25/11/2015 14:40 GMT+7 Email Print Like 0

European businesses introduce green technology in Vietnam

Hanoi, November 25 (VNA) – Six European enterprises are set to introduce green technology in Vietnam as announced at a trade promotion event held by the EU-Vietnam Business Network (EVBN) in Hanoi on November 24.

The businesses will attend the Vietwater Exhibition, the Renewable Energy Programme and Energy Efficiency Event organised for the first time in Vietnam from November 25-27.

According to EVBN Legal Consultant Nguyen Thi Phuong Thao, to ensure sustainable growth, Vietnam needs to meet increasing demand for energy, which has surged 10 percent in the past decade and is expected to shoot up 400 percent in the next 20 years.

Currently, a third of the country’s power supplies are generated from hydropower. Another third comes from oil and gas, and the remaining from coal and imported energy, Thao said.

The General Department of Energy stated that electricity in 2015 stands at 194-210 billion kWh. The figure is set to rise to 330-362 billion kWh by 2020.

The Government issued a blueprint to develop green energy, including reducing carbon dioxide emissions by 10-20 percent by 2020 and 30 percent by 2030.

The move served as a legal framework to help European enterprises invest in green technology in the county.
VNA/VNP