India-Vietnam relations have been growing by economic, commercial, and strategic engagements in the past few years thanks to significant contributions from organisations, the business community, and experts. Vaibhav Saxena, a renowned Indian expert, discussed with VIR’s Bich Thuy his special journey in Vietnam and the future economic opportunities between the countries.
As the new laws on investment, enterprises, and public-private partnership investment officially came into effect from early 2021, domestic and international investors are now pinning high hopes on guiding decrees to facilitate their new ventures.
In a virtual ceremony held on July 30, the Indian Business Chamber in Vietnam (INCHAM) signed a contract with the Viet Gia Medical Equipment JSC to purchase one extracorporeal membrane oxygenation (ECMO) machine for installation at the Hospital for Tropical Diseases of HCMC.
Power generation companies and power consumers participating in direct power purchase arrangements are expected to see several new requirements under a draft circular expected this year. Vaibhav Saxena and Nguyen Lan Chi from Vietnam International Law Firm analyse the importance of the new rules to all participants and the power sector.
Supported by the favourable geographical and natural conditions and constrained by the restrictions on thermal power projects in the last few years, Vietnam has been promoting the concept of using liquefied natural gas for power production. Vaibhav Saxena and Tu Hue Anh from Vilaf law firm delve into the opportunities and key obstacles under the new rules.
Vietnam’s upcoming power development plan is set to scale up its trajectory towards clean energy. Experts say the plan’s success will depend on energy planners’ ability to integrate renewables into the power system.
Vietnam is working on a master plan to broaden the development of its airport network by 2030, with a vision towards 2050. As the draft attracts controversial opinions, Vaibhav Saxena and Nguyen Hoang Anh Linh from Vietnam International Law Firm write about international lessons to increase efficiency and investment attraction.