Vietnam to further delay rules for multi-billion-dollar wind power - business group

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

HANOI : Vietnam may not have a legal framework to regulate offshore wind farms until next year, a European Union business representative said on Thursday, a delay that could stall billions of dollars of foreign investment in the sector.Vietnam has big offshore wind power potential given the strong winds a

HANOI : Vietnam may not have a legal framework to regulate offshore wind farms until next year, a European Union business representative said on Thursday, a delay that could stall billions of dollars of foreign investment in the sector.

Its approval has been repeatedly delayed. It could now be further postponed, Minh Nguyen, vice president of the European chamber of commerce in Vietnam, told a conference on Thursday. That is despite EU companies' pressure for swift regulatory progress, according to public recommendations and an internal document about this week's meetings seen by Reuters.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines