The Vietnamese government does not interfere with the banking system to provide preferential loans to state-owned enterprises (SOEs), the Ministry of Finance has clarified.
The internal rate of return (IRR) of power factories’ electricity generation must not exceed 12%, according to a draft circular issued by the Ministry of Industry and Trade on the formula used to determine electricity generation prices.
It is unlikely that offshore wind power and LNG-fired power projects become operational before 2030, said Hoang Tien Dung, head of the Electricity & Renewable Energy Authority.
The Ministry of Industry and Trade has emphasised the significance of China implementing a ruling on the third-party inspection of apparel products, particularly as exports to the market continue to decline.