domestic carmakers jostling with competition from imported brands

Domestic carmakers jostling with competition from imported brands

Three months after ending the preferential policy of 50 per cent reduction in registration fees for domestically-assembled cars, the volume of imported cars to Vietnam has increased sharply.
new energy tie ups lean to greener business ambitions

New energy tie-ups lean to greener business ambitions

Foreign investors are increasing activities in renewable energy in Vietnam through new tie-ups, with a focus laid on self-use electricity due to the country’s global commitments to a greener future.
developing a robust circular economy through the best practices of denmark

Developing a robust circular economy through the best practices of Denmark

A circular economy can help achieve sustainable development goals, effectively tackling climate change and mitigating the negative impacts on the environment. Carsten Baltzer Rode, deputy head of Mission at the Embassy of Denmark in Vietnam, talked to VIR’s Huong Thuy about the practical experiences from Denmark in regards to circular business development.
turbine leaders take choppy waters into account

Turbine leaders take choppy waters into account

The world’s biggest wind turbine makers are garnering lower profits in the context of the global energy crisis in Europe and uncertain policies in many other regions.
solutions for developing circular businesses

Solutions for developing circular businesses

On August 19, the Ministry of Planning and Investment's Central Institute of Economic Management (CIEM) in collaboration with the Embassy of Denmark held the launching workshop report on The Circular Business Model: International experience and application in Vietnam.
dong nai powering up transmission grid development

Dong Nai powering up transmission grid development

Concerted efforts are gearing towards clearing the hurdles facing power transmission projects in the southern province of Dong Nai.
euro dollar parity threatens the nations exports

Euro-dollar parity threatens the nation’s exports

The parity of the Euro with the US dollar is causing some headaches for Vietnamese exporters, even though various importers are likely to reap more benefits.
domestic solar panel groups remain overshadowed

Domestic solar panel groups remain overshadowed

Although the United States has frozen tariffs on Vietnamese solar panels for the next two years, the influx of cheap Chinese goods means there may not be enough domestic companies to take advantage of it.
solar self users seeking parity

Solar self-users seeking parity

A chasm between mechanisms and inconstant guidelines in localities is making it difficult for developers to install rooftop solar power for self-use.
grand energy aims require direction

Grand energy aims require direction

In order to realise its climate pledges, Vietnam is looking into alternative energy sources, but the sluggish development of the nation’s key power development plan is likely to keep its ambitions out of reach.
investors clamour for wind incentives

Investors clamour for wind incentives

Developers and investors are asking for incentives for the first step instead of a bidding mechanism to develop offshore wind power projects in Vietnam, in order to reach the target of 7GW of offshore wind power by 2030.
supporting action to curb plastic pollution

Supporting action to curb plastic pollution

Vietnam is promoting economic restructuring in association with the development of a green and circular economy. Vu Minh Ly, deputy director of the Communication Centre for Environmental Resources at the Ministry of Natural Resources and Environment, talked with VIR’s Phuong Thu about the efforts in terms of reducing plastic waste for sustainable development.
investors getting on board the lng train

Investors getting on board the LNG train

Liquefied natural gas-to-power remains an important part of Vietnam’s energy transition story, and investors – both local and international – continue to demonstrate a strong interest in the sector.
steelmakers deny advantage from anti dumping fix

Steelmakers deny advantage from anti-dumping fix

South Korean group Posco VST, which owns the biggest cold rolling steel plant in Vietnam, is likely to gain benefits from anti-dumping measures on some cold-rolled stainless steel products – however, both the company and the Ministry of Industry and Trade have denied a monopolitic stance in the market.
bia saigon special retaining unparalleled quality

Bia Saigon Special: retaining unparalleled quality

With the beverage giant’s never-ending attempts to gratify customers in an ever-changing economic and cultural environment for drinkers, SABECO is on pace to make substantial breakthroughs with product innovation and transformation for the future.