As a rapidly growing economy, Vietnam is facing many difficulties in ensuring energy security, green and sustainable development, insiders have said.

Representatives of the two sides presented key issues in bilateral energy cooperation including clean electricity production, electricity market development, energy saving and efficiency, transmission and energy storage.

Demand balance has always been an important input for the development planning of the power industry. It is necessary to carefully calculate future electricity demand to balance supply and demand and ensure energy security for the country.

The progression of the country’s National Power Development Plan 8 is a particularly important task for Vietnam to mobilise the resources required to provide sufficient electricity and ensure overall energy security.

Coal miners want the government to open the door for them to export high-quality coal, saying that Vietnam does not use this type of coal or uses very little of it.

While environmentalists affirm that use of gas-fired power will be inevitable in Vietnam, some energy experts think it is not the right time to think of developing this expensive type of energy in the country.

Under a scenario described in the eighth national power development master plan (Plan 8), which is now being compiled, Vietnam would not build more coal-fired thermopower plants from 2026 to 2030.

The 45-MW Phuoc Ninh solar power plant was officially inaugurated in Thuan Nam district in south-central Ninh Thuan province on June 22.

Vietnam has enacted its strategic orientations for energy development through to 2030 and with a vision for the next quarter of a century, encouraging more of the private sector to develop for the future, and ensuring energy security.

The National Energy Development Strategy by 2030, with vision to 2045 aims to ensure national energy security, which serves as a foundation for growth.

Wong Kim Yin, CEO of SP Group, a state-owned power grid operator of Singapore, has said his group wants to build more connections to neighbouring countries to tap their greater potential for renewable energy.

Vietnam is among the top energy consumption countries in the region and the world. Hence, it’s never better to cutting down energy consumption and mull over solutions for efficient use of energy.

Le Van Luc, deputy head of the Ministry of Industry and Trade’s Electricity and Renewable Energy in Vietnam tells Hải Quan (Customs) newspaper that it will take at least a decade for the nation to achieve full energy security.

VietNamNet Bridge - Vietnam’s water resource security is facing challenges at a time of climate change.

Associate Professor Nguyen Minh Due, chairman of the Viet Nam Energy Science Council speaks to Tuoi tre (Youth) newspaper about the need to develop renewable energy in Viet Nam.

 VietNamNet Bridge – Dr Pavel A. Belousov from Moscow Engineering Physics Institute (MEPhI) talks with Viet Nam News Agency about the importance of nuclear power for sustainable economic development.

 Russia has agreed to resume gas supplies to Ukraine over the winter in a deal brokered by the European Union.

 VietNamNet Bridge – Viet Nam's ever increasing demand is driving the development of renewable energy to help ensure the nation's energy security, while protecting the environment.

 VietNamNet Bridge – Economists have urged the government to take actions to ensure Vietnam’s energy security in case tensions escalate in the East Sea, stressing that this is the biggest danger to the country if the situation gets worse.