However, the purchase price of electricity from grid-connected solar power projects with planning and commercial operation dates before January 1, 2021 with the total cumulative capacity of not more than 2,000 MW in the southern province of Ninh Thuan – a solar power hotspot – will be entitled to a preferential price of 2,086 VND (9.35 US cents) per kWh. … [Read more...] about New tariff scheme approved to encourage solar development
Experts warn that businesses suffering the most may not be able to access the VND285 trillion aid package because they cannot prove solvency. BIDV, one of the four state-owned banks, or the ‘big four’, reported that it has disbursed VND28 trillion out of VND120 trillion it committed to lend. The amount to be disbursed depends on the enterprises’ absorption capability. … [Read more...] about Who can access low-interest credit packages?