Vietnam, US hold energy security dialogue

The Governments of the US and Vietnam held the second annual Energy Security Dialogue in Washington, DC, on Friday to increase win-win cooperation in liquefied natural gas and renewable energy to diversify supplies and expand markets.

Vietnamese Deputy Minister of Industry and Trade Dang Hoang An and US Assistant Secretary of State for Energy Resources Francis Fannon reaffirmed the US and Vietnam's commitment to deepening cooperation on energy security. A joint statement on the dialogue said the US Trade and Development Agency demonstrated its support for enhancing Vietnam's storage capacity by funding a joint Electricity Vietnam (EVN)-GE Power study on the use of advanced energy storage technologies to reduce power shortages in Southern Vietnam. During the Dialogue, EVN and GE power signed an agreement to carry out that study. Both sides agreed that the third Vietnam-US Energy Security Dialogue will take place in Vietnam in 2020.

Source: VOV5