Vietnam Allocates VND40 Billion on Energy Saving Efforts

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Jan. 5 – Vietnam is set to invest VND40 billion (US$2.35 million) for projects that promote an effective and economical use of energy for 2009.

The Ministry of Industry and Trade also plans to implement large scale projects that hot water sprays that utilize solar energy, bio-gas plants and energy saving buildings.

Nguyen Dinh Hiep, Chief of the ministry’s Energy Saving Office (ESO) told the Vietnam News Agency that it would create and broadcast radio and television programs that dealt with energy saving in addition to organizing training courses for agencies and top businesses.

ESO will coordinate with the Ministry of Science and Technology to formulate standards on energy consumption and conduct surveys on energy use in the market.