The Ministry of Industry and Trade has recently issued Circular 16/2017/TT-BCT on project development and the model purchase contract for solar power projects. Accordingly, the grid connected solar power investment projects are regulated as follows: – The investor can only set up a solar power investment project included in the provincial and national level solar-power development plan; or provincial and national power development plan that are approved. – The contents of the solar power investment project must comply with the regulations on m…
The data has recently been published by the Foreign Investment Agency (Ministry of Planning and Investment) showed that FDI disbursement continued to achieve an impressive growth of 9.1% to set a new record with disbursed capital of 19.1 billion USD. Three consecutive years of setting new record of disbursing foreign direct investment (FDI) has affirmed that Vietnam continues to be an attractive investment destination. Only in the last 3 years, the amount of disbursed foreign investment has reached more than 50 billion USD (17.5 billion USD – …
The Board of Directors of Thailand’s Super Energy Corporation Company Limited (Super Energy) in late March 2020 sent a letter to the Thai Securities Commission announcing the decision to spend 456.7 million USD to set up business in Binh Phuoc, specifically into 4 solar power plant projects, including Loc Ninh 1 (200 MW), Loc Ninh 2 (200 MW), Loc Ninh 3 (150 MW) and Loc Ninh 4 (200 MW) in Binh Phuoc province (Vietnam). Previously, when approving this investment in the meeting on March 25th 2020, the Board of Directors of Super Energy stated t…
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