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The Vietnamese government has been requested to issue a decree encouraging rooftop solar development, with implementation of unlimited capacity requirements contingent upon advances in storage tech and investment initiatives.
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Vietnam is accelerating the greening process to adapt to new conditions of sustainable development, but more incentive is still needed for some businesses.
Gender equality is one of the priorities of the German government’s development cooperation and foreign policy. Santiago Alonso Rodriguez, first counselor for Germany in Vietnam, offered more details on the issue with VIR’s Hai Van.
The latest e-Conomy Southeast Asia report “Reaching New Heights, Navigating the Path to Profitable Growth” sheds light on the digital economy in the region. Marc Woo, managing director for Vietnam at Google Asia-Pacific, spoke with VIR’s Hai Van about the findings.
Investment in timber is needed to offset sluggish demand in the sector, according to industry insiders.
Promoting a green hydrogen ecosystem has the potential to annually contribute over $40 billion to GDP and generate over 40,000 jobs for the Vietnamese economy.
Vietnam could realise its goal of becoming a significant source of rare earths for the global market, if rules on extraction and refining are made more suitable.
The establishment of the country’s first carbon credit trading floor demonstrates proactive adaptation of international environmental rules, but current policy may impede Vietnam’s market growth process.
Generative AI applications have huge potential to revolutionise working practices across public and private sectors across Vietnam, according to a Google conference held last week.
Data from the Ministry of Industry and Trade (MoIT) shows that exports of cinnamon and star anise have increased steadily over the past few years, reaching a value of $276 million last year. However, this figure remains modest when compared to the overall global market, as the cost of production, storage, and transportation remain major obstacles for local businesses when exporting medicinal herbs.
On September 29, the Stavian Quang Yen Petrochemical Plant project officially received the technology transfer licences for petrochemical technology to produce polypropylene (PP) resins from Quang Ninh Department of Science and Technology.
Many manufacturers in Vietnam are to face more challenges in reporting total verified greenhouse gas emissions of goods exported to the EU.
Ba Ria-Vung Tau province needs a complete trade and logistics ecosystem to improve connectivity with the southeastern region.
Maintaining low electricity prices is the main reason behind the supply and demand pressure, which hinders investment in the energy sector and the shift to green economy.
As Vietnam faces the prospect of a coal shortage and the challenges of securing supply, more actions are needed to ensure a long-term coal supply for power generation.