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The National Assembly (NA) of Vietnam has sanctioned the reduction of all fuel-related taxes to zero until June 30, in a move to mitigate price pressures, stabilize markets, and bolster economic resurgence in the face of global energy instability. This means…
FedEx, a global leader in express transportation, is bolstering its commitment to sustainability across the Asia Pacific through the inauguration of a new solar installation at the FedEx Shanghai International Express and Cargo Hub. This marks a significant…
Viva Energy Group, a prominent oil company, has announced the appointment of Teresa Rendo as the Chief Executive Officer (CEO) of its retail division, Convenience and Mobility. Experienced Retail Executive Joins Viva Energy Teresa Rendo joins Viva Energy with…
Vietnam’s first liquefied natural gas (LNG) power cluster, constructed at a cost of US$1.4 billion, is set to commence commercial operations on January 1. The Nhon Trach 3 and 4 LNG-fired plants are located in the southern province of Dong Nai and were…
Rosatom, Russia’s state-owned nuclear company, has proposed offering its cutting-edge technology to assist in the construction of Vietnam’s Ninh Thuan 1 nuclear power plant. In a recent phone call, Rosatom’s CEO, Alexey Likhachev, assured Vietnamese Prime…
Viva Energy’s Convenience and Mobility (C&M) division has experienced a decrease in both convenience sales and fuel volumes in the third quarter. This shrinkage is attributed to the ongoing challenges within the retail fuel industry, as well as a reduction in…
Thailand is on the brink of a transformative shift in its energy landscape, projected to save an impressive $1.8 billion in power generation costs from 2026 to 2037. This could be achieved by exceeding the current targets of its revised Power Development Plan…
Shifting consumer habits and an evolving retail landscape are pushing brands to rethink their strategies in Asia, particularly in the wake of a retail renaissance fueled by innovation and adaptability. As global giants and local players navigate an…
Onshore wind capacity in Southeast Asia is set for a remarkable transformation, with projections indicating a surge to 26 gigawatts (GW) by 2030, according to Rystad Energy. This figure represents an impressive leap of 19.5 GW from the current 6.5 GW…
Suntory Oceania has recently expanded V Energy’s ready-to-drink assortment by introducing a new zero-sugar range. Inspired by the Y2K aesthetic, the line features three exciting flavors: Strawberries & Cream, Watermelon Candy, and Cotton Candy. Available in…
Singapore is making significant strides in the renewable energy landscape, surpassing its regional counterparts regarding the integration of low-carbon energy sources. A recent survey by ABB’s Energy Industries division indicates that 30% of companies in…
China is poised to lead an unprecedented boom in the wind energy sector, as projections indicate that the industry will install a remarkable 170 gigawatts (GW) of new capacity by the end of 2025, according to the latest report from Wood Mackenzie. This surge…
Vietnam’s renewable energy landscape is set to bloom, with projections indicating that the country’s total renewable power capacity will soar to 112.1 gigawatts by 2035. This impressive growth reflects a compound annual growth rate (CAGR) of 14.3% from 2024…
South Korea is gearing up for a significant boost in its nuclear power generation, with projections indicating an increase to 222.7 terawatt-hours by 2035. This growth reflects a compound annual growth rate (CAGR) of 2.4% from 2024 to 2035, according to…
China’s coal demand is anticipated to experience a modest decline this year, a turn of events that reflects broader trends in the global energy landscape. The International Energy Agency (IEA) projects that overall global coal consumption will remain stable,…
Liquid Death, a notable canned water company, is set to make a definitive move into the energy drink market. Their new product line, named Sparkling Energy, is a low-caffeine, sugar-free beverage range expected to make its debut in the United States market…
