Local electricity officials, related firms and international experts discussed a suitable legal framework to develop a smart grid and electricity system in Viet Nam in Ha Noi on November 21.
Viet Nam needs to focus on developing the wind power industry and implementing transparent policies on granting investment licences to wind power projects.
Delegates at a workshop asked for more specific procedures for small
wind power projects, longer validity for investment and generation
licences, and a stricter Standard Power Purchase Agreement (SPPA) from
Viet Nam Electricity (EVN).
In the first such initiative, the Directorate of Fisheries and six other
members signed an agreement yesterday on Public Private Partnership
(PPP) in the fisheries and aquaculture sector with the aim to support
sustainable development in this sphere.
Germany will support Viet Nam''s wind power development with a budget of
up to 6.9 million euros this year through the German Federal Ministry
for Economic Cooperation and Development.
Central Da Nang City received the Transformational Business Award 2015 -
Excellence in City Transformation at the Transformational Business
Conference and Awards 2015 in London, the United Kingdom, last Friday.
The State Securities Commission (SSC) and the German Federal Enterprises
for International Co-operation, better known as GIZ, will collaborate
to develop a green capital market.
The Government needed to develop a policy that encouraged investment in
wind power projects in order for the sector to progress, according to
Germany''s GIZ Macroeconomic Reform Programme.