Hosting a reception for Gen X Energy CEO Scott Kicker in Hanoi, Deputy PM Hue stressed the US firm’s projects are in line with the Vietnamese Government’s priority in foreign investment attraction, adding that the Southeast Asian country is interested in importing liquefied natural gas (LNG) and developing gas electricity plants to ensure sufficient energy for economic development.

Deputy Prime Minister Vuong Dinh Hue (R) and Gen X Energy CEO Scott Kicker.

He spoke highly of Gen X Energy’s cooperation with relevant sides to land investment in Vietnam, expressing his belief that the move will make significant contributions to boosting collaboration in trade and investment.

The official also underlined that Vietnam expects more US investments to improve bilateral trade balance.

For his part, Kicker informed his host that Gen X Energy had worked with leaders of the southern province of Ba Ria-Vung Tau to outline a plan for a LNG complex in the locality. Comprising a large-scale LNG storehouse, the project will help reduce costs while distributing gas to power plants in Vietnam.

As the company has a plan to develop a gas electricity plant in Vietnam, he asked the Vietnamese Government and competent ministries and sectors to put its project into the national power planning, as well as direct relevant sides to carry out the project.

Deputy PM Hue asked the US firm and its Vietnamese partners to make detailed reports on the plant’s scale and total investment before submitting to the Prime Minister for approval.

Sweden pledges to help Vietnam in energy saving

Sweden will help Vietnam in areas of its strength like energy saving, focusing on renewable energy development, Swedish Minister for Foreign Trade Ann Linde has said. 

Over 100 energy saving solutions proposed for businesses

More than 100 energy saving solutions have been proposed under a project funded by the Government of the Republic of Korea to promote the investment market for energy efficiency in Vietnam’s industrial sector.

Vietnamese students win ticket to world finals of energy-efficient car race

Students of a southern Vietnam university are in the world finals of the Shell Eco-marathon to held in London.

Vietnam, US vow to deepen cooperation in energy security

Vietnam and the US reiterated their commitments to deepening cooperation in energy security during their second energy security dialogue in Washington D.C on April 12. 

Saving energy with “multi-functional bike”

(BGO) - Chu Phuong Linh, a student of class 5C, Tam Hiep primary school in Yen The district, Bac Giang province invented the “multi-functional bike” based on the real experience. Her initiative was awarded the consolation prize at the provincial Creativity Competition for Teens 2018 and highly evaluated for its creativity.

Source: VNA