The plan was issued by the Ministry of Industry and Trade and was designed to tackle the issue of over production that surfaced in Central Vietnam several years ago. Said over production, however, was more the result of projects being approved outside of the plans and policies that were in place for solar power development. Specifically, the Government Inspectorate found that the Power Development Plan 7 had set out to see 850 MW of solar power by 2020, however, a total of 168 solar projects with a total capacity of 14,707 MW were approved in that time…

Vietnam records win for R&D with new Motorola facility in HCMC

the-shiv June 8, 2024

Back in 2019, Vietnam issued Decree 13/2019/ND-CP, which was designed to drive investment in research and development. To do this, it offered tax breaks, preferential loans, and reductions in land and water fees.

Vietnam e-commerce traders struggle to profit on Amazon: state media

the-shiv June 8, 2024

A recurring theme in the local media has been the challenges local firms face accessing markets overseas. More free trade agreements should, and does, mean greater market access in other parts of the world, however, in most developed markets quality requirements are much higher than they are in Vietnam. Whereas this does incentivise local producers to improve the quality of their products, improving the quality of their products comes at a financial cost…