Vietnam’s electricity system currently has a total capacity of about 54,000MW, including renewable energies such as wind and solar. While largely meeting the demand at the moment, the country will need around 130,000MW by 2030, representing a huge challenge for its energy industry as many power projects remain behind schedule and the arrangement of capital sources for implementations of new power sources and grids still faces many difficulties. … [Read more...] about New strategies essential for nation’s energy-saving goals
Cities 100 renewable energy
More than half of HCM City’s power lines to go underground by 2025
After the work is completed, all existing pylons and wires will be removed and the equipment on the electric poles has to be installed down on the pavements, a difficult task since some roads are narrow or have no pavements. … [Read more...] about More than half of HCM City’s power lines to go underground by 2025
VIETNAM BUSINESS NEWS JANUARY 24
Savill Vietnam's spotlight for the second half of 2020 forecast unit prices to benefit further from infrastructure upgrades. Average asking prices have increased 4 per cent per year over the last five years. At the same time, infrastructure development eases living farther out. When complete, the metro and ring roads will see this trend accelerate. The framework for public-private partnerships was simplified in 2020. Political stability and speedier decision-making will see greater spending on key infrastructure projects. The GSO estimates that for every 1 per cent point increase in public investment, GDP will move up 0.06 per cent points. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 24
Indian, VN agree need for enhancing investment, trade ties
Organised by the consulate in collaboration with the Prime Minister’s Advisory Council for Administrative Procedure Reform, the Investment and Trade Promotion Centre of HCM City, and VinaCapital Group, the forum attracted nearly 500 Indian and Vietnamese companies. — VNS … [Read more...] about Indian, VN agree need for enhancing investment, trade ties
Top partners create ecological island
According to the developer, the island’s natural topography is divided into six sub-islands by using various canals allowing for enhanced privacy and security. Song Tien has used this advantage endowed by nature to develop a peaceful and poetic living space, with the intelligently designed master plan making sure that every villa maximises its views of the natural splendor. … [Read more...] about Top partners create ecological island