Vietnam’s energy sector has a substantial task ahead of it in ensuring that power supplies are commensurate with growing demand during the country’s new era of development.
A recent Vietnam Economic Times / VnEconomy forum was among the best opportunities for stakeholders to comment and contribute opinions on substantive revisions to the Law on Petroleum and later, the amended law was passed by the National Assembly on August 23.
Vietnam is poised to capitalize on the burgeoning global Halal market but stringent certification requirements, lack of awareness, and fierce competition count among the challenges.
Representatives from foreign business at a VnEconomy forum on green energy said Vietnam needs to deliver certainty about its energy market to encourage FDI while taking full advantage of international financial mechanisms.
Within the framework of the Summer Economic Roundtable 2024, co-hosted by the Party Central Committee’s Economic Commission and Vneconomy / Vietnam Economic Times in Hanoi on July 11, Mr. Dau Anh Tuan, Deputy General Secretary of the Vietnam Chamber of Commerce and Industry, tells VET’s Vu Khue about the challenge of creating a foundation for rapid and sustainable economic growth and highlighted some changes in the near future.
The livestreamed Summer Economic Roundtable 2024, co-hosted by the Party Central Committee’s Economic Commission and Vneconomy / Vietnam Economic Times in Hanoi on July 11, heard recommendations from representatives of State management agencies and business associations as well as other stakeholders on addressing the “bottlenecks” hampering growth in the time ahead.
There is much to like about Vietnam’s first-half economic performance, and while concerns remain there is momentum in place for continued growth over the remainder of 2024.