Vietnam power

Professor Tran Dinh Long, vice-president of the Vietnam Electrical Engineering Association, asserted that giving priority to natural gas power stations would inevitably cause retail prices to climb, as such plants require higher costs of development and maintenance than hydroelectricity or coal-fired stations. … [Read more...] about ​Fear grows over power price hike as Vietnam halts competitive generation market

The transaction builds on AboitizPower’s investments in the rapid growth of renewable energy and marks its entry into one of Asia’s most attractive markets. Vietnam, with its robust economic growth backed by strong government support, creates an attractive environment for AboitizPower to increase its commitment and contribution to energy supply security in Southeast Asia through its wide experience and expertise in the power sector. … [Read more...] about AboitizPower terminates wind farm purchase deal in Vietnam

To recap, in 2017 the Global Green Growth Institute (GGGI), together with GIZ, undertook the development of five pre-feasibility studies for combined-heat-power projects with five sugar mills across Vietnam. These pre-feasibilities involved us building detailed financial models and better understanding the sugar mills in question and their plans. However, once the financial models were complete, including an analysis of the market and future demand and costs, the stark reality was that under the previous FiT level of 5.8 US cents none of these projects were bankable. … [Read more...] about New biomass FiT promises a green economic future

The trio of shares related to Vingroup, Vietnam’s biggest private conglomerate and HoSE’s biggest market cap, were also among the big gainers. VIC of parent corporation Vingroup rose 5.8 percent, VHM of subsidiary Vinhomes 5.3 percent, and VRE of retail arm Vincom Retail 1.3 percent.  … [Read more...] about VN-Index gains for third consecutive session

Bangkok (VNA) – About 70 percent of Thais understand and are engaging in the "social distancing" campaign, which is a major strategy to curb the transmission of COVID-19, the latest survey conducted by Thailand’s Department of Mental Health showed. The department conducted the survey last week among 26,000 respondents. The study's goal was to find out the appropriate measures needed to push the campaign to exceed the 80 percent milestone. Local media quoted Kiattiphoom Vongrachit, Director-General of the department, as saying that the 80 percent benchmark is based on a research in Australia, which found that is the threshold when COVID-19 transmission potentially stops. Thailand’s Ministry of Public Health estimated that if social distancing compliance exceeds 80 percent, the number of COVID-19 cases will reach 7,745 by April 15. The cases will however climb to 17,635 by that date if social distancing compliance is only 50 percent. With no social distancing, the … [Read more...] about Over 80 percent of Thais expected to engage in social distancing