Aboitizpower expanding renewable energy capacity

KAB is looking to capitalise on the growing energy demand in Vietnam As reported by Focus Malaysia , KAB Energy Power and Janakuasa will form a special purpose vehicle to scoop up the majority stakes in three hydropower plant projects in the country with an aggregate installed capacity of 180MW. The projects have existing power purchase agreements (PPA) with Electricity of Vietnam (EVN) which will expire between January 2030 and 2039. They have commenced commercial operations between 2015 and 2019 Janakuasa, an established private energy investor based in Malaysia and Singapore, is a leading investor in thermal power and renewable energy in Vietnam. Janakuasa has been developing the Ecotech wind farm project since 2015. To date, Janakuasa has over 1,000MW of power projects under construction in Vietnam and a further 300MW of wind and 200MW of mini hydro projects in development. Janakuasa is teaming up with its partners to construct two power plants in Vietnam, including a … [Read more...] about Malaysia’s KAB ventures into Vietnam’s renewable energy market

Additional 88 domestically-transmitted COVID-19 cases reported Vietnam logged 97 new COVID-19 cases, including 88 domestic and nine imported, in the past six hours to 6pm on June 22, the Ministry of Health (MoH) said. Most of the new cases were detected in Ho Chi Minh City, with 63 infections, and the remainders were discovered in Bac Giang (12), Bac Ninh (6), Hung Yen (2), Nghe An (1) and Hanoi (1). By 6pm on June 22, the country had recorded a total of 12,010 domestically-transmitted infections and 1,717 imported cases. The number of locally-transmitted cases since the fourth COVID-19 wave hit Vietnam on April 27 amounted to 10,875, including 2,772 recoveries. According to the MoH’s Medical Service Administration, 5,546 patients have given the all-clear from coronavirus SARS-CoV-2 to date, while the death toll related to the disease was 69. Among active patients undergoing treatment, 377 have tested negative to the virus once, 132 twice and 141 thrice./. 12-hour … [Read more...] about VIETNAM NEWS HEADLINES JUNE 22

At the Asia and Pacific High-level Conference on Belt and Road Cooperation (Photo: VNA) Hanoi (VNA) – Vietnamese Minister of Foreign Affairs Bui Thanh Son on June 23 attended the Asia and Pacific High-level Conference on Belt and Road Cooperation at the invitation of China State Councilor and Foreign Minister Wang Yi. In his remarks, Son called on the international community to continue supporting countries, particularly developing nations, to soon push back the COVID-19 pandemic, shift towards the green and circular economy, and expand trade and investment, to promote sustainable and inclusive recovery. Regional cooperation plays an important role as it helps Asia-Pacific recover and adapt to rapid changes of the global economy, the minister said. He, therefore, suggested countries enhance multilateral cooperation, carry forward regional cooperative frameworks and initiatives in the region such as the Asia-Pacific Economic Cooperation (APEC), the Association of Southeast … [Read more...] about Vietnam attends Asia & Pacific High-level Conference on Belt & Road Cooperation