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VIETNAM BUSINESS NEWS MARCH 14

VIETNAM BUSINESS NEWS MARCH 14
vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.

Vietnam seeks US investment in renewable energy

The Bac Lieu Wind Power Plant has 62 power turbines with a total estimated capacity of 99MW. (Photo: VNA) At a recent Vietnam-US Business Summit in Hanoi, the VCCI leader said following the orientation, the Vietnam Chamber of Commerce and Industry (VCCI) has introduced its Green Index initiative with support from the United States Agency for International Development (USAID), aiming to promote environmental institutional reform and sustainable investment activities. Cong said he believes that Vietnamese and US enterprises have good chances for successful cooperation in liquefied natural gas, and clean and renewable energy in contribution to the countries’ trade growth and energy security. Director of the Ministry of Industry and Trade’s Department of Electricity and Renewable Energy Hoang Tien Dung noted Vietnam has set a target that by 2030, renewable electricity will account for 45 percent of the national power generation capacity, reflecting its orientation towards renewable en

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