World Bank, GCF provide Vietnam with US$86.3 million to spur energy efficiency investment
The energy efficiency investment need for key industries in Vietnam was estimated at around US$3.6 billion.
The energy efficiency investment need for key industries in Vietnam was estimated at around US$3.6 billion.
The Vietnamese government would continue to put up efforts in revising and improving regulatory framework in order to accommodate fast changes in the field of technology.
Experts have said that Vietnam should further focus on administrative reform and improve the existing legislation framework to boost economic growth this year.
IFC wants to provide large financial packages in both mid- and long-term for Hanoi in waste treatment, transportation and smart lighting.
Hanoi is seeking technical support for its socio-economic development, focusing on urban management, traffic congestion, and climate change.
Vietnam Electricity will conduct price marketization to encourage investment in electricity industry and follow the State-regulated market mechanism.
Vietnam’s good economic performance comes from the resilience of both domestic economy and foreign trade.
The decentralization will make obligations and responsibilities more clear for the new administration model.
A government task force will inspect whether provinces and cities are fulfilling their commitments to investors.
As Vietnam has effectively controlled the Covid-19 pandemic, it witnesses the increasing number of businesses reopening in September-October, bringing the total share of fully opened businesses to 94%.