In terms of lending, there has been limited lending from international banks given the bankability challenges in relation to the PPA for renewable projects. Existing lenders to renewable projects include Vietnam Bank for Agriculture and Rural (Agribank); Asian Development Bank (ADB); EKF, the Danish Export Credit Agency; Vietnam Development Bank (VDB); Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank); Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank); Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank); Joint Stock Commercial Bank for Investment & Development of Vietnam (BIDV). … [Read more...] about Vietnam’s renewable energy: Key guidance to investors
Power vs energy
The talks in Hanoi on September 30 between Vietnamese Deputy PM and Foreign Minister Pham Binh Minh (second, right) and UK First Secretary of State and Secretary of State for Foreign, Commonwealth and Development Affairs Dominic Rabb (second, left) (Photo: VNA) … [Read more...] about Vietnam, UK issue joint declaration on strategic partnership
According to Park Jong Sun - Chief Representative of KTO in Vietnam, 2020 has been a difficult year for the global tourism industry; tourism agencies are all severely affected. Therefore, events promoting MICE tourism are expected to be activities to promote and help revive the tourism market in the current period. In the coming time, the KTO will promote tourism promotional activities in Vietnam to re-promote the market and accompany travel agencies right after opening international tourism. … [Read more...] about VIETNAM NEWS NOVEMBER 27 (updated hourly)
It is important to note that this was already happening, but the trade war accelerated the process. Dustin Daugherty, head of North American Desk for Dezan Shira & Associates, said “Even prior to the start of the US-China trade war and more recently the outbreak of the Covid-19 pandemic, Vietnam offered the most cost-competitive China alternative for general manufacturing in Asia. … [Read more...] about How US investors’ positive sentiment towards Vietnam grows stronger?
The benchmark index showed signs of its recent growth momentum slowing down this session, continuously fluctuating above and below the 1,000-point mark. However, buying pressure on the market’s blue chips in the final hour of trading helped the index post its s eight consecutive gaining session. … [Read more...] about VN-Index crosses 1,000-point threshold after long year