With a potential capacity of 3.5 GW, the La Gan offshore wind project in Binh Thuan province is one of the first large scale offshore wind projects in Vietnam. Copenhagen Infrastructure Partners (CIP), on behalf of its fund CI New Markets Fund I, together with Asiapetro and Novasia Energy, has signed a memorandum of understanding […]
Read MoreDeveloping ecological industrial real estate is a new direction for the central city of Danang in its strategy to attract investment into high-tech projects, with many companies interested in large-scale logistics projects manifested by the upcoming Lien Chieu deepwater port. According to Pham Truong Son, director of Danang High-Tech Park and Industrial Zones Management Authority, […]
Read MoreVietnam’s Ministry of Industry and Trade recently issued Circular No.18/2020/TT-BCT which provides regulations on the development of solar power projects to guide the prime minister’s Decision No.13/2020/QD-TTg issued in April on the incentive mechanism for solar power development in Vietnam. Circular 18 became effective from last month and superseded the previous Circular 16 on the […]
Read MoreThere are some 50,000 operational rooftop solar projects around Vietnam with a combined capacity of about 1,200 MWp, Electricity of Vietnam (EVN) has revealed. Hanoi – There are some 50,000 operational rooftop solar projects around Vietnam with a combined capacity of about 1,200 MWp, Electricity of Vietnam (EVN) has revealed. Of these, 25,700 with 758.2 […]
Read MoreThe first two projects at the IP are in garment and textiles invested by companies of Hong Kong and Taiwan (China). Both of them will apply advanced and environmentally friendly technologies. Covering an area of more than 31ha, the first project has investment of more than 200 million by Top Textile from Hong Kong (China). […]
Read MoreChief Representative of the Japan External Trade Organization (JETRO) in Ha Noi Takeo Nakajima stated that the Foreign Direct Investment (FDI) poured into Viet Nam will be soon recovered as the COVID-19 pandemic is put under control. Takeo Nakajimamade that statement at the Viet Nam-Japan investment matching seminar on September 9. The FDI capital flows […]
Read MoreThe outbreak and resurgence of Covid-19 in many countries has affected the import of raw materials for industrial production, and Vietnam’s processing and manufacturing industries are no exception. Concern over lack of orders According to the Ministry of Industry and Trade (MoIT), in the first seven months of 2020, the index of industrial production (IIP) […]
Read MoreThe EU currently is the second largest export market for Vietnamese coffee, after the United States, accounting for more than 42 percent of total export volume. Economists predict the EU-Vietnam Free Trade Agreement (EVFTA) will help increase Vietnamese coffee’s share in the EU market. The EVFTA applies zero-percent taxes to Vietnamese coffee exports to the […]
Read MoreAs a means of compensating for a drop in export orders due to the impact of the novel coronavirus (COVID-19) epidemic, several local textile and garment businesses are striving to seize upon opportunities brought about by the EU-Vietnam Free Trade Agreement (EVFTA) Vietnam raked in US$19.2 billion from exporting garments and textiles during the opening […]
Read MoreThe Covid-19 pandemichas been influencing the decisions on expanding investment of foreign enterprises in Vietnam. Talking with reporters of Customs Newspaper, HONG SUN, Vice President of the Korean Chamber of Commerce and industry in the South & Middle of Vietnam (KORCHAM) said foreign enterprises in Vietnam still need to expand investment, so it is necessary […]
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