The Hanoitimes - Local supporting policies together with global advanced technologies will help drive down input cost for wind power projects. World experts gather in Hanoi for Vietnam Wind Power 2019 Offshore wind power: Dutch lessons to help Vietnam ensure energy security GIZ aids Vietnam’s wind-to-power capacity in 5-year journey Vietnam's new price policy to boost wind power investments Vietnam has huge wind power potential and the government has outlined a roadmap to tap potential of this kind of renewable energy. Huge potential for onshore and offshore wind in Vietnam. Photo: GWEC Vietnam has become, in the eyes of investors, a destination for wind power developers for three reasons, according to the Global Wind Energy Council (GWEC). First, levelized cost of energy (LCOE), which is considered as the payback for energy systems, for onshore wind came down by 30% in the past four years. Second, wind energy with the deployment … [Read more...] about Why is wind energy more cost-competitive in Vietnam?
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The Hanoitimes - The mainstream trends conform a comprehensive picture to help policy makers build Vietnam`s digital economy plans. Digitalization key to transform Vietnam into Asia’s developed economy: Expert 250 local and int’l participants to attend sci-tech conference in Vietnam The Data61|SCIRO under the Australian National Science Foundation has identified seven mainstream trends affecting Vietnam's digital economy future. The trends include the impact of emerging digital technologies, new export markets for Vietnam, the development of modern digital infrastructure, the need for smart city development, the increase in digital skills and services, and consumer behavior change. Dr. Lucy Cameron talks about Vietnam's digital economy scenarios. Photo: Giang Huy The trends conform a comprehensive picture to help policy makers build Vietnam's digital economy plans. The trends are also the basis for developing four scenarios for Vietnam's … [Read more...] about Seven major trends that affect Vietnam’s digital economy
At the meeting (Source: congthuong.vn) Hanoi (VNA) – The 46th Consultative Committee Meeting of the Colombo Plan (CCM46) kicked off in Hanoi on October 30. This is the first time Vietnam has hosted the Colombo Plan’s important session, which this year is being held to focus on gender equality. The two-day events brings together nearly 100 delegates from 23 member nations, representatives from the Colombo Plan Secretariat and many of Vietnam’s ministries and agencies, as well as observers. In his opening speech, Minister of Labour, Invalids, and Social Affairs Dao Ngoc Dung highlighted the importance of the meeting, which occurs every two years, saying that the Colombo Plan’s top priority meet up aims to address shortcomings and set out orientations for cooperation among member countries over the next two years. Minister Dung appreciated the valuable cooperation that the Colombo Plan has given Vietnam, especially in helping the country train more … [Read more...] about Vietnam hosts Colombo Plan’s meeting on gender equality
(Photo: World Economic Forum) The analysis presented in the Global Competitiveness Report 2018 is based on a methodology integrating the latest statistics from international organizations and a survey of executives. This year, WEF used a brand new methodology to fully capture the dynamics of the global economy in the Fourth Industrial Revolution, many of the factors that will have the greatest impact in driving competitiveness in the future have never been the focus of major policy decisions in the past. These include idea generation, entrepreneurial culture, openness, and agility. Under the new method Vietnam earned 58.1 points, a slight increase over 57.9 points in 2017. The country dropped three places (74/135) from the 2017 rankings and was the sixth most competitive economy in Southeast Asia. Within the region, The country behind neighbours Singapore (second), Malaysia (25th), Thailand (38th), Indonesia (45th) and the Philippines (56th), but ahead of Brunei Darussalam … [Read more...] about Vietnam ranks 77/140 in Global Competitiveness Index
The Hanoitimes - Out of the 12 pillars, Vietnam made progress in just four, stood still in one, and slipped in seven. Vietnam’s overall score inched up to 58.1 out of 100 in the World Economic Forum (WEF)’s Global Competitiveness Index 2018, but its ranking has fallen by three places to 77th out of 140 rated economies from the 74/135 position a year earlier. The new tool maps the competitiveness landscape of 140 economies through 98 indicators organized into 12 pillars. For each indicator, using a scale from 0 to 100, it indicates how close an economy is to the ideal state or “frontier” of competitiveness. When combining these factors, the average score for the world is 60, 40 points away from the frontier. Out of the 12 pillars, Vietnam made progress in just four (ICT adoption, Health, Labor market, Market size), stood still in one (Macroeconomic stability), and slipped in seven (Institutions, Infrastructure, Skills, Product market, Financial system, Business … [Read more...] about Vietnam slides slightly to 77th in WEF Global Competitiveness