Baker McKenzie’s managing partner Frederick Burke and special counsel Nguyen Thanh Hai The contents of the decision circulated on January 21 is in draft form, while final contents are subject to further reviews by the Ministry of Industry and Trade (MoIT), and consultations with other relevant ministries before the prime minister’s final signature. This draft decision would apply the selection mechanism on a long-term basis. Bidding rounds will be conducted based on a so-called Renewable Energy Development Plan formulated by the MoIT for each 5-year period. A more specific plan will be circulated on a biannual basis. The main investor selection mechanism is a so-called “competitive selection of investors based on project location”, which means that: (i) project location will be chosen/determined by the governmental authorities; and (ii) investors must submit bids to compete for securing the project development right at that pre-selected project location. Under this draft decision, the bidding mechanism would be conducted at the local level by provincial-level people’s committees, rather than by the MoIT at nationwide level. As regards power sale/purchase price, the current draft provides that the ceiling price will be subject to a specific pricing framework, which will be prepared and issued by the MoIT on a biannual basis. In addition, the draft decision proposes detailed regulations on eligibility requirements for investors participating in this mechanism, bidding procedures and requirements for selected investors. Notably, it also makes a reference to a model power purchase agreement (PPA) template, but as the full text of such template has yet to be completed, it remains uncertain as to whether there would be any or significant improvements to the risk allocation and bankability of this proposed template for new renewable energy projects under this reverse auction mechanism. The prime minister’s draft decision includes a bidding …
Minister of planning and investment nguyen chi dung
VIETNAM NEWS HEADLINES FEB. 28
Vietnam has no COVID-19 case to report on February 28 morning Vietnam saw no new COVID-19 case over the past 12 hours to 6am February 28, making the national tally unchanged at 2,432, according to the National Steering Committee for COVID-19 Prevention and Control. Among the total, 1,530 were locally infected, including 837 cases since January 27. A total 1,844 COVID-19 patients have recovered so far, and the death toll remains at 35. Among those still under treatment, 32 have tested negative for SARS-CoV-2 once, 50 twice and 100 thrice. By February 27 afternoon, 10 provinces and cities had gone through 14 consecutive days without new locally-infected cases of COVID-19. As many as 63,054 people who had close contact with confirmed patients or returned from pandemic-hit regions are being quarantine across the country./. First Vietnam medical achievement award calls 16 winners The Voice of Ho Chi Minh City (VOH), the local official radio broadcasting station, together with the municipal Health Department hosted the first Vietnam medical achievement award ceremony on February 26 to honour 16 contributions to the community’s wellbeing in 2020 from across the nation. The contributions were voted by the public from 22 nominations selected by the award’s council of professionals. Three months after its launch, the award received more than 60 nominations from medical facilities nationwide. Among the winners were the work of doctors at the Cu Chi COVID-19 treatment hospital – the first of its kind in Vietnam, and medical staff at the HCM City Centre for Diseases Control. Since the pandemic begin in the country, hundreds of medical workers in Ho Chi Minh City have taken turns to be at the hospital, while preventive medicine workers at the centre have worked day and night on contact-tracing and testing sample collection. Another was the operation that separated 16-month-old conjoined twins – Truc Nhi and Dieu Nhi, with the sisters now able …
“COVID-19 Park” – a message of belief in victory over the pandemic
The park, located at a tourist sculpture tunnel at Tuyen Lam Lake National Tourist Complex, Da Lat city, Lam Dong province, has attracted the attention of locals and tourists from the first days after its launch. It was initiated by Trinh Ba Dung, General Director of the Sculpture Tunnel Tourist Site, who also tells the story of Da Lat's history with a complex of clay sculptures under a 1,200m-long tunnel at Tuyen Lam Lake National Tourist Complex. The park lies under a pine forest canopy. Mr. Dung is also the person that brought the Kilo submarine to the mountain, in the Submarine Tourism Area on the Mountain in Cam Lam district, Khanh Hoa province, with the model of a submarine same shape and size as the Kilo submarine of the army at Cam Ranh Port, by which he hopes to send the message that Vietnam is hospitable, peace-loving and ready to fight to protect the country. “The world has admired Vietnam in its battle against the COVID-19 pandemic. I really appreciate the Vietnamese spirit and the Government's decisive and timely leadership, which has brought about very good results. That helped me form the idea of building this park, thereby, continuing to send the message of a safe and peaceful Vietnam to international friends,” said Dung. Mr. Trinh Ba Dung introduces a model to send the message of "Only leave your house when it is really necessary". On the large steel clock placed at the entrance, each hour is an anti-epidemic measure (keep distance, disinfection, medical declaration, wear face masks etc), essential items for epidemic prevention (field hospitals, disinfection spray, breathing apparatus, communication) and 12 o'clock features the Vietnamese people unanimously joining the Government to repel the epidemic. The number 2021 also communicates a belief in the defeat of the coronavirus. At position 0 (2020) is standing the coronavirus. At number 1 (2021), there is a model featuring medical staff defeating the evil virus and …
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