A critical review of energy resources, policies and scientific studies towards a cleaner and more sustainable economy in Vietnam

Climate change; Commerce; Decision making; Energy policy; Investments; Personnel; Pollution control; Renewable energy resources; Cleaner production; Development plans; Institutional barriers; Power development; Power development plan; Renewable energies; Renewable Power; Scientific studies; Sustaina...

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Main Authors: Nong D., Wang C., Al-Amin A.Q.
Other Authors: 57193762491
Format: Review
Published: Elsevier Ltd 2023
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Institution: Universiti Tenaga Nasional
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spelling my.uniten.dspace-251362023-05-29T16:06:55Z A critical review of energy resources, policies and scientific studies towards a cleaner and more sustainable economy in Vietnam Nong D. Wang C. Al-Amin A.Q. 57193762491 57215409080 23481119100 Climate change; Commerce; Decision making; Energy policy; Investments; Personnel; Pollution control; Renewable energy resources; Cleaner production; Development plans; Institutional barriers; Power development; Power development plan; Renewable energies; Renewable Power; Scientific studies; Sustainable economy; Viet Nam; Energy efficiency Vietnam is a young and fast-growing economy in Southeast Asia that has put effort into internationally tackling climate change issues. By well understanding the energy resources, markets, policies, and scientific studies will help the country move faster towards a cleaner and more sustainable economy. This review indicates that Vietnam has abundant natural resources to develop renewable power; however, the country's economy is still small, lacking financial capacity, advanced technologies and human resources for rapid development of renewable energy. Institutional barriers, such as market-controlled mechanisms and unstable supporting policies, also limit investment in renewable power sectors. Transmission and distribution networks are currently not compatible with power plant construction, leading to high risks for investors. Due to financial and technological constraints, Vietnam still needs to strongly develop fuel-fired power along with renewable energy. As a result, although the energy policies and plans are set towards cleaner production, progress will be slow. Vietnam may need strong support from international organizations and governments to develop better financial capacity, as well as quality human resources and advanced technology in order to transition to a low-carbon economy more rapidly. A better and stronger energy efficiency policy should also be facilitated so that power targets can be achieved at lower costs for the country to release much lower emission levels. Research-based findings also need to be strengthened to support policy-decision making. � 2020 Elsevier Ltd Final 2023-05-29T08:06:55Z 2023-05-29T08:06:55Z 2020 Review 10.1016/j.rser.2020.110117 2-s2.0-85089012578 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85089012578&doi=10.1016%2fj.rser.2020.110117&partnerID=40&md5=8ffcdc3e6a5fd58e4b12a32b060e9af7 https://irepository.uniten.edu.my/handle/123456789/25136 134 110117 Elsevier Ltd Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
description Climate change; Commerce; Decision making; Energy policy; Investments; Personnel; Pollution control; Renewable energy resources; Cleaner production; Development plans; Institutional barriers; Power development; Power development plan; Renewable energies; Renewable Power; Scientific studies; Sustainable economy; Viet Nam; Energy efficiency
author2 57193762491
author_facet 57193762491
Nong D.
Wang C.
Al-Amin A.Q.
format Review
author Nong D.
Wang C.
Al-Amin A.Q.
spellingShingle Nong D.
Wang C.
Al-Amin A.Q.
A critical review of energy resources, policies and scientific studies towards a cleaner and more sustainable economy in Vietnam
author_sort Nong D.
title A critical review of energy resources, policies and scientific studies towards a cleaner and more sustainable economy in Vietnam
title_short A critical review of energy resources, policies and scientific studies towards a cleaner and more sustainable economy in Vietnam
title_full A critical review of energy resources, policies and scientific studies towards a cleaner and more sustainable economy in Vietnam
title_fullStr A critical review of energy resources, policies and scientific studies towards a cleaner and more sustainable economy in Vietnam
title_full_unstemmed A critical review of energy resources, policies and scientific studies towards a cleaner and more sustainable economy in Vietnam
title_sort critical review of energy resources, policies and scientific studies towards a cleaner and more sustainable economy in vietnam
publisher Elsevier Ltd
publishDate 2023
_version_ 1806426610583207936