Renewable energy is cheaper than fossil fuels

Speaking at a meeting held on January 13 to review the industry and trade sector’s performance last year and set tasks for this year, Nguyen Phuong Dong, the department’s deputy director, said: “In 2020 city enterprises restructured their production to make it market-oriented. The city’s industrial sector shrunk by 4 percent last year due to the impact of the COVID-19 pandemic. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 17

He also asked Binh Phuoc to pay greater attention to links in development, regional connectivity, and infrastructure connectivity. As an important part of the new economic corridor, lying in the middle of the southeast and Central Highlands regions and with Thailand and Cambodia as neighbours, Binh Phuoc should turn its Hoa Lu border gate into a connection point for international tourism routes. … [Read more...] about VIETNAM NEWS JANUARY 17

EVN needs to prioritize energy efficiency together with reasonable import and export of power in national programs, Mr. Dung said, adding that the group should be active in recommending plans for electricity generation and transmission to ensure sufficient energy for socio-economic development, defense and security. … [Read more...] about Vietnam to launch competitive retail electricity market in 2023

National Assembly Standing Committee in yesterday meeting decided to postpone voting on the proposed environment protection tax hike. — VNA/VNS Photo Viet Nam News HÀ NỘI — The National Assembly (NA) Standing Committee postponed a vote on a proposal made by the Finance Ministry to hike the environmental protection tax yesterday, urging serious consideration of its economic impacts. … [Read more...] about NA Standing Committee delayed voting on environmental tax hike proposal