Nation lacking coal supply for sufficient power generation

Nation lacking coal supply for sufficient power generation

Vietnam is in the midst of a major coal shortage due to falling imports, rising energy demand, and transmission limitations, with the issue not only deepening risk of power shortages this summer but also affecting economic recovery.
Special summit underlining ASEAN’s importance to US

Special summit underlining ASEAN’s importance to US

The 2022 US-ASEAN Special Summit will take place in Washington on May 12-13, demonstrating the US’ long-term commitment to countries in the region. Vu Tu Thanh, deputy managing director for the US-ASEAN Business Council, shared with VIR’s Hai Van the highlights of the summit to address pressing problems in the region.
Transforming energy in the race against climate change

Transforming energy in the race against climate change

Vietnam has set itself ambitious goals when it comes to climate neutrality, yet current schemes are being deemed insufficient by energy experts, who are now recommending following Europe’s framework for energy transition and carbon neutrality.
Investors tip-toeing around real estate risk

Investors tip-toeing around real estate risk

Vietnam is moving towards developing a balanced capital market and reducing the pressure on capital supply for banks – a process that requires dealing with internal problems such as corporate bond issuances as well as land-right auctions.
Jackpot industrial zone deals there for the taking

Jackpot industrial zone deals there for the taking

In March, Savills brokered a 55-year long-term land lease between Fuchs, one of the world’s largest lubricant manufacturers, and Phu My 3 Industrial Zone in the southern province of Ba Ria-Vung Tau.
Exports struggle to make British dent

Exports struggle to make British dent

After the initiation of a trade deal between the United Kingdom and Vietnam, hopes of quick profits for many of the latter’s exporters have been dashed as industries continue to get to grips with implementation.
Petrol prices pressure inflation

Petrol prices pressure inflation

Inflationary pressure in Vietnam is increasing as local petrol production falls below expectations which, in turn, is affecting the consumer price index and putting pressure on macroeconomic stability.
Fresh collaborations emerging in wood and timber industry

Fresh collaborations emerging in wood and timber industry

Growth in Vietnam’s wood and timber industry is under threat of stagnation, but the establishment of inter-regional timber centre could help coordinate input supply and diverse order fulfilment.
All factors to consider in power tariffs

All factors to consider in power tariffs

As Vietnam’s central electricity company has been assigned with the creation of a new average retail price for power, experts demand a more inclusive approach to its calculation as previous models had not considered certain factors.
Inland container depots bringing profound change to Vietnamese logistics industry

Inland container depots bringing profound change to Vietnamese logistics industry

Amid increasingly expensive rates for road transport, Vietnam’s inland waterways offer a cost-effective alternative that could further be fuelled with the right approach, furthering the nation’s approach for a comprehensive seaport ecosystem.
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