Vietnam, Thailand Hold Second Energy Forum in Bangkok

The second energy forum between Vietnam and Thailand took place in Bangkok on October 6-7, seeking ways to achieve the common goal of developing clean and sustainable energy, VNA reported.

<a href='https://vietexplorer.com' rel='dofollow'>Vietnam</a>, Thailand Hold Second Energy Forum in Bangkok
The Vietnam – Thailand second energy forum in Bangkok on October 6. Photo: VNA

Permanent Secretary of the Thai Ministry of Energy Kulit Sombatsiri said his country wishes to promote substantive cooperation in energy with Vietnam.

Vietnamese Deputy Minister of Industry and Trade Dang Hoang An said since the first forum was held in Binh Dinh province in 2015, bilateral energy cooperation has reaped many encouraging results.

Thailand is an important energy investor in Vietnam, he said, elaborating that its businesses have been investing in wind, solar and thermal power plants in many Vietnamese localities.

The Vietnam Oil and Gas Group and the national oil and gas firm of Thailand, via its subsidiaries, are also working together in some oil and gas exploration and exploitation projects in Vietnam and Algeria, he added.

Affirming the importance of the energy partnership with Thailand, An held that the organisation of the second forum was necessary amid numerous difficulties facing the global energy industry as it helped the two sides learn each country’s energy cooperation demand, strengthen energy cooperation, and contribute to their countries’ enhanced strategic partnership set up in 2015.

<a href='https://vietexplorer.com' rel='dofollow'>Vietnam</a>, Thailand Hold Second Energy Forum in Bangkok
Vietnamese Deputy Minister of Industry and Trade Dang Hoang An and Permanent Secretary of the Thai Ministry of Energy Kulit Sombatsiri along with delegates at the forum. Photo: VNA

At the forum, participants discussed and shared experiences in many important energy development issues of Vietnam and Thailand, which have the common target of shifting to clean energy to minimize climate change impacts.

They also talked about opportunities for energy business partnerships in the future, the expansion of trade and investment links, the exchange of knowledge and technology, innovations in petroleum exploration and clean energy production, and the development of new fuels like hydrogen and ammonia so as to jointly promote energy security and sustainable energy.

They also highly valued the investment climate in Vietnam and held that the country is a potential market with high profitability in the energy sector.

Businesses of Vietnam and Thailand also met one another to seek partnership chances.

Also, the Thai Ministry of Energy has announced it would stop work on the long-delayed 1,320 MW thermal power plant project in the central province of Quang Tri.

VNS quoted Vo Van Hung, chairman of the provincial People’s Committee on Thursday while he attended the energy forum.

The project’s investor is the Electricity Generating Authority of Thailand (EGAT) International Company Limited. The company was granted an investment license in 2013 but the project has yet to be implemented.

The plant was planned to be built on an area of 450ha in the Dong Nam Economic Zone in the province.

Hung said that the decision was made after considering the recommendations of the committee, assessing the factors causing obstacles in the financial arrangement and equity of the project, as well as the implementation of the 26th session of the Conference of the Parties (COP26) commitments to achieve net zero emissions by 2050 of the two Governments of Vietnam and Thailand.

The Thai Ministry of Energy also said that it will soon send an official document about the cancellation of the project to the Vietnamese Ministry of Industry and Trade and Quang Tri Province.

The Thai Ministry of Energy suggested the Vietnamese Ministry of Industry and Trade and the province continue to create favorable conditions for the Electricity Generating Authority of Thailand (EGAT) International Company Limited in the future so that the company can seek more opportunities to invest in other renewable energy projects or invest in infrastructure for the implementation of other renewable energy projects in Vietnam and Quang Tri in particular.

Hannah Nguyen

The post Vietnam, Thailand Hold Second Energy Forum in Bangkok appeared first on Vietexplorer.com.

View more from VietExplorer:

Broadcasters ready for start of National Radio Festival
Vietnamese destinations and resorts win world travel awards
Travel tips to Ha Long: where to visit and what to do
The Majestic Ancient Volcano Hidden Behind the Sea of Clouds on Ly Son Island
Vietnam, Greece Seek Stronger Cooperation
The Best Summer Treats to Enjoy in Southern Vietnam
Best Destinations to Explore in Stunning Thai Nguyen
The “Love Lagoon” of Hue
UAVS Career Fair 2022 For Vietnamese Students In Australia
Discovering Unique “Ancient Fan Museum” in Hanoi
Vietnam News Today (Aug. 2): Vietnam Named Among Fastest Growing Travel Destinations Globally
A new Ebola-like virus emerges: There is no cure, no vaccine
Vietnamese travelers choose Ho Chi Minh City as their favorite for summer holiday: Agoda
Vietnam’s playmaker Nguyen Quang Hai signs for French club
Late Greek Hero Kostas Sarantidis buried at final resting place in Vietnam
3 different lives of 3 Apple founders
Students on the hunt for summer jobs in Ho Chi Minh City
Local K-Pop fans gear up for singing contest
Talented artists perform pieces by Czech composer at Toyota 2022 Concert
Exhibition held to commemorate War Invalids and Martyrs Day

Comments

Post a Comment

Popular posts from this blog

Blood oath ceremony of the Mnong in Dak Lak

The stilt house of Y Thien Cil of Jie Yuk hamlet is cheerful with a chưng bor melody and the prayers of a shaman inviting deities to the twinning ceremony of Y Thien Cil and Y Nam Pan Ting. They have been close friends for many years and after the blood oath they will be blood brothers. The offerings are pork, steamed glutinous rice, bananas, eggs, a rooster, two brass bracelets, and two strings of glass beads. The two men and their wives sit in front of the offerings. Village chief Y Krai Cil is the shaman conducting the ritual: “Today the two men will swear an oath to become blood brothers. They have had a close relationship for a long time. I conduct this ritual to wish them good health and true brotherhood. If one experiences difficulties or hardship, may they stay together and never abandon the other.” The twinning ritual has two main procedures: asking the deities to accept the brotherhood and bless them with good health, and the twinned men enjoying their first meal ...
Read more

Promote the Country’s Image with this Golden Opportunity

Image
The Hanoi Tourism Department has announced that over 170,000 individuals visited Hanoi during the two-day BlackPink concert, generating a total revenue of VND630 billion (US$27.4 million) for the city. The benefits of hosting the group’s performance in Vietnam are evident. However, have we fully capitalized on these opportunities to promote our country’s image and generate income? Associate Professor, PhD. Bui Hoai Son, a member of the National Assembly’s Committee on Culture and Education, discussed this phenomenon with The Hanoi Times. The potential of Vietnam’s entertainment market With the recent BlackPink effect, what are your comments on the needs of the Vietnamese audience? The BlackPink event in Hanoi displayed the immense appeal of this girl band. Despite the relatively high ticket prices, a portion of the audience still willingly paid for a high-quality and memorable musical experience. This demand also demonstrates the potential of Vietnam’s entertainment market. With ...
Read more

Vietnam considers issuing e-visas to citizens of all countries and territories

Image
The Government of Vietnam is seeking approval from the National Assembly to issue electronic visas to citizens of all countries and territories. International tourists on the way to the sandy beach in the southern province of Khanh Hoa’s Cam Ranh Coastal City. Photo: Trung Vu/ The Hanoi Times Accordingly, Vietnam would extend visa validity from 30 to less than 90 days for single or multiple entries and stay from 15 to 45 days for foreign visitors from Vietnam’s Visa Waiver Program countries and territories. The measure is seen as a boost for the development of Vietnam’s “smokeless industry”, which will enhance the competitiveness of national tourism in Southeast Asia. The country reinstated the visa waiver policy for citizens of 24 countries after three years of border closures due to Covid-19. Despite being one of the first countries in Southeast Asia to fully lift border restrictions, the travel industry has not recovered as expected. Restrictive visa policies are l...
Read more