Conditional Approval Granted for Vietnam's Renewable Energy Export Project
November 3, 2026
On October 26, 2026, in Singapore, the renewable energy export project from Vietnam to Malaysia and Singapore received conditional approval from the Energy Market Authority (EMA) of Singapore. This project, known as VMS, is a key initiative aimed at enhancing energy trade in the region.
Sembcorp Utilities Pte Ltd, a wholly-owned subsidiary of Sembcorp Industries, is designated as the electricity importer for this project. The conditional approval allows the consortium participants to continue advancing through various project phases, facilitating the development of renewable energy resources in Vietnam.
This approval is expected to strengthen energy ties between Vietnam, Malaysia, and Singapore, promoting sustainable energy solutions in Southeast Asia.
Source: Nangluongvietnam.vn (Vietnam Energy Magazine). Read the full article.