Vietnam nortex energy

How much energy will Vietnam produce by 2030?

Renewables are to account for about 30.9 to 39.2 percent of Vietnam’s electricity supply by 2030, with a stretch target of 47 percent if international finance commitments in the JETP are realized. Renewable energy by 2050 is expected to reach 67.5 to 71.5 percent. By 2030, electricity exports should be scaled-up to about 5,000 to 10,000 MW.

How long will Pharos Energy licences last in Vietnam?

UK-based oil and gas explorer Pharos Energy said on Friday its two joint ventures in Vietnam have received local government approval to extend their licences by five years to the early 2030s.

How much oil does Vietnam need?

The NEMP plan estimates that Vietnam’s total energy demand is expected to hit 107 million tonnes of oil equivalent by 2030 and 165 to 184 million tonnes of oil equivalent by 2050.

How does Vietnam ease foreign investor access to the stock market?

Vietnam Eases Foreign Access to Stock Market, Removes Pre-Fund Requirements for Stock Transactions Nov 07 Effective November 2, Vietnam has eased foreign investor access to its stock market by eliminating the 100-percent pre-funding requirement for transactions.

When will Vietnam stop importing coal?

Vietnam’s coal imports will reach 73 million tonnes by 2030, of which about 44 million tonnes will be earmarked for thermal power plants. Coal imports are expected to increase and peak at about 85 million tonnes in 2035, then gradually decrease to about 50 million tonnes by 2045. By 2050 Vietnam should no longer be importing coal.

How long will Vietnam's Petroleum Reserve last?

Vietnam’s petroleum reserve to reach 75 to 80 days of net imports by 2030. After 2030, a broad goal is set to gradually increase reserves to 90 days of net imports. Domestic petroleum production should meet at least 70 percent of domestic demand.