July 12, 2011
The Vietnamese government will provide subsidies to wind power projects and make purchases at fixed prices as it strives to develop the renewable energy industry. Â A decision approved by the Prime Minister on June 29 requires the country’s power monopoly Electricity of Vietnam (EVN) to buy all the power output of wind power [...]
Tags: According, Cents, Cents Kwh, Cents Per, Cents Per Kilowatthour, decision, In Vietnam Would, investors, Lao dong, Of Wind Power, Per Kilowatthour, plant, power, Power Plant, Power Projects, price, projects, Renewable Energy, Report:, subsidies, The Decision, The Lao, The Lao Dong, Under The Decision, Vietnam, Wind Power, Wind Power Plant, Wind Power Projects
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February 28, 2011
Red tape and a lack of funding have reduced Vietnam’s first national heritage village to a decaying tourist trap while officials near Hue argue that stalled preservation plans should be abandoned in two villages Harvest day in Duong Lam Village Six years ago, the people of Duong Lam Village had the esteemed honor of [...]
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January 3, 2010
Two workers at a bridge construction site in Ho Chi Minh City. Bouncing off an emerging global recovery, Vietnam expects positive economic changes in 2010, specifically export and foreign direct investment (FDI) growth. Policy makers, however, are still weary of the many challenges the developing country faces, not the least of which is the threat [...]
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December 14, 2009
In an effort to push economic recovery and sustain macro-economic stability, the Government has pledged to continue offering subsidies at a rate of 2% per year . . . Subsidies will be offered to long- and medium-term Vietnamese currency loans taken out of commercial banks for the purpose of funding agriculture and forestry, fisheries, the [...]
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December 3, 2009
The State Audit Office of Viet Nam conducted financial audits of 133 major State-owned enterprises during 2006-08 and unearthed nearly VND6.6 trillion . . . By signing futures contracts for fuel during 2008-09, Jetstar Pacific Airlines had already lost over $31 million due to the plunging price of oil on the world market.Among the enterprises [...]
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November 25, 2009
The U.S. Commerce Department on Tuesday announced its decision to set final countervailing duties (CVD) on imports of the 2.6 billion dollar oil country tubular goods (OCTG) from China. The department said in its final determination that it found Chinese producers/exporters of OCTG have received net countervailable subsidies ranging from 10.36 to 15.78 percent, which [...]
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November 1, 2009
The government has decided to continue smaller stimulus measures next year to ensure stable economic growth, an official said. After considering the possible impact of further fiscal stimuli on the economy, the government agreed to launch another package next year, Nguyen Xuan Phuc, chief of the Government Office, told a press conference in Hanoi on [...]
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October 29, 2009
Garments machinery, accessories on show in HCM City; Sacombank Securities prepares for IPO; Vietnam, France entrepreneurs boost cooperation Over 60 companies from 14 countries and territories worldwide are displaying their machinery and accessories that are used in the garments and textiles industry at an exhibition in Ho Chi Minh City. The exhibition, known as AAMA-TEX [...]
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October 28, 2009
LookAtVietnam – Sentiment on whether to extend the stimulus in some way seems about evenly divided. We survey recent opinions. The 2009 stimulus package, valued at $8 billion in additional spending, featured tax exemptions, reductions and deferments for businesses, increased bond sales, and an interest rate subsidy program. It is widely credited with enabling Vietnam to [...]
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October 23, 2009
Huynh Ngoc Dang, a legislator representing Binh Duong Province, speaks at a house session Thursday Lawmakers called into questioned the effectiveness of the governmentâs fiscal stimulus package on Thursday, calling for a comprehensive review of the package before any plan for further stimulus. National Assembly representative Nguyen Ngoc Hoa from Ho Chi Minh City told [...]
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