Hanoi (VNA) - The Ministry of Industry and Trade (MoIT)held a forum on December 22 in Hanoi on energy security for sustainabledevelopment.
Speaking at the event, deputy head of the Party Central Committee’sEconomic Commission Nguyen Duc Hien said ensuring energy security is aconsistent goal of the national energy development strategy, adding that the Politburo’sResolution No 55-NQ/TW dated February 11, 2020 set the target of ensuring nationalenergy security, providing stable and high-quality energy at reasonable costfor rapid and sustainable socio-economic development, ensuring nationaldefence-security, and contributing to protecting the environment.
Ensuring national energy security is an important premise for the country's socio-economic development, he stressed.
Nguyen Van Vy from the Vietnam Energy Association said total electricity capacity now exceeds 60,000MW, which could meet demand for additional charge withthe largest capacity of more than 41,000MW.
Power shortages are likely, however, due to a lack of rainfall and coalexploitation facing difficulties.
Vietnam has been an energy importer since 2015 and this is forecast to continuein the long term, according to the MoIT.
Deputy head of the Electricity and Renewable Energy Authority Nguyen TuanAnh highlighted the need to amend the Electricity Law to attract more socialinvestment capital and develop the power market, as well as to outline the Lawon Renewable Energy to create a solid legal corridor for investment andmanagement in the field.
Vy also suggested linking national grids with regional countries anddeveloping a large-scale energy storage system./.
Providing a sufficient source of energy to facilitate Vietnam’s industrialisation and modernisation while also ensuring national energy security remained a challenge as Vietnam and the region are importing more and more energy.
The second phase of the ASEAN Plan of Action for Energy Cooperation (APAEC) for the 2021-2025 period was adopted during the 38th ASEAN Ministers on Energy Meeting (AEM 38) on November 20.
Prime Minister Nguyen Xuan Phuc’s participation in several regional summits – ACMECS-9, CLMV-10 and CLV-11 -, to be held virtually on December 9, reflects the importance that Vietnam attaches to ACMECS, CLMV and CLV cooperation.
The Ministry of Industry and Trade (MoIT) is collecting opinions on the draft National Energy Master Plan for 2021-2030 with a vision to 2050 to ensure national energy security.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
At the forum (Photo: VNA) 
