A one-week visit to HCM City from November 23 by executives from eight German wind energy companies will offer the opportunity for wind-power companies in the two countries to build partnerships.
HCM City (VNA) – A one-week visit to HCM City from November 23 by executives from eight German wind energy companies will offer the opportunity for wind-power compani💯es in th⛦e two countries to build partnerships and boost implementation of projects in the sector.
The visiting delegation will meet with local business executives as well as government authorities to forge partnerships.
The German companies will present their products and services to around 100 Vietnamese participants at a one-day conference titled "New chances with the new Feed-in Tariff" on November 23. It references the planned revision to the current feed-in tariff of 7.8 cents per kWh.
Meetings during the conference will enable German and local companies to discuss opportunities for doing business.
A visit to CS Wind Tower in the Phu My Industrial Park I in Ba Ria-Vung Tau province will round off the visit.
The potential for developing wind energy in Vietnam is huge with its more than 3,000km of coastline, a monsoon climate and average wind speed of around 6 m/s, according to the Delegate of German Industry and Commerce in Vietnam, the organiser of the trip.
The Vietnamese Government recognises this potential and aims to significantly increase production of renewables, including wind power.
There are supplementary incentives such as import tax exemption, low land rents, and corporate income tax breaks on offer to enable development of the sector.
The visiting executives are from companies that comprise all aspects of the wind power value chain, including ABO Wind AG, Ammonit Measurement GmbH, Anemos GmbH, Enercon GmbH, leXsolar, Nordex Energy GmbH, SETEC Wind-Power GmbH, and WKA Beton Service.-VNA
The Indonesian government is working to develop wind power plants in an attempt to increase green energy sources while meeting the country’s rising demand for electricity.
Deputy Prime Minister Hoang Trung Hai has urged the Ministry of Industry and Trade to offer investment, tax and price incentives for the development of renewable energy, including solar power.
The Government, relevant departments and sectors should design more policies to support energy access for the poor, a seminar in Hanoi heard on October 30.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Illustrative image. (Source: bizhub.vn)
