Vietnam Archives - Access Asia Group

Vietnam Weekly Update: July 26

July 26, 2021 covid-19, Uncategorized, Vietnam by Access Asia

After remarkable success in containing the Covid-19 pandemic from January 2020 to April 2021, the situation has turned in Vietnam as the Delta variant surges throughout many parts of the country. The worst hit is the country’s economic hub of Ho Chi Minh City, which will make the overall economic impact of this fourth wave significant. Strict lock-downs are significantly disrupting businesses and supply chains, while the socio-economic security of millions are at a risk level not seen for decades in Vietnam. Yet, the government’s containment policy is clear, strong and decisive (unlike many other countries, particularly in the West): Protecting public health […]

Vietnam’s Solar Surge

May 27, 2021 Vietnam by Access Asia

Vietnam has made headlines in 2021 for a recent solar boom that pushed it into the top global solar-power rankings in the space of months late last year.

Vietnam: Yearly Roundup and Key Issues to Watch in 2021

January 11, 2021 Vietnam by Access Asia

Vietnam is emerging as a regional winner as a tempestuous 2020 becomes history and the world looks ahead to 2021.

Vietnam’s LNG-to-Power Transition

December 27, 2020 Uncategorized, Vietnam by Access Asia

On December 14, the United States and Japan issued a joint statement in support of Vietnam’s energy transition through LNG utilization. The statement made it clear that liquified natural gas (LNG) was key to ensuring Vietnam’s energy security, while reducing air pollution and assisting in transitioning to a low-carbon future.

Shifting Tides for Vietnam Offshore Wind

October 29, 2020 Vietnam by Access Asia

While energy demand is down globally – by approximately 5% in 2020, according to the International Renewable Energy Agency (IRENA) – renewable energy rollout will continue to grow this year, and nowhere is that more true than in Vietnam, which is undergoing an offshore-wind bonanza.

COVID-19 and the Effects on Supply Chains in Vietnam

April 22, 2020 covid-19, Uncategorized, Vietnam by Access Asia

COVID-19 has slowed global trade and disrupted supply chains, starting in China – the “factory of the world” – and resulting in a ripple effect as businesses struggle to source raw inputs. This has had short-term impacts on Vietnam, like everywhere else, but the country is strongly positioned for a rebound as economies restart.

Renewable Energy Sector Update

April 16, 2020 Access Asia, renewable energy, Taiwan, Vietnam, wind power by Access Asia

After years of strong growth, the renewable energy sector is set to take a breather – and likely into next year. Immediate demand for energy has collapsed, oil prices have fallen in tandem and capital markets are in turmoil and therefore unlikely to support capital intensive projects.