HCM CITY TO BUILD SEVEN NEW LOGISTIC CENTRES
The southern economic hub of Ho Chi Minh City will build seven new logistic centres from now to 2025, the municipal People’s Committee said on July 3. They include the Hi-Tech Park in Thu Duc ciy, Cat Lai, Long Binh, Linh Trung, Cu Chi, Hiep Phuoc, and Tan Kien. Besides, the city will also call for investment to four out of the seven logistics centres.
RENEWABLE ENERGY INVESTMENT CHALLENGES IN VIETNAM: RISKS AND DELAYS
Vietnam's renewable energy sector is facing significant challenges, leading to concerns among investors and potential risks of bankruptcy. The director of the Legislative Institute, Nguyen Van Hien, highlights the abrupt shifts in renewable energy investment policies as a major contributing factor to these issues.
VIET NAM EXPECTED TO EMERGE AS A PROMINENT LOGISTICS PLAYER IN ASIA
Việt Nam’s logistics industry is gaining recognition in the global market, with growing expectations that it will emerge as a “rising star” in Asia. This is due in large part to the country’s efforts to develop its supply chain industry and benefits from ‘China plus’ sourcing strategies of major multinational manufacturers.
PDP8 OFFICIALLY AUTHORISED: 2050 APPROACH
The objective of the Power Development Plan VIII (PDP8) is to aggressively develop renewable energy sources for electricity generation. By 2050, the proportion of renewable energy is projected to have reached 67.7-71.5 per cent.
HIGH COSTS SETBACK TO GREEN TRANSITION IN MARITIME TRANSPORTATION
High costs are putting obstacles in the way of ocean carriers trying to go green, heard a seminar on sustainable maritime transporation last week. A representative from the Vietnam Maritime Corporation (VIMC) said the Carbon Intensity Indicator (CII) measures how efficiently a vessel transports goods and passengers.
LONG AN - DESTINATION FOR LOGISTICS PROJECTS
Long An is located adjacent to Ho Chi Minh City, a bridge between the Southern Key Economic Region and the Mekong Delta. The province has 37 industrial parks (ranked 5th in the country by number, 13th by FDI value and 3rd by domestic investment value), a border gate economic zone and an international port.
IMPROVING BANKABILITY OF PPP PROJECTS IN VIETNAM
In recent years, many Public-Private Partnership (PPP) projects in transportation, energy, and other infrastructure sectors in Vietnam have failed to secure financing from commercial banks and other lenders. The lack of interest from lenders and financiers in these PPP projects has raised important questions about the bankability of projects procured under a PPP model.
MEKONG DELTA NEEDS $4B TO IMPROVE INFRASTRUCTURE TO MITIGATE CLIMATE CHANGE
The proposal was made by the ministries of Transport and Agriculture and Rural Development and 13 localities (including 12 provinces and Cần Thơ City) at the first meeting of the Steering Committee for Sustainable Development Projects in the Mekong Delta to respond to climate change organised in Cần Thơ last weekend.
