Globalinx Group, specialising in assisting and supporting companies in their international business development plans for Asia, said that more and more enterprises, particularly from the US, are showing interest in selling and distributing LNG to Vietnam. This is due to the great demand as well as the trend from coal-fired to LNG power and renewables, feeding about 10 per cent demand per-year for the power sector. … [Read more...] about US ties expand on back of power plans
Pure power plant
Ministry reverts to old proposal on fixing solar power tariffs
In its latest report to the government Tuesday, the MoIT has suggested that solar power projects approved before November 23, 2019 that begin operating before January 1, 2021 should enjoy fixed feed-in-tariffs (FIT) of 7.09 cents a kWh for plants on land and 7.69 cents for floating plants. … [Read more...] about Ministry reverts to old proposal on fixing solar power tariffs
BUSINESS NEWS HEADLINES FEB. 19
When the freight vehicles from China pass, drivers and cargo owners will be given a medical examination before customs clearance, then the freight trucks will be directed to a separate gathering area. Drivers and cargo owners are only allowed to stay in the quarantined area until the import and export of goods is completed. Vehicles imported before leaving the gate to go inland will be disinfected, with a comprehensive epidemic prevention room under strict control to prevent coronavirus. … [Read more...] about BUSINESS NEWS HEADLINES FEB. 19
Politburo encourages private investment in energy sector
A 40-megawatt wind energy plant in the south-central coastal province of Ninh Thuan. The Politburo has urged private investors to get involved in renewable energy projects – PHOTO: VNA HCMC – The Politburo has called for the restructuring of State-owned enterprises (SOEs) in the energy industry and has encouraged the private sector to get involved in energy development, according to a new resolution. … [Read more...] about Politburo encourages private investment in energy sector
FDI in Vietnam expected to surge after the epidemic
According to Nguyen Bich Lam, general director of the General Statistics Office (GSO), Viet Nam is in favourable position to attract more foreign investments, including the relocation plans of foreign investments in China to evade the US-China trade war and many free trade agreements (FTA) that Viet Nam has signed, including CPTPP and EU-Viet Nam FTA. … [Read more...] about FDI in Vietnam expected to surge after the epidemic
