GWEC urges Vietnam to extend wind energy scheme

Vietnam is the fastest-growing wind energy market in Southeast Asia, with 500MW of onshore and offshore installed capacity, and an additional 4GW due to be connected by 2025. Liming Qiao, Asia director of the Global Wind Energy Council, told VIR’s Nguyen Thu how Vietnam’s feed-in tariff scheme, which has fuelled the wind industry’s development, must be urgently extended to maintain investor appetite and avoid a bust scenario.

Sustainable business development: 2 immutable factors and the 3+3+3+1 formula

Through an interview with Vietnam Business e-magazine on the topic of sustainable development enterprises overcoming challenges, Mr. Nguyen Quang Huan, Vice President of Vietnam Private Business Association (VPBA), Chairman of HALCOM Vietnam Jsc.,  emphasized the importance of 2 immutable factors and the 3+3+3+1 formula.

Strong and proactive response to Covid-19 pandemic

Through an interview with VN Business Forum magazine, Mr.Nguyen Quang Huan, Vice Chairman of VN Private Business Association, President of Halcom VN Jsc. shares his opinions on the serious effects caused by the Covid-19 pandemic to the economy, some bright spots of private enterprises in this tough time and effective measures to support this business sector.

Wind energy investment: Enterprises need support from the Government

According to Mr. Nguyen Quang Huan, Vice Chairman of Vietnam Private Business Association, President of Halcom Vietnam Jsc., together with representatives of wind power associations, wind power investors in Vietnam are facing many difficulties: The deadline for FiT price is October 30, 2021, while the Covid-19 pandemic situation is still complicated, countries’ borders are still closed, enterprises suffer seriously. Investors need support from Government for a stable & long-term policy and more quickly project approval process.