Philipp Munzinger News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On August 25 in Hanoi, PetroVietnam Power Corporation, Asong Invest, and PVCB Capital signed an MoU to co-invest in green industry in Vietnam.

Both foreign and domestic investors are hoping for clarity and specific policies in Vietnam’s power strategy sooner rather than later.

The future demand, fuel supply, power generation sources, and the regulatory framework are four major elements in in Vietnam’s Power Development Plan VIII that should be carefully elaborated and taken into account in Vietnam’s energy transition process.

Vietnam’s recently approved energy policy serves as a pivotal element in its journey towards achieving net-zero emissions by 2050, with the power sector shouldering the responsibility of eliminating approximately two-thirds of the country’s total greenhou

While maintaining attractiveness to international investors, the imminent global minimum tax and international uncertainties are putting pressure on Vietnam, urging it to have breakthrough steps to foster new foreign inflows.