The Ministry of Planning and Investment has released the latest draft Law on Public-Private Partnerships in a move to make a fresh shift towards a specific and consolidated framework for bankable projects. Vaibhav Saxena and Nguyen Thi Phuong, lawyers at Vietnam International Law Firm, delve into how the new regulations in the draft law can make a positive impact on investors.
Vietnam’s new Law on Enterprises has a number of aspects which are expected to make strong positive impacts on businesses. Vaibhav Saxena from Vietnam International Law Firm analyses how the improvements will improve business activities.
Highly volatile prices will make LNG power plants more costly and unpredictable to operate in emerging economies such as Bangladesh, Pakistan and Vietnam, says an energy think tank. This bolsters the case for a pivot to renewables.
Despite gaining licences years ago, a number of foreign-invested projects valued at billions of US dollars continue to lag behind schedule, with no solutions yet available for them to get out of the impasse.
In 2021, Vietnam needs 450,000 IT professionals, but the filled positions currently only reach about 430,000, according to TopDev’s Vietnam IT market report. This creates a huge gap between the demand and supply. Meanwhile, some businesses are facing difficulty recruiting Indian IT engineers because Covid-19 prevents travelling. Vaibhav Saxena, Chairman Vice of Indian Business Chamber in Vietnam shared some thoughts on the shortage and proposed solutions.