Out of a total $12 billion financial commitment for energy transition projects in Việt Nam, HSBC has so far executed transactions accounting for approximately 22 per cent.
The research and development of technology in Việt Nam''s wind and solar power sectors are being actively encouraged and supported, according to a recently issued government decree.
To attract investments in offshore wind power, the ministry proposed an exemption of marine area use fees during construction and a 50 per cent reduction in fees for the 12 years after operations begin.
