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.
Vietnam’s Ministry of Industry and Trade (MOIT) has proposed an almost 38% reduction on the feed-in-tariff for rooftop solar power projects, shedding light on Vietnam’s overcrowded solar power market.
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.