July 17, 2024
Vietnam’s New Direct Power Purchases Decree: Unpacked
Last week, Vietnam issued Decree 80 creating a mechanism by which private enterprises and power generators can enter into direct power purchase agreements or DPPAs. Exactly how impactful this decree might be, however, is difficult to determine at this early stage with a lot of moving parts and a number of obstacles to be overcome. This article breaks down and puts into context the key components of this new piece of legislation.
Vietnamese seafood-solar firm to invest in Mekong Delta wind energy
Notably, the renewable energy segment is a relatively new growth driver for Sao Mai–Sao Mai only started investing in renewable energy in 2017 when it established Sao Mai Solar. Currently, the firm operates the An Hao Solar Power Plant with a 210-megawatt peak capacity and Europlast Long An Solar Power Plant with a 50-megawatt peak capacity. These projects contribute about 5 percent of Sao Mai’s revenue, however, they account for 20 percent of the firm’s gross profit…
Singaporean CapitaLand planning US$110 million investment in Vietnam industrial land
Of note, foreign businesses have been a key driver for the Vietnamese real estate market this year. From January to June, more than US$2.4 billion worth of foreign direct investment was registered in the sector, a significant jump from US$1.53 billion in the first six months of 2023…
World Bank maintains 5.5 percent GDP growth forecast for Vietnam
This is broadly inline with projections from the IMF in which it forecast 5.8 percent growth back in April and a report from Vietnam’s Institute for Economic and Policy Research which found that Vietnam is unlikely to reach its GDP growth target of 6.5 percent by the end of the year. The institute’s Vietnam Annual Economic Report 2024 instead found that GDP growth is likely to come in around 5.85 percent…
In today’s Vietnam news: More land for Trump golf course, Hanoi metro awarded Vingroup, Rising bank bond interest rates, GE contract stalled power plant
In today’s Vietnam news: MSCI market review, Russia’s Gazprom abandons LNG plant project, Horror movie making warning, Banking risk analysis, Denmark-VN ethanol cooperation, Work
In today’s Vietnam news: Thailand vs Vietnam tourism, India missile purchase final stages, Airport rail connections Long Thanh, BESS development Northern Vietnam, New US
This is an interview with Chris Walker, a Vietnam Sourcing Expert with Vietnam Factory Tours how rising oil prices and the Middle East crisis are
This is an interview with John Gardner, CEO and Founding Partner, at Optimum Hospitality in Ho Chi Minh City. It covers fuel price impacts on:
This is an interview with Dr Nuno F. Ribeiro, Associate Professor, International Tourism & Hospitality Management at Copenhagen Business College, formerly of RMIT Vietnam. It