Topic: renewable energy

The move aiming to promoting renewable energy projects, contributing to mobilizing resources for the economy.

The move demonstrates its commitment to supporting Vietnam in its goal of achieving net-zero emissions and promoting sustainable development.

GEO Group will establish a renewable energy workforce training and development center in cetnral Binh Dinh province.

Participants noted that to realize the goals set in developing renewable energy, it is essential for Vietnam to promptly remove legal and regulatory barriers in order to effectively attract investor into the sector.

The project will be implemented over a three-year period, starting from the date the investor is officially recognized.

Under the agreement, Vietnam will export renewable energy to Malaysia and Singapore.

Scheduled for an 18-month implementation period, construction is set to begin in Q4 2025, with commercial operations expected to commence in Q4 2026.

As part of its investment attraction strategy, the central province is adjusting land use planning, prioritizing areas for wind and solar energy, and simplifying administrative procedures.

Mr. Akihiro Ondo, Managing Director and Chief Executive Officer of Mitsubishi Power Asia Pacific, tells VET about the opportunities for developing renewable energy in Vietnam.

Hanoi will continue to encourage and prioritize investment in waste treatment projects using advanced technologies for incineration.