With just 41.18 percent of allocated funds disbursed as of late October, Vietnam faces strong pressure to accelerate spending on science, technology, innovation, and digital transformation in the remaining months of the year.
The $105-million international syndicated green loan arranged by HSBC will assist the Vietnam Electricity's Northern Power Corporation (EVNNPC) in deploying energy storage systems at 70 existing substations, aiming to enhance load demand response capabilities and mitigate the risk of grid overload.
These projects span from the An Van Duong area to the northern part of the central city, creating opportunities for urban space development and attracting medium to long-term investment capital.
Vietnam Economic Times / VnEconomy presents a report from Dr. Nguyen Thanh Nghi, Member of the Politburo, Secretary of the Party Central Committee, and Chairman of the Central Commission for Policy and Strategy, on Resolution No. 20-NQ/TW on building and developing Vietnam into a strong maritime nation. (*)