At the start of the year, two Japanese groups, Mitsubishi Corporation and Nomura Real Estate Co., Ltd, announced plans to co-operate with Vinhomes (a subsidiary of Vingroup) to develop the second phase of the Grand Park urban development area, located in District 9 of Ho Chi Minh City. The two groups acquired an 80 per cent majority share in a $908 million joint venture to develop 21 residential towers in Vinhomes Grand Park, providing more than 10,000 apartment units. … [Read more...] about Firm appeal for Japanese developers
Mid term evaluation
In the letter sent on Tuesday, it said: “Investors of the projects that have been granted investment certificates have spent a lot of time and money on planning, site clearance, preparations for construction and technical design evaluation. Not getting a PPA is an unwanted issue,” adding the previous regulation would slow down a project of those without a PPA. … [Read more...] about MoIT no longer keen on bidding mechanism for solar power price
The money tussle, hard-fought at the best of times, is especially problematic this time around because of Britain's departure from the EU. The "Brexit gap" caused by the loss of the UK's contribution is 75 billion euros (US$81 billion) over the 2021-2027 period. … [Read more...] about EU leaders to face off in ‘very tough’ budget summit
Le Bach Quang, who was a member of the Executive Board of the KC.10/16-20 Program on developing modern technologies to serve health care, said that racing against the clock in producing such test kits, units need to be assigned to implement the task. They will not have to follow all of the procedures as currently applied. … [Read more...] about Covid-2019: what can Vietnam’s scientists do?
According to the Politburo, Vietnam is facing challenges in meeting national energy security targets and still has to import energy due to insufficient domestic supplies. Many power projects have been delayed and several projects invested by State-owned enterprises have incurred losses while the efficiency of energy exploitation remains low. … [Read more...] about Vietnam encourages private investment in energy: Politburo