Launch of nigerias energy transition plan

JAKARTA/HANOI -- Just Energy Transition Partnership (JETP) discussions on the early retirement of coal-fired power plants in Indonesia may have hit a snag as a local official said on Monday that western countries are not ready to finance such projects. JETP, a financing scheme made up of equity investments, grants and concessionary loans from members of Group of Seven (G7), multilateral banks and private lenders, is aimed at helping developing nations accelerate their shift towards cleaner energy sources in the power sector and cut reliance on dirty fuel such as coal. South Africa was the first country to reach a deal under the JETP, securing a $8.5 billion financing pledge in 2021. Indonesia secured $20 billion and Vietnam $15.5 billion in deals struck in late 2022. Here's an update of JETP's progress in Indonesia and Vietnam. Indonesia Indonesia had planned to announce in August its investment plan for the funds pledged under JETP, but it has since delayed the … [Read more...] about Indonesia, Vietnam energy transition financing under JETP

Keijo Norvanto, Ambassador of Finland to Vietnam On behalf of the Embassy of Finland to Vietnam and the Finnish business communities in Vietnam, I would like to congratulate Vietnam Investment Review on its 32 nd anniversary. I would like to express our appreciation to the VIR editors and its dedicated and talented reporters for their continuous work, introducing the Vietnam business environment and opportunities to Finnish businesses. Moreover, VIR ’s continuous cooperation with us provides the audience with Finnish experiences and know-how in education, circular economy, and other advanced technologies. The Vietnamese government committed to net-zero by 2050 and recently joined the Just Energy Transition Partnership declaration that aims to contribute to Vietnam’s sustainable development. In that, Finland possesses globally competitive technology and expertise in many areas, which will help Vietnam achieve the country-set targets. Additionally, our proven … [Read more...] about Defining the role of the press in business

Thanh Tung dropped his major in marketing after pursuing it for a year and realizing it was not the right path for him. But for several months after switching majors, he’d been suffering from anxiety and insomnia over the decision. "I went to bed late, woke up at around 3-4 a.m., and could not go back to sleep until the morning. I had negative thoughts and cried a lot." The young man said he worried that his new major was just another "wrong decision." He felt like he didn’t have the energy to do anything other than lie down and surf his social media feeds. But this habit only compounded the problem from another angle. "Seeing so many talented people around my age on social media made me feel inferior," he said. "I felt like no matter what I do, I would never be as successful as them." Other aspects of his life had also been affected, including his relationships. Just a delay in the speed of his girlfriend’s text message replies made him wonder if she was tired of him or had … [Read more...] about Vietnamese youth suffer from overthinking, anxiety