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Coal conundrum ahead forces Vietnam to rethink priorities

09:26 | 09/07/2021

While the pressure on the environment and issues like climate change are increasing, it remains difficult for Vietnamese companies and the government to turn away from fossil fuels completely. However, experts warn that while a strong reliance on them will only increase related problems, using state-of-the art technology would count most.

  • Debate intensifies on future of coal

    09:26 | 09/07/2021

    After one major South Korean coal-fired power financier decided last month to withdraw its participation in foreign markets in the sector, questions have arisen on the feasibility of planned coal-based ventures. However, several experts evaluate the move as a signal for Vietnam to step up the transition from fossil fuels to renewable energies.

  • Vietnam's coal imports ease in October

    09:26 | 09/07/2021

    Vietnamese coal imports in October fell from a year earlier for the first time since March 2018, snapping a run of growth that has absorbed some of the Covid-19 pandemic-driven oversupply in Asia this year.

  • Coal imports surge during the COVID-19 pandemic

    09:26 | 09/07/2021

    Viet Nam's coal imports have increased during the COVID-19 pandemic.

  • Vietnam coal imports jump 50 pct

    09:26 | 09/07/2021

    Vietnam has spent around $2.6 billion on importing 36.5 million tons of coal in the first seven months of this year, up 50 percent in volume year-on-year.

  • Coal to remain key in Vietnam’s power expansion: Fitch Solutions

    09:26 | 09/07/2021

    Coal remains the most practical option in the near-term to stimulate affordable electricity generation growth at the pace and scale needed by the country, said Fitch Solutions.

  • Vietnam and Asia neighbors hungry for cheap coal

    09:26 | 09/07/2021

    Demand for low-grade coal with lower combustion efficiency is growing amid economic growth in Vietnam and other emerging Asian countries, placing another hurdle in the global race to reduce greenhouse gas emissions.

  • Coal, crude oil imports see upsurge

    09:26 | 09/07/2021

    Vietnam’s coal and crude oil imports increased in the first ten months this year as energy demand rose alongside economic expansion.

  • Indonesian companies eye coal sector in Vietnam

    09:26 | 09/07/2021

    A delegation of 14 Indonesian firms is visiting Vietnam in search of local partners in the coal industry, heard attendees at a business forum titled “Indonesia–Vietnam potential in coal trading,” held in Hanoi on May 3.

  • Coal-fired power set to grow to meet Vietnam’s needs

    09:26 | 09/07/2021

    Though the Government plans to increase its renewable energy capacity, Viet Nam’s power industry is forecast to see a rise in coal-powered generation as the cheap and reliable source remains the most feasible option to meet the country’s rapidly rising power demands.