Germany helps Vietnam expand wind power development
The project “Support to the Up-Scaling of Wind Power in Vietnam funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) was reviewed in a seminar in Hanoi on May 8.
Hanoi (VNA) – The project “Supportto the Up-Scaling of Wind Power in Vietnam funded by the German Federal Ministry for Economic Cooperationand Development (BMZ) was reviewed in aseminar in Hanoi on May 8.
The project, part of the Climate and Technology Initiative of Germany, is beingcarried out at a cost of 6.9 million EUR from 2014-2018.
Accordingto General Director of the General Directorateof Energy under theMinistry of Industry and Trade Dang Huy Cuong, Vietnam’s electricity industry hasbeen facing great challenges, including the shortage of energy sources for powergeneration.
Vietnam has actively worked to ensure the national energy security, andimplemented commitments relating to reduction of greenhouse gas emission and environmentalprotection.
At the21st Conference of the Parties (COP) to the United Nations Framework Conventionon Climate Change (UNFCC) in 2015, Vietnam was among 150 countries that committedto cutting down on greenhouse gas emissions towards keeping the globaltemperature below 2 degrees Celsius compared to the pre-industrial level by2100.
The Prime Minister approved several programmes to encourage thedevelopment of new and renewable energy sources, including the Renewable EnergyDevelopment Strategy to 2030, with a vision to 2050, which aims to increase theproduction of wind power to 2.5 billion kWh by 2020, around 16 billion kWh by2030 and 53 billion kWh in 2050.
Experts said that Vietnam boasts great potential for developing wind power asit has a coastline of 3,000 km, and is in a tropical monsoonclimate.
They stressed that legal and market regulations of Vietnam should be fine-tunedto make it easy for investors to expand their operation in the field.
Throughthe funding of the German Government, the GermanSociety for International Cooperation (GIZ) has supported Vietnam in developingrenewable energy projects since 2009, including the “Support to the Up-Scaling of Wind Power” project.
In the framework of this project, the Ministry of Industry and Trade is cooperatingwith GIZ to improve legal regulations as well as the capacity of public organisationssuch as investors, local banks, consulting firms and technical companies.-VNA
Vietnam is not expected to meet its target of generating 800 MW of wind power by 2020 as a proposal to increase the regulated selling price of wind power has been postponed.
The south-central coastal province of Ninh Thuan is calling for investment in renewable energy development, aiming to turn itself into a clean energy hub of the country.
Many domestic and foreign enterprises have been granted investment licenses to develop solar and wind power projects in the Central Highlands of Dak Lak, according to the provincial People’s committee.
Singaporebased renewables developer The Blue Circle and its Vietnamese partner TSV began construction of Dam Nai wind power plant in Tan Hai commune, Ninh Hai district, Ninh Thuan province.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
Illustrative image (Source: Internet) 
