(Cinet) – Surpassing over 1,171 works in participation of the 17th South-East region, the excellent work “Clean Energy” written by an author Vo Ngoc Lan won the Gold Medal. The 17th Artistic Photo Festival in the South-East region, themed “the South-East region in the integration era” jointly organized by Viet Nam Photography Artist Association and Binh Phuoc Artistic and Cultural Association. After a long-time campaign, the Artistic Photo Festival in the South-East region attracted 1,172 participatory works composed by professional authors as well as amateurs from eight provinces of the South-East region (Binh Phuoc, Ba Ria Vung Tau, Binh Duong, Binh Thuan, Ninh Thuan, Dong Nai, Lam Dong and Tay Ninh). In general, the participatory works presented beauties of land, people, striking cultural characteristics and particular strengths of the South-East region. Surpassing over 1,171 works in … [Read more...] about Artistic Photo Festival in the South-East region: “Clean Energy” achieves Gold Medal
Energy
Renewable energy will lead the power sector
Renewable energy will lead the power sectorThuy Dung HANOI - Renewable energy will lead the energy sector in the next 20 years and the production cost of renewable energy is gradually approaching that of traditional energy, heard a conference on energy solutions for Vietnam held by General Electric Company (GE) in Hanoi on April 27. Andres Isaza, vice president and chief commercial officer of GE Renewable Energy, said there are three trends in the energy industry: technological change, scattered electricity production and reduction of CO2 emissions. Digital technology with data analysis software and modern hardware will provide stable power supply at more reasonable costs. In addition, the trend toward scattered electricity generation, in which power plants are not centralized at certain areas but located near sources of electricity consumption, will also change the energy sector. Consumers have become electricity producers as more and more individuals and organizations install and … [Read more...] about Renewable energy will lead the power sector
Imported energy will increase in the future
Speaking at the seminar on December 14, titled “Energy Economics and Prospects,” the Vietnam Energy Association (VEA)'s vice chairman Nguyen Van Vy said that the trend of increasing energy imports causes many concerns, including rising costs and the country becoming dependent on foreign energy markets.According to VEA, the rate of imported energy will increase in the next few years. Specifically, the rate of imported energy will increase by about 10 per cent in 2018. This figure in 2020 will be over 20 per cent.Vy also added, “Domestic gas resources are being depleted, while the demand for gas keeps increasing, leading to a rising demand for imported gas energy.”According to Vietnam’s renewable energy development strategy to 2030, with vision to 2050 approved by the prime minister, energy imports in 2015 were 2.7 million tonnes of oil equivalent (TOE), accounting for 3.5 per cent of total primary energy demand.This figure will increase to about 47 … [Read more...] about Imported energy will increase in the future
Bến Tre approves Nexif Energy’s wind power project
The project, located in Thanh Hải Commune, Thạnh Phú District, has total investment of VNĐ3.68 trillion (US$160 million).The wind power project will be divided in three phases and is expected to generate 250GWh of clean electricity output per year when completed, enough to power more than 50,000 households.The first phase of the project, with capacity of 30MW, is scheduled to start generating electricity by 2020. The second phase is planned to operate in the fourth quarter of 2020 and the third phase will be started in the third quarter of 2022, Lê Tuấn Kiệt, an officer of the provincial People’s Committee, told Việt Nam News.Currently, Nexif Energy is the major shareholder of the Cốc San Hydropower Project with capacity of 30MW in the northern province of Lào Cai and is developing a renewable energy project with total capacity of 500MW in Việt Nam within the next three years.Nexif Energy was established in August … [Read more...] about Bến Tre approves Nexif Energy’s wind power project
EVN building recognized as green energy construction 2017
On November 25, the Vietnam Energy Conservation and Efficiency Association and the Management Board of the Energy Efficiency under the Hanoi municipal People’s Committee held a ceremony granting the title of using green energy for construction works in Hanoi.The building of the EVN located at No.11 Cua Bac Street, Ba Dinh district was presented the title with a recognition period of three years.According to the EVN, energy efficiency solutions have been implemented at the building for five years which has helped save over 906,000 kWh of electricity over the past three years, equivalent to an estimated VND2.2 billion (US$96,800).The management board of the EVN building is developing a plan to save over VND1.4 million kWh of electricity in the next five years which is equivalent to nearly VND3.6 billion (US$158,400).This is the first year that Hanoi has presented the title of using green energy to buildings that have successfully applied management and technology measures in … [Read more...] about EVN building recognized as green energy construction 2017
Vietnam looks to Queensland for energy
Vietnam looks to Queensland for energyBy Thu Nguyet - The Saigon Times DailyHCMC - More key Vietnamese companies are starting to look to Queensland as an energy investment destination, says a Vietnam-based representative of the Australian state.HCMC-based Trade and Investment Queensland commercial representative, Ha Ho, told the Daily via phone that some companies, such as PV Gas, PV Coal have shown interest in Queensland’s vast energy resources including LNG and coal.She added that she was helping some industrial zone private operators to look for coal suppliers from the Australian state to operate on-site electricity generators. The representative, who acts as a bridge for Vietnam and Queensland enterprises, however, gave no details about specific companies.“Vietnam is facing potential energy shortages as it tries to keep up with the rapid growth of the economy so the government is looking for sustainable energy suppliers for long term energy security. Given … [Read more...] about Vietnam looks to Queensland for energy
Saudi Arabia comes exploring energy partnership
Saudi Arabia comes exploring energy partnershipBy Thuy Linh - The Saigon Times DailyHANOI – Oil should be the first but not the only sector where Saudi Arabia and Vietnam can work together, senior officials from the two countries said on Tuesday.“We would like you to think of us as a long term partner in the energy field and in the development field,” Ali bin Besides petroleum and other natural resources, Al-Naimi said Saudi Arabia was keen to partner with Vietnam in other sectors such as industry, technology and infrastructure.Vietnamese Minister of Industry and Trade Vu Huy Hoang said the country was indeed in great need of energy and raw materials for industry, and in turn, could provide agricultural products and processed food to Saudi Arabia. Hoang said this was a very low figure considering the two countries’ trade capacity.He said so far, their economic relationship had been limited to general agreements with hardly any big investment project.In his first … [Read more...] about Saudi Arabia comes exploring energy partnership
Enertec Expo promotes efficient energy use
Enertec Expo promotes efficient energy useBy Van Nam- The Saigon Times Daily The energy saving and green energy technologies exhibitionwill take place from August 17 to 20 at Tan Binh Exhibition and ConventionCenter in HCMC, said the HCMC Department of Industry and Trade, the organizerof the event.Le Van Khoa, vice director of the department, told localreporters last Friday that the Enertec Expo would help promote power savingamong industrial producers and household power consumers. The event is also designed to raise public awareness ofenergy efficiency and new technologies for production of renewable energy suchas wind, solar and hydropower. “Sources of non-renewable energy have now become scarcewhile renewable energy has not been adequately tapped to meet the demand,” Khoasaid at the press conference on the expo. As part of the expo, the organizerwill hold several seminars on power saving and solutions for renewable energydevelopment. This will be a good chance for … [Read more...] about Enertec Expo promotes efficient energy use
Energy audit required at 1,180 firms
By Van Nam - The Saigon Times DailyHCMC – Some 1,180 enterprises active in the major industries will have to conduct energy audits this year as required by Law on Energy Saving and Effective Use, according to the General Department of Energy.Cao Quoc Hung, deputy director of the department under the Ministry of Industry and Trade, said that the energy management at enterprises aimed to save the power by 10% in industrial production.Enterprises required to perform energy audits are those requiring a power capacity of 50kW and above or consuming over 3 million kWh per year.The energy audit is compulsory in sectors consuming large amounts of power such as steel, cement, mineral exploitation, garment and chemicals. These sectors currently consume around 47% of the country’s power supply.Enterprises will have to submit regular reports and monitor the energy use. Any firms failing to meet the requirements will be penalized as stated in Decree 73/2011/ND-CP of the … [Read more...] about Energy audit required at 1,180 firms
Energy stocks seen driving up market further
Energy stocks seen driving up market furtherPhuong Thao HCMC – The energy sector is expected to send the VN-Index rising further after the Ministry of Industry and Trade announced a retail power price hike last Thursday. In Decision 24, the Prime Minister approved a retail electricity price rise by 6.08% to VND1,721 per kWh, effective from December 1. The decision comes in the lead to the traditional Lunar New Year holiday, or Tet, which falls in mid-February next year. According to Viet Capital Securities Company, even though the price hike will leave no short-term impact on energy stocks, this is a positive step in the process of liberalizing the power market. “We note that PetroVietnam Power Corporation’s initial public offering is expected in the first quarter of 2018, followed by Vietnam Electricity Group’s Genco 3 later in the year. The higher electricity price also supports the Government’s efforts to attract foreign direct investment for new power … [Read more...] about Energy stocks seen driving up market further