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PM hails role of Vietnam Bank for Social Policies in poverty reduction | Business - Vimarsana News

PM hails role of Vietnam Bank for Social Policies in poverty reduction | Business

Addressing a meeting of standing Government members on March 3 in Hanoi on a draft decision revising regulations for the settlement of debts facing risks at VBSP and a draft resolution on financial regulations for the Vietnam Oil and Gas Group (PetroVietnam), the PM stressed that policies on poverty reduction, which play a major part in the Party and State’s guidelines, contributed to bringing down the rate of poor households to 2.7 percent from over 30 percent in 2000. The Government leader also underlined that poverty reduction is a requirement for sustainable development, demonstrating V...

Funding for Battery Storage and Smart Grid Market up 112% Compared to 2019 - Vimarsana News

Funding for Battery Storage and Smart Grid Market up 112% Compared to 2019

(Credit: Pixabay) Total corporate funding (including venture capital funding, public market, and debt financing) for the Battery Storage, Smart Grid, and Energy Efficiency sectors in 2020 was up by 112%, with $8.1 billion compared to $3.8 billion in 2019. That’s according to a new report from Mercom Capital Group. Global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in 2020 was 12% higher with $2.6 billion compared to $2.3 billion raised in 2019. Battery Storage Total corporate funding in the battery sto...