Want to be in the loop?
subscribe to
our notification
Business News
VIET NAM TO COMPLETE POLICIES, LAWS FOR SUSTAINABLE ENERGY DEVELOPMENT
Experts discussed the implementation of policies and laws on energy development in the 2016-21 period at a conference co-organised by the Việt Nam Union of Science and Technology Associations (VUSTA) and the National Assembly (NA)'s Committee on Science, Technology and Environment (CSTE) in Hà Nội on Monday.
Chairman of the NA committee Lê Quang Huy said that in the 2016-21 period, the energy industry had developed rapidly in all sectors and fields, achieving many remarkable results.
The energy industry’s achievements are an important premise to conducting the Politburo’s Resolution 55, issued on February 11, 2020, on Việt Nam’s energy orientations and development strategies to 2030.
However, Huy warned the energy industry still has some shortcomings, such as domestic energy supplies not meeting demand, the sector still lacking infrastructure, and technology levels in some areas needing improvement.
Huy suggested experts focus on discussing the current situation, completing policies and laws on energy development, and proposing specific solutions.
From there, the proposals can be submitted to the NA Standing Committee to solve the present difficulties and problems, and improve policies on energy development towards ensuring a fair energy transition and national energy security.
Chairman of the VUSTA Phan Xuân Dũng said that to achieve green, sustainable economic development and climate change adaptation, Việt Nam was promoting energy transformation with cooperation and support from partners.
The country has gradually reduced fossil fuels, prioritising renewable, new and clean energy.
Prime Minister Phạm Minh Chính announced at the 26th United Nations Climate Change Conference (COP26) that Việt Nam would achieve the goal of becoming carbon neutral by 2050.
Assessing the actual implementation of policies and laws in energy planning in Việt Nam, associate professor Trương Duy Nghĩa, chairman of the Việt Nam Thermal Science and Technology Association said that the inter-sector relationship was not clear enough.
He said it is not clear that the development planning of one sector is influenced or affected by the others and vice versa.
Nghĩa suggested that it was necessary to confirm the work’s starting and completion time in the planning.
In the vision stage, it is also necessary to have specific plans and avoid too much change.
With the same point of view, professor Trần Đình Long from the Việt Nam Electricity Association suggested that the power plan No 8 should be approved soon. Otherwise, it would affect the technology and financial supply chain.
The power plan No 8 should take into account clean and green energy transition.
Source: VNS
Related News
GOLDEN DEAL, KNOCK-DOWN OFFER
Are you ready for a fun-filled family vacation. Don't miss the super attractive Family Staycation package at Becamex Hotel. 2 days 1 night package with full amenities and free activities: Buffet breakfast, Swimming, tennis, bicycle, gym, sauna, cool ice cream, 300.000 VND service voucher and many other offers! Contact now for detailed advice.
"BEARY CHRISTMAS" CHARITY PROGRAM
As the Festive Season approaches, Caravelle Saigon, in collaboration with VinaCapital Foundation (VCF), is bringing a heartwarming charitable initiative to life — and we are delighted to invite all HKBAV members to take part in the very first “Beary Christmas” Charity Program. By adopting a Caravelle Bear for VND 299,000 nett, you will be directly supporting children battling cancer in Vietnam through VCF’s Can-Care/Can-Clover Program.
SOILBUILD INTERNATIONAL WINS “BEST INDUSTRIAL DEVELOPMENT” AWARD FOR SPECTRUM NGHE AN AT THE PROPERTYGURU VIETNAM PROPERTY AWARDS 2025
Soilbuild International is pleased to announce that its project, Spectrum Nghe An, has been awarded Best Industrial Development at the PropertyGuru Vietnam Property Awards 2025, held on 24th of October 2025, in Ho Chi Minh City. The PropertyGuru Vietnam Property Awards is part of the prestigious PropertyGuru Asia Property Awards series, the largest and most respected real estate awards programme in Asia.
WEBINAR: 2025 VIETNAM KEY TAX FINALISATION, UPDATES ON TAX CHANGES AND GLOBAL MINIMUM TAX
Dear Valued Client,We would like to invite you to our webinars on Friday, 12 December 2025, and Tuesday, 16 December 2025, to review and learn about key 2025 tax finalisation topics and stay ahead with the latest tax changes.
NEW ECONOMIC POLICIES EFFECTIVE THIS DECEMBER
Government Decree 304/2025, effective December 1, sets stricter conditions for seizing collateral, especially assets that are a borrower’s sole residence or essential work tools. In such cases, lenders must set aside a compensation amount equivalent to six to twelve months of minimum wage. The measure aims to improve transparency in bad debt handling and reduce credit risk in the banking system.
QUANG NINH TARGETS VND58 TRILLION IN TOURISM REVENUE
Quang Ninh Province is aiming to generate VND58 trillion in tourism revenue this year after surpassing its goal of 21 million visitors, driven by new tourism products, expanded nighttime activities, and large-scale events. As of mid-November 2025, Quang Ninh had welcomed 21.28 million visitors, up 12% year-on-year. Tourism revenue reached at least VND57 trillion, a 22.46% increase from the same period last year. With its visitor target achieved, the province is now pushing toward its revenue goal of VND58 trillion.
























