German-funded project on smart power network development approved
Deputy Prime Minister Pham Binh Minh has signed Decision 519/QD-TTg approving the proposal on a German-funded project to apply smart power network to develop renewable energy and energy efficiency in Vietnam.
Illustrative Image (Source: VNA)
Hanoi (VNA) –Deputy Prime Minister Pham Binh Minh has signed Decision 519/QD-TTg approvingthe proposal on a German-funded project to apply smart power network to developrenewable energy and energy efficiency in Vietnam.
The project, whichwill use non-refundable Official Development Assistance (ODA) capital of theGerman Government, aims to complete legal framework related to promoting andsupporting the development of various sources of renewable energy in the powersystem as well as a smart energy network in Vietnam.
It is expected to helpthe country fulfill the Government’s targets set in the national powerdevelopment programme, the green growth strategy, and the green growth actionplan, towards ensuring reliable supply of energy and improving power quality alongwith sustainable development of the power and energy sector.
The project will enhancepartnership and technology transfer among universities, research institutes andenterprises of Vietnam and Germany in renewable energy and energy efficiency,while establishing networks for cooperation and experience sharing amongpolicy-makers, management officials as well as other project development units.
Research affiliationwill focus on latest technologies and technology products and software forenergy efficiency for application in building smart houses and smart cities.
To be implemented from2018 to 2022 nationwide, the project will have total investment of nearly 5.3million EUR, of which 5 million EUR is sourced by non-refundable ODA of theGerman Government, while 297,980 USD is Vietnam’s corresponding capital.
Prime Minister NguyenXuan Phuc has assigned the Ministry of Planning and Investment to send anofficial notice to the German side on this decision. Meanwhile, the Ministry ofIndustry and Trade was asked to gather ideas of relevant agencies to complete, verifyand ratify the project’s document in order to issue a decision on the project.-VNA
VNA
Related News
Construction of a Japanese-funded wind and solar power project began in Quy Nhon city, the central province of Binh Dinh on April 3.
Experts and scientists have discussed how to promote the application of technological solutions to produce clean energy, and form communities using smart energy, towards making over Ho Chi Minh City as a smart city.
The Mekong Delta province of Bac Lieu signed a memorandum of understanding (MoU) on a liquefied natural gas (LNG)-fueled power project with Energy Capital Vietnam on May 4.
Director of the Vietnam Institute of Economics Tran Dinh Thien has called for taking new approach to energy strategy, with saving energy in production and consumption as compulsory.
According to Dr. Le Minh Nghia, Chairman of the Vietnam Financial Consulting Association (VFCA), AI has become a key driver reshaping the global financial industry. In Vietnam, the technology is already widely used in banking and finance for credit analysis, electronic customer identification (eKYC), risk management, service personalisation and real-time transaction processing.
Since the Prime Minister issued Directive 38, which directs ministries and agencies to strengthen efforts against IP violations, 1,438 cases had been detected and processed as of May 27.
The workshop aims to achieve three key objectives providing a platform for academic exchange and strengthening collaboration between leading international scientists and young researchers, including doctoral students; promoting multidimensional scientific dialogue on major open questions in the field; and initiating new directions for international research cooperation with the active participation of Vietnam's physics community.
With the bilateral relations continuing to grow and the determination of both sides to advance innovation, cooperation in AI and high technology is expected to become one of the most dynamic pillars of Vietnam-Singapore relations in the coming time.
Vietnam, Israel deepen cooperation prospects in quantum technology
After four editions of the Top Industry 4.0, this year, the programme was officially renamed “Vietnam I4 Impact Awards”, which is not just a change in name but a shift in development thinking and core values.
Experts said close coordination among State management agencies, research institutes, universities, and businesses will improve training quality and serve the dual goals of quality education and practical research application.
To promote copyright protection, Vietnam is accelerating efforts to master core technologies and build integrated platforms capable of receiving, processing, distributing and protecting digital content on a unified system.
OVs hope the two countries can establish an interconnected cooperation mechanism in the technology supply chain, from sharing research, testing, and development infrastructure to training human resources, thereby forming a technology alliance able to compete with others in the ASEAN region and the world.
Part of the Vietnam Innovation Challenge 2026, the programme goes beyond conventional coding competitions by requiring participants to develop AI-driven solutions to business challenges in real time.
Many experts in Singapore expressed their hope that the General Secretary and President’s visit will pave the way for more substantive cooperation mechanisms between Vietnam and Singapore in high technology, innovation and human resources development.
Ho Chi Minh City currently hosts 143 science and technology enterprises, accounting for around 20% of the national total. Total factor productivity (TFP) contributes 59% to the city’s GRDP growth, with science and technology responsible for 74% of TFP growth.
Over recent years, NSTDA has built strong partnerships with Vietnamese research institutes and organisations in agriculture, biotechnology, energy and sustainable development. Notable examples include joint projects on cassava value chains, salt-tolerant rice, biotechnology products and an initiative on green energy cooperation and development in the Mekong basin.
Vietnam now needs more effective digital transformation to create higher productivity, new growth models and stronger competitiveness in the AI era, said participants at the plenary session of the Vietnam-Asia DX Summit 2026.
The project aims to transform VNeID into a modern, secure and highly scalable national digital platform capable of effectively serving citizens, businesses, agencies and organisations in handling administrative procedures, accessing online public services, conducting electronic transactions and using digital utilities.
More than just a major technology competition for engineering students, this year’s event provides a platform for innovation, artificial intelligence (AI) and practical industrial applications to converge.
Regional Representative of the UNODC for Southeast Asia and the Pacific, Delphine Schantz, recommended that countries should treat the UN Convention against Cybercrime (Hanoi Convention) as a ‘starting point,’ instead of an ‘end goal.’
The inclusion of Vietnamese researchers in the 2026 Asian Scientist 100 list alongside Nobel laureates highlights Vietnam’s increasing integration into the global scientific community and its expanding research capabilities.
For Ho Chi Minh City, science, technology and innovation have been identified as key drivers of growth in the new development period. Biotechnology, therefore, is considered one of the sectors capable of generating high added value and promoting the transition towards a greener growth model.
Addressing the forum, Vietnamese Ambassador Tran Phuoc Anh expressed appreciation for the initiative to connect Vietnamese intellectuals in Singapore and make the most of the city-state’s strengths in science, technology and innovation.