Building on this growth momentum, Hanoi remains an appealing spot despite the pandemic. In the first five months of 2020, it attracted over $1.18 billion worth of FDI. Singapore is the city’s biggest foreign investor with $262.7 million, followed by Japan, Taiwan, and South Korea. In the second half, the capital targets to attract $2.75 billion in FDI, thus enabling it to increase the figure to $5 billion by year-end. … [Read more...] about Hanoi grants investment certificates to 229 projects totalling $17.6 billion today
Billion oyster project
Vietnam home to nearly 50,000 rooftop solar projects
Electricity produced from renewable sources totalled 7.27 billion kWh. Some 6.39 billion kWh was from solar energy alone, surpassing the target and up 2.94-fold compared to the same period of 2019. … [Read more...] about Vietnam home to nearly 50,000 rooftop solar projects
MoIT proposes overhaul of investment framework for power projects
Meanwhile, the sector has become more dependent on imports of raw input material. Viet Nam has had to import coal and soon liquefied natural gas (LNG). By the ministry's projection, the country will have to import up to 60 million tonnes of coal and 12 million tones of LNG in 2030, which puts the country's energy security at risk without careful planning and strategy. … [Read more...] about MoIT proposes overhaul of investment framework for power projects
Ministry proposes overhaul of investment framework for power projects
The minister said his ministry had been working on a power development plan for the country which outlined steps to be taken to address these issues including increased efforts to attract FDI investment and seeking government support for BOT projects. The plan is to be submitted to the Prime Minister no later than this October. … [Read more...] about Ministry proposes overhaul of investment framework for power projects
Some 500 households receive compensation for Long Thanh airport project
A resident affected by the Long Thanh airport project receives compensation. The government of Long Thanh District of Dong Nai Province has spent VND950 billion on compensating 500 households – PHOTO: VNA HCMC – Up to now, the government of Long Thanh District of Dong Nai Province has spent VND950 billion on compensating some 500 households affected by the Long Thanh Airport project. … [Read more...] about Some 500 households receive compensation for Long Thanh airport project
