Cambodia's big bet on the dirtiest fossil fuel faces major delays
Large projects are facing long delays amid uncertainty over foreign funding.
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Large projects are facing long delays amid uncertainty over foreign funding.
Most of the promised plants still aren’t built, as volatile fuel prices and the push for clean energy threaten the future of coal
Việt Nam always values France’s role and voice on the international stage, as well as bilateral cooperation at multilateral forums, he said, adding that Việt Nam actively supports France’s initiatives and ideas aimed at contributing to maintaining peace, cooperation and development in the region and the world.
VinaCapital, an asset management group in Vietnam, and GS Energy, a South Korean company, have inked an MoU with Export-Import Bank of Korea to facilitate the financial development of the Long An I and II liquefied natural gas power plant projects.
Associate Professor Dr. Trần Đình Thiên, former Director of the Việt Nam Institute of Economics, highlighted the need to closely follow the market-based principles in deciding electricity prices, noting that encouraging low-priced electricity means promoting backward industrial development.