Nuclear power technology is developing and Vietnam must be updated continuously with new technology, especially in the field of waste treatment and material reuse, said Brett Jacobs, the Southeast Asia Programs Manager under the International Energy Agency (IEA)’s Directorate of Global Energy Dialogue, at a meeting with Vietnamese Deputy Minister of Industry and Trade Do Huu Hao.
Nuclear power technology is developing
and Vietnam
must be updated continuously with new technology, especially in the field of
waste treatment and material reuse, said Brett Jacobs, the Southeast Asia
Programs Manager under the International Energy Agency (IEA)’s Directorate of
Global Energy Dialogue, at a meeting with Vietnamese Deputy Minister of
Industry and Trade Do Huu Hao.
Regarding Vietnam’s energy
development policies, Deputy Minister Do Huu Hao said that Vietnam has a
long-term plan to develop nuclear power, under which nuclear power will account
for 25-30 percent of the total production output of electricity in Vietnam in
the future.
Vietnam is expediting a project to build the first complex of
nuclear power plants in Vietnam
with total capacity of 4,000MW. The first turbine will come into operation to produce
commercial electricity by 2020.
Brett Jacobs emphasized, “When
designing its first nuclear power plant, Vietnam must give top priority to
ensuring safety.”
He said that Vietnam should
develop renewable energy and especially apply low emission technologies. “IEA
is willing to help Vietnam
consider some policies and develop these energy resources.”
Deputy Minister Do Huu Hao
said that Vietnam
has the potential to develop biomass energy but it does not yet utilize this
type of energy to generate power and just uses it for cooking purposes. Recently,
Vietnam planned to cooperate
with Germany
to develop wind power and biomass power. However, the price of wind power is
rather high compared with electricity that is obtained from other sources.
“Thus far we have made no
plan to develop wind power and biomass power but we will do this in the
future.” - said the deputy minister.
The fourth Steering Committee meeting was held to evaluate the results achieved in 2024 and propose 2025-2026 implementation plans for the DEPP3 Program.
Implementing comprehensive energy-saving measures has helped Thang Nam Forestry Joint Stock Company reduce energy consumption from 300 kWh per product unit to approximately 250 kWh per unit.
The Socialist Republic of Vietnam has received a grant from the Green Climate Fund (GCF) through the World Bank (WB) for the Vietnam Scaling Up Energy Efficiency Project (VSUEE Project).
On the morning of January 7, 2025, in Hanoi, the Ministry of Industry and Trade, in collaboration with the World Bank celebrated the workshop "Energy efficiency - Invest effectively". This event is part of the "Vietnam Scaling Up Energy Efficiency Project (VSUEE), funded by the Green Climate Change.
The Government Office has urged the Ministry of Industry and Trade to focus on the Law for submission to the National Assembly for approval during the 9th session (June 2025), following a one-session legislative process.
Nam Dinh Forest Products Joint Stock Company is one of four enterprises selected to participate in the Voluntary Agreement on Energy Efficiency in Energy Intensive Industries.