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Day: August 31, 2023

Electricity purchase prices to be higher in low-sun areas: MOIT

The Ministry of Industry and Trade has floated the idea of paying different prices for renewables produced in different regions, according to VN Express. Essentially the argument is that to encourage the development of solar projects in areas where there is less sun, power generators should be paid more. Eds

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Key Apple supplier to boost investment in northern Vietnam

BYD Electronics will invest a further US$183.7 million in its operations in Phu Tho province in the north of Vietnam, according to The Investor. The company currently assembles tablets for Apple and makes components for camera drones in the area. About 70 kilometres from Hanoi, Phu Tho forms part of

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Amazon exec on utilising the platform as an export avenue in VN

The unique characteristics of a product, the ingredients, and environmentally friendly packaging are key details Vietnamese vendors should communicate on Amazon, according to Gijae Seong, head of Amazon Global Selling Vietnam, via an interview by The Investor. Seong says that often local firms tend to overemphasise the product as ‘made

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Why it’s hard for Vietnamese SMEs to access credit

Of Vietnam’s small-to-medium enterprises (SMEs) only  30 percent have ready access to credit, whereas the remaining 70 percent have difficulty borrowing or no means to borrow at all, according to Doanh Nhan Saigon. Citing ‘experts’ the publication lists a lack of: financial infrastructure, collateral, product variety, diversity in credit institutions,

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