By harnessing opportunities across sectors—particularly in power—Vietnam could potentially accelerate decarbonization to achieve net-zero emissions by 2050.
Vietnam is taking strides towards its ambitious goal of net-zero emissions by 2050, with positive developments in wind power projects. However, challenges remain in both onshore and, particularly, offshore sectors, as reported by Vietnam Investment Review. Following a sluggish 2022, Vietnam's ...
Vietnam has pledged to achieve net zero by 2050. Last year, it announced that it would not develop new coal power plants after 2030 and phase out coal usage by 2050. The Vietnam government approved on April 1 the implementatio...
Singapore, October 23, 2023– Vietnam’s long-term goal to phase out the use of coal for power generation by the 2040s and achieve net zero by 2050, faces challenges that arise from its rapid economic growth and increasing power demand. Renewables, and in particular solar, are set to b...
Under Decision No.896/QD-TTg on approving the national strategy until 2050, achieving net-zero GHG emissions by 2050 has been considered an indispensable development goal around the world, which could be implemented largely by strong energy transition and low-carbon development. ...
By boosting operational efficiency while minimising greenhouse gas emissions, DHL Express Vietnam is able to makesignificant strides towards achieving net-zero emissions by 2050, as well as align with the country’s sustainable development goals. ...
During COP26, Vietnam made a commitment to attain net-zero carbon emissions by 2050, with a carbon market being touted as one of the most efficient strategies to achieve this objective. Carbon markets raise the cost of carbon emissions, resulting in increased business expenses. This should motiv...
HANOI, Dec 3, 2023 (BSS/AFP) - Vietnam has laid out a $15.5 billion dollar blueprint to transition away from coal power, but environmentalists warned Sunday the plan fell far short of what was needed. The communist nation has committed to reaching net-zero carbon emissions by 20...
springtime blue sky, John Kerry, Special Envoy for Climate met with Vietnamese President Nguyen Xuan Phuc in Hanoi. Kerry, a Vietnam veteran and former Secretary of State in the Obama administration, re-pledged America’s commitments to helping Vietnam achieve its net-zero emissions by 2050. ...
, and hydropower nearing capacity. New power generation will be dominated by renewables, supported by baseload supply from domestic natural gas and imported LNG. This dual track will enable Vietnam to pursue enhanced energy and climate security and achieve its goal of being net-zero by 2050....