local wind power tempting despite low incentives

Local wind power tempting despite low incentives

Investors are keeping their faith in Vietnam’s wind power sector, even though it is not taking off due to an unbankable purchase power agreement, seven years after the government released the incentives for wind power projects.
fit rates heat up solar power interest

FiT rates heat up solar power interest

Local and foreign investors are racing to register solar power projects in Vietnam to reap the benefits of the feed-in-tariff of 9.35 US cents, which ends in June 2019. However, the question remains as to how many solar power projects will actually be constructed as the majority of registered projects fail to progress beyond paper plans.
positive reactions to betting change

Positive reactions to betting change

Sports betting is to be legalised in the new Law on Sports and Physical Exercise, setting an agenda for the government to allow for more forms of entertainment in the country. Phuong Thu talked to leaders of betting firms and gaming operators about their opinions on the new regulatory move and how the new law would help Vietnam attract more foreign direct investment capital in the currently-restricted investment business in the country.
power plants win vital waste grounds

Power plants win vital waste grounds

Several build-operate-transfer power projects will not be subject to the strict rule over the required land for waste storage, designed to hold a maximum capacity of two years’ worth of production waste.
posco vst thanh nam group judgement overruled

Posco VST-Thanh Nam Group judgement overruled

The Hanoi People’ Court has announced that it was unlawful for the South Tu Liem Court to dismiss the lawsuit between Posco VST and Thanh Nam on the grounds that the statutory limitation has expired.
motorbike sales hit a red light

Motorbike sales hit a red light

Foreign investors in motorcycle manufacturers witnessed only a marginal increase in unit sales during the year’s first quarter and with Yamaha Motor Vietnam’s reports of unit sales decreasing, concerns are circulating that this market is reaching its saturation point.
aeon mall haiphong le chan to open in 2020

AEON MALL Haiphong Le Chan to open in 2020

AEON MALL's sixth commercial centre in Vietnam, AEON MALL Haiphong Le Chan, started construction on May 13, 2018. The facility is expected to be put into operation in 2020.
power players eye renewable energy

Power players eye renewable energy

Foreign investors already active in the Vietnamese power sector are looking to expand their footprints in the country to create a more stable power supply in the near future, with increased focus on renewable energy.
motorbike labelling debated

Motorbike labelling debated

A new draft circular proposes that all new motorbikes imported into or manufactured in Vietnam must be stamped with energy certificates such as the ones found on most electronic appliances, leading to questions about whether the move will actually support regulators’ environmental goals or just create more paperwork.
vinh tan 1 thermal plant to reduce power thirst in southern provinces

Vinh Tan 1 thermal plant to reduce power thirst in southern provinces

The $1.75-billion Vinh Tan 1 thermal power project, the largest Chinese-invested project in Vietnam, will come into commercial operation ahead of schedule after concerns of potential power shortages in the southern provinces in the time to come.
vietnam hr awards will recognise hr excellence

Vietnam HR Awards will recognise HR excellence

The Vietnam HR Awards 2018 kicked off last week, offering a valuable resource for the local human resources community as the best HR strategies and practices are comprehensively evaluated and awarded.
urc vietnam keen on expanding market coverage in vietnam

URC Vietnam keen on expanding market coverage in Vietnam

In March Filipino firm Universal Robina Corp. brought a new and exciting look to C2 Cool and Clean. On this occasion, Laurent Levan, president and general director of URC Vietnam told VIR’s Phuong Thu about its ambitions in Vietnam as well as their plans in the year ahead.
vietnam determined to cut logistics costs

Vietnam determined to cut logistics costs

Ways to reduce logistics costs in Vietnam were once again discussed at a national conference on April 16, showing the strong determination of the government to increase the competitiveness of the economy.
coffee crisis about carcinogen content

Coffee crisis about carcinogen content

Starbucks in California must now ensure that it provides clear labelling for its customers of a potentially cancer-causing chemical in its coffee following a ruling from a Los Angeles judge, spreading concern for customers worldwide, including Vietnam, and leaving them to wonder if the coffee’s carcinogen warnings will be shared internationally.
vsc posco turns to government in land use quagmire

VSC-Posco turns to government in land use quagmire

One of the leading foreign steel makers in Vietnam, VSC-Posco Steel Corporation, recently filed a complaint with the government concerning the irrational issuance of a land use right certificate by municipal authorities relating to its steel rolling mill project in Haiphong city.