbon market, aligning with its COP 26 commitments. This requires close coordination and comprehensive solutions from all sectors and communities.
Implementing the direct electricity purchase mechanism brings many economic and environmental benefits and creates condition for the sustainable development of the electricity sector. Thus, this mechanism has become increasingly necessary and urgent.
Enhancing renewable energy is crucial for building a sustainable future, bringing new economic, environmental, and social opportunities for the country and future generations.
Decree 80 recently issued by the Government allows the implementation of direct power purchase (DPPA mechanism), not only unlocking renewable energy resources, attracting investment but also helping transition to green production.
In the battle against climate change, carbon credits serve as a tool to mitigate emissions and create a balance between pollution and environmental protection. The issuance and trading of carbon credits are crucial processes.
Vietnam expects to add 9,600 MW of power from biomass by 2030, but that will need added incentives.