Thailand is ready to host the 37th Senior Officials Meeting on Energy (SOME) to push for concrete regional energy cooperation. (Photo: VNA) Bangkok (NNT/VNA) - Thailand is ready to host the 37th Senior Officials Meeting on Energy (SOME) to push for concrete regional energy cooperation. Thailand’s Energy Ministry Permanent Secretary Kulis Sombatsiri said that the meeting, which is scheduled from June 24 -28, will be held on the concept of “Advancing Energy Transition through partnership and Innovation”. It will be attended by representatives from 10 ASEAN countries as well as international organisations, such as international energy agencies and international renewable energy agencies, to discuss important policies at the regional level. They include the power network interconnection to support more electricity trade in ASEAN, which will be beneficial to economic growth, the energy conservation goal to increase the proportion of renewable energy in use in ASEAN by … [Read more...] about Thailand ready for 37th SOM on Energy
Power network interconnection
World leaders, business elites to discuss globalization 4.0 in Davos
World leaders and business elites gathered on Tuesday in Davos to discuss globalization 4.0, a buzzword that means a new wave of globalization in a digital world. Klaus Schwab, founder and executive chairman of the WEF speaks at the first plenary session of the 49th Annual Meeting of WEF in Davos, Switzerland, Jan 22, 2019 - Photo: Xinhua More than 3,000 participants braved the winter chills and icy roads to the snow-covered Swiss resort for the World Economic Forum (WEF) annual meeting, a leading platform for global economic affairs. More than 60 heads of state or government, 40 international organization heads and 1,700 business leaders will attend this year's event that runs through Friday, themed Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution. Addressing the opening ceremony, WEF Founder and Executive Chairman Klaus Schwab said participants at the meeting will have to look at all the global challenges and shape the future … [Read more...] about World leaders, business elites to discuss globalization 4.0 in Davos
Floating solar power: Energy solution for the future
(VEN) - Endowed with interlacing river and lake networks, Vietnam has the potential and advantages to build solar energy projects on floating platforms. An artist’s view of a floating solar power model Advantages Solar power provides clean energy at a reasonable and stable cost, which decreases with the development of photovoltaic battery production technology. While solar power development requires land areas, economists say solar energy solutions built on floating platforms on lakes and reservoirs are a good choice for Vietnam. Compared to conventional power solutions, floating solar power is easier to install and provides a capacity 10 percent higher without requiring rotary PV panels. However, high buoy transport costs, bird droppings and offshore equipment deformation are major problems in need of resolution. Norwegian interest The National Research Institute of Mechanical Engineering (NARIME) has worked with other organizations to study and produce … [Read more...] about Floating solar power: Energy solution for the future
Optimising the efficiency of solar power investment
What is the target of A0’s recent load dispatch capacity announcement? We aim to ensure transparency in information and provide a better outlook on the real state of the current power network. In fact, there are a multitude of solar power investors, but they mostly concentrate on geographical areas having a lot of sunlight which might lead to network overload. Under current regulations, approved solar power projects are entitled to a feed-in-tariff (FiT) rate of 9.35 US cents per kilowatt-hour (kWh) for a duration of 20 years if they can finish construction and be put into operation before June 2019. To ensure information transparency and impartiality in power purchases with the June 2019 benchmark looming, A0 has made calculations and announced the results, helping the investors understand the current power network situation, what areas might be threatened by capacity overload and why, based on the current database. Some investors might still rush into solar power projects … [Read more...] about Optimising the efficiency of solar power investment
BUSINESS NEWS IN BRIEF 20/10
TH Group imports 1,800 more dairy cows from US Vietnamese dairy firm TH True Milk (TH Group) on October 14 received nearly 1,800 dairy cows of 3 or 5-month pregnancy which were inseminated through embryo transfer from US’ high-yield dairy cow Holstein Friesian. This is the largest herd of cows that TH has imported from the US so far. The group’s husbandry experts carefully examined standards related to origin, genealogy, genetic potential, appearance, physical strength, potential for milk production and ability to fight diseases in the tropical region. All individuals in the herd weigh 400-500 kg and are expected to produce 12,000 litres per head each 305 days on average. Milk production from these cows will begin in January 2019. According to Tal Cohen, General Director of the TH Milk Food Joint Stock Company - the management unit of the TH dairy cow farm, TH Group imported 1,300 dairy cows from the US in April 2017 for the first time. It also imported … [Read more...] about BUSINESS NEWS IN BRIEF 20/10
A smarter grid for renewable energy needs
The surge of renewable energy creates new challenges for Vietnam’s power infrastructure Venu Nuguri - Group senior vice president, ABB’s Power Grids Division in South Asia, the Middle East, and Africa The green revolution of the power grid is one of those instances where the timing is right – technological advances are ready at the same time when the world is ready for them. This is important, because a shift towards renewable energy calls for global realignment on energy approaches. The dynamics of consuming more renewable energy will change the energy marketplace, opening up markets across the globe. Globally, we are seeing a major shift in the power value chain across generation, transmission and distribution. In generation, we see that the renewable share has gone up and is expected to hit around 40 per cent of capacity by 2035. This brings with it greater volatility, less predictability, and more feed-in nodes. Transmission and distribution is … [Read more...] about A smarter grid for renewable energy needs
Bosch to highlight smart integrated solutions at Secutech Vietnam 2018
The leading global provider of security, safety, and communication products and systems, Bosch Building Technologies will introduce smart integrated solutions at the 11th International Security, Fire and Safety Exhibition Conference (Secutech 2018) organised in Vietnam on August 16-18. Bosch will participate in Secutech Vietnam 2018 on August 16-18 in Ho Chi Minh City The event will be held at Hall A1, Saigon Exhibition and Conference Centre (SECC) in Ho Chi Minh City, where Bosch will deliver four 45-minute sessions of comprehensive demonstration of cutting-edge technology and integrated solutions for smart transportation and smart building at Booth E20. Secutech Vietnam 2018 is expected to welcome more than 13,000 professionals working in the industry in Vietnam and the ASEAN to share technical expertise and explore business opportunities. For three days, Bosch will co-host the event with Minh Giao Technical and Trading Company Limited, a Bosch building technologies … [Read more...] about Bosch to highlight smart integrated solutions at Secutech Vietnam 2018
The Government’s regular meeting-June 2018
THE GOVERNMENT SOCIALIST REPUBLIC OF VIET NAMIndependence - Freedom - Happiness No. 90/NQ-CP Ha Noi, July 10, 2018 RESOLUTION THE GOVERNMENT’S REGULAR MEETING – MAY 2018 THE GOVERNMENT Pursuant to the Law on Organization of the Government dated June 19, 2015; Pursuant to the Government’s Decree No. 08/2012/ND-CP dated February 16, 2012 promulgating the working regulation of the Government; Based on the discussion of the Cabinet members and the conclusion of the Prime Minister at the Government’s meeting with provinces and the Government’s regular meeting in June 2018, held on July 02 and 03, 2018 DECIDES 1. Regarding the socio-economic situation in the first 6 months of 2018 and the implementation of Resolution No. 01/NQ-CP dated January 01, 2018 The Government unanimously agrees that the socio-economic situation in the first 6 months of 2018 continues positive progress. Macro-economy remains stable. Inflation has been kept under … [Read more...] about The Government’s regular meeting-June 2018
Bosch shows audio products at Connected Communication Solutions event
Bosch Building Technologies, the global company of security, safety and communication products, on Thursday demonstrated its communication systems during the Connected Communication Solution in Ha Noi. Nearly 150 customers, dealers and professionals working in the audio industry who attended the event experienced the full sound portfolio from Bosch, including electro-voice and dynacord and how they are interconnected, as well as security, safety and communications domains for comprehensive solutions. Becky Vo, country head for Vietnam, Cambodia, and Myanmar, for Bosch Building Technologies, said: “With more than 90 years of providing cutting-edge communication solutions, we hope this event truly helps our distinguished guests understand more about Bosch’s offerings, and how we empower them with inter-operable products that make individual solutions possible.” The event saw the introduction of Bosch’s latest IP-connected and fully-featured public address and … [Read more...] about Bosch shows audio products at Connected Communication Solutions event
Bosch showcased state of the art audio products at the Connected Communication Solutions event
The latest IP-connected and fully-featured Public Address and Voice Alarm System Praesensa and Electro-Voice (EV) portable loudspeakers of Bosch are solutions that connect all the dots and sets again new industry standards. Guru Mallikarjuna, managing director of Bosch Vietnam speaking at the event Bosch Building Technologies, the global leader of Security, Safety and Communication products, today cooperated with Platinum Partner AIC Trading JSC to demonstrate excellent communication systems during the Connected Communication Solutions event at the Daewoo Hanoi Hotel. Nearly 150 customers, dealers and professionals working in the audio industry were presented at the event to experience full sound portfolio from Bosch, Electro-Voice and Dynacord, and how they are interconnected with each other as well as with the security, safety and communications domains for comprehensive solutions. Becky Vo, country head in Vietnam, Cambodia, and Myanmar of Bosch Building Technologies, … [Read more...] about Bosch showcased state of the art audio products at the Connected Communication Solutions event