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.