Deputy Minister of Industry and Trade Dang Hoang An (Photo: VNA)
Hanoi (VNA) - A dialoguewas held between ASEAN energy ministers and the International Energy Agency(IEA) via videoconference in Hanoi on November 19.
According to Deputy Minister of Industry andTrade Dang Hoang An, ASEAN boasts among the world’s most dynamic economicdevelopment, with total GDP topping 3.2 trillion USD and trade reaching about2.8 trillion USD in 2019.
Fast economic growth is being accompanied by a rapidincrease in energy demand, posing considerable challenges to every membercountry to meet such demand while realising commitments to sustainabledevelopment and environmental protection.
To achieve these goals, apart from the efforts ofeach member state, ASEAN needs support from development partners andinternational organisations, including the IEA, he said.
As an important partner of ASEAN, the IEA hascarried out many activities to help the region deal with energy challenges, he noted,adding that aside from technical support it has also helped member countriesoverhaul their energy policies.
Despite the substantial impact of COVID-19, theagency has maintained its support for ASEAN to implement cooperationactivities, especially those prioritised for 2020.
An expressed his hope that the meet🌄ing would helppush the implementation of the two sides’ three-year rolling work programme for🤡2019-2021, to help cement an ASEAN of peace, prosperity, and sustainability./.
Indonesia should shift to using renewable energy in the context that the country’s oil and gas industry is facing difficulties, according to The ASEAN Post.
IEA said that Vietnam is at an early stage, so the Government needs to develop an appropriate mechanism, which helps minimise risks for investors in developing renewable energy project.
In the wake of Vietnam’s first ever National Energy Summit in July 2020, Swedish ambassador Ann Måwe reflects over Sweden’s journey, and areas where the two countries can cooperate in the development of renewable energy.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Deputy Minister of Industry and Trade Dang Hoang An (Photo: VNA) 
