The United States Mission to Vietnam, through the US Agency for International Development (USAID), and Ho Chi Minh City People’s Committee launched a project to accelerate renewable energy and energy efficiency solutions on September 20.
According to USAID’s Vietnam Mission director Aler Grubbs, the US is at the forefront of supporting Vietnam’s transition to a clean, secure, and market-driven energy sector.
The $14 million project, called USAID Vietnam Urban Energy Security, works with Ho Chi Minh City and Da Nang to improve urban planning related to clean energy, mobilize investment, and integrate clean energy solutions into the power system.
These include rooftop solar, electric vehicles, and waste-to-energy solutions, along with other energy efficiency measures.
In addition, USAID supported the Vietnamese government in developing its Power Development Plan VIII, which sets the overarching vision and operating principles for Vietnam’s power sector from 2021 to 2030.
USAID also worked closely with the Ministry of Industry and Trade to develop minimum energy efficiency performance standards to reduce energy consumption in industrial production.