Chinese renewable energy developers eye investment cooperation in Vietnam

According to a September 2024 report from HSBC, Vietnam ranked second among Southeast Asian markets targeted by Chinese investors, only behind Singapore. Vietnam has seen a strong investment inflow from China with the presence of many international corporations in various fields such as technology, electronics, and renewable energy. Energy transition is not simply about replacing fossil fuels with wind and solar power. It also requires building a sustainable energy ecosystem in which clean power generation, energy storage, smart grids and material recycling chains develop in parallel. Such an integrated approach will improve energy efficiency, further reduce greenhouse gas emissions and help Vietnam achieve green growth and net-zero emissions targets by 2050. From September 20-22, Vietnamese Ambassador to India Trinh Minh Manh and an Embassy delegation held meetings with Tamil Nadu authorities, trade promotion agencies and businesses to promote investment, trade, industrial and technology cooperation. To achieve the 74-billion-USD export target, the sector needs an additional 24.9 billion USD in the final four months, averaging 6.23 billion USD per month. The state visit to Canada by General Secretary of the Communist Party of Vietnam Central Committee and President To Lam is expected to provide fresh momentum for bilateral economic cooperation. General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President To Lam met with leaders of three major US groups – Warburg Pincus, Boeing and Apple – in New York on the afternoon of September 21 (local time). The Mexican businesses have given positive feedback after attending VIS 2026, saying they are planning trial orders with Vietnamese suppliers, particularly for household goods, furniture, food and agricultural products, stationery and packaging. A Ho Chi Minh City official said FTA utilisation should go beyond tariff preferences as export markets impose stricter requirements on quality, technical standards, environmental protection and sustainability. It must go hand in hand with improving product quality and meeting technical standards, green requirements and sustainable development criteria. For LNG-fired power to fulfill its role in Vietnam’s energy transition, bottlenecks in institutions, infrastructure, electricity pricing, PPAs, power dispatch and financing must be addressed together. From policy and infrastructure to industrial real estate, Vietnam’s FDI advantages are broadening towards a more integrated production ecosystem, offering investors a stronger combination of conditions for high-value, technology-intensive and long-term projects. The 228-seat aircraft is expected to enter commercial service on October 1 after completing all required technical and operational procedures. With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,922 VND/USD, and the floor rate 24,358 VND/USD. General Secretary of the Communist Party of Vietnam Central Committee and President To Lam stressed that economic, trade and investment cooperation is one of the most important pillars of bilateral relations, directly benefiting businesses and people and contributing to the development of both countries. The annual exhibition comprises two main sections including HanoiTex, showcasing machinery, equipment and technologies for the textile and garment industry, and HanoiFabric, featuring fabrics and materials for textile, garment and embroidery production. The event is part of efforts to improve transparency and strengthen engagement with the international investment community. At the heart of this transformation is DT975, the corridor connecting Phu Quoc International Airport with the APEC Convention Centre. With a 62-metre cross-section featuring 10 motor vehicle lanes and an integrated light rail transit (LRT) line, the route is being developed as a key component of the island’s future transport network. Representatives of leading Polish agricultural and forestry machinery manufacturers, including Pronar and Uni, have expressed their appreciation of Vietnam's potential in furniture manufacturing and mechanical engineering. The new agreement between Vietnamese and Indian airlines, which takes immediate effect, doubles the weekly passenger capacity limit to 16,800 seats from the current 8,000. The expansion comes as airlines from both countries have used or are nearing full use of their existing traffic rights amid growing travel demand. Welcoming US businesses to invest and operate in Vietnam, Deputy Prime Minister Nguyen Van Thang said the Southeast Asian country seeks not merely to attract more investment capital but to establish partnerships based on co-creation. This marks SPA’s debut in the Skytrax international airline awards and rankings. In the World’s Top 100 Airlines ranking, the carrier climbed 57 places from 156th in 2025 to enter the top 100 for the first time. With joint funding mechanisms, clear coordination channels and market-driven projects, technology cooperation between Vietnam and Canada could move beyond the exchange of ideas, turning the two countries' complementary strengths into a shared innovation ecosystem and creating fresh momentum for bilateral economic ties. Copyright, VietnamPlus, Vietnam News Agency (VNA) Editor-in-chief, Mr. Tran Tien Duan.