rising arguments related to the implementation of decree 116

Rising arguments related to the implementation of Decree 116

The issuance of Decree No.116/2017/ND-CP expresses the determination of the Vietnamese government to provide stable, synchronous, and long-term policies to develop the automobile industry. However, importers have a lot to say on the implementation of Decree 116.
law to seek keen green investment

Law to seek keen green investment

Vietnamese authorities have started developing specific guidelines for selecting investors to develop renewable energy projects under their management, weeding out weak investors and out-of-date technology.
long an power centre hits delays

Long An power centre hits delays

The southern province of Long An will put constraints on the technology used in the estimated $5 billion Long An power centre project, even asking the plant for a total fuel source changeover from coal to natural gas in the wake of environmental concerns.
with chinese competition new glass licences on hold

With Chinese competition, new glass licences on hold

With the Vietnamese glass market experiencing severe oversupply, new glass projects will not receive licences in the country.
government slashes 675 business conditions under moit management

Government slashes 675 business conditions under MoIT management

Prime Minister Nguyen Xuan Phuc has signed a decree to remove 675 out of the 1,216 business and investment conditions under the management of the Ministry of Industry and Trade as the ministry proposed to improve the legal system as well as the investment and business environment.
japanese giant joins hands with alpec to tap into growing elevator market

Japanese giant joins hands with Alpec to tap into growing elevator market

Japan’s second largest group, Nidec Group, joined hands with Vietnam's leading elevator and escalator firm Alpec to meet the growing demand for elevators in Vietnam and centralise control over product safety and quality.
vietnam breaks export growth record in 2017

Vietnam breaks export growth record in 2017

From textile and garment to mobile phones, Vietnam's 2017 export-import picture was bright with a record $425 billion.
textile industry dyeing for capacity

Textile industry dyeing for capacity

Leading Taiwanese apparel maker Eclat Fabrics has requested permission to increase dyeing production capacity in its Ba Ria-Vung Tau factory from 10 per cent of the factory’s output to 100 per cent, amid concerns from local authorities regarding the risk of adverse impacts on the environment of the Thi Vai River.
jcci opposes rules on used machinery

JCCI opposes rules on used machinery

A draft amendment of the Ministry of Science and Technology’s Circular 23 on the required quality of used machine imports has come under fire for not amending the ‘rigid regulations’ which place difficulties on enterprises.
direct ppas spark renewable energy

Direct PPAs spark renewable energy

To attract investment in the renewable energy sector, the Ministry of Industry and Trade has confirmed that a mechanism to allow businesses to buy power at competitive prices from renewable energy generators will be piloted in 2018.
foreign players are rushing to vietnams lucrative solar market

Foreign players are rushing to Vietnam’s lucrative solar market

After the government’s Decision No. 11/2017/QD-TT on supporting the development of solar power was issued in April, Vietnam witnessed a trend of successfully registered and licensed projects, though challenges still await potential investors. Nguyen Duong Tuan, CEO of SolarBK, the only Vietnamese firm invited to the Future of Energy Summit, talks with VIR’s Phuong Thu about SolarBK’s ambitions in Vietnam.
vestas and tan hoang cau sign mou aims to accelerate wind farm development

Vestas and Tan Hoang Cau sign MoU aims to accelerate wind farm development

Danish wind turbine manufacturer Vestas and locally-invested Tan Hoang Cau signed a turbine supply contract for the 30MW Huong Linh 1 wind farm as well as a Memorandum of Understanding (MoU) for the pre-development of three other wind projects.
smart industry world 2017 to shape vietnamese smart industry

Smart Industry World 2017 to shape Vietnamese smart industry

Held for the first time in Vietnam, Smart Industry World 2017 saw the participation of state management bodies, researchers, experts, and the business community to discuss future orientations and methods to attract investment and develop the Vietnamese smart industry.
bot power projects gain momentum

BOT power projects gain momentum

Two foreign-invested build-operate-transfer thermal power projects – Japanese firm Sumitomo Corporation’s Van Phong 1 and Malaysian firm Toyo Ink Group Bhd’ s Song Hau 2 – have registered positive movement.   
samsung elevates 29 vietnamese vendors to tier 1 supply chain

Samsung elevates 29 Vietnamese vendors to tier-1 supply chain

Samsung completed the consultation programme for 12 enterprises in 2017 and has achieved the target of 29 Vietnamese businesses becoming Tier-1 vendors by the end of the year.