Vietnam Ramps Up Coal Imports As It Struggles To Transition To Renewable Energy
Date
1/3/2025 11:05:49 PM
(MENAFN- Investor Brand Network)
Recent reports have revealed that Vietnam is
ramping up coal imports
despite its abundant renewable energy resources as well as its commitment to ditching fossil fuels. Vietnam currently
generates more solar energy
than any other country in Southeast Asia and has some of the most progressive renewable energy policies and goals in the region.
However, forecasts from the International Energy Agency show that Vietnam was one of the top 5 coal importers in 2024 after its imports surpassed Taiwan's. Like many other countries that are trying to make renewables their dominant source of energy, Vietnam is struggling to develop its energy grid at an...
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