The transition towards a circular economy offers $4.5 trillion in economic opportunities globally by reducing waste, stimulating innovation, and creating employment, according to UNDP's representative.
The aim is to increase the province’s waste treatment capacity and reduce its environmental footprint while protecting residents from health risks associated with untreated waste.
With an estimated capital expenditure of up to $10 billion and a capacity of 3.5 GW, La Gan is one of the first large scale offshore wind projects in Vietnam.
With a potential capacity of 3.5 GW, the La Gan offshore wind project in Binh Thuan province is one of the first large scale offshore wind projects in Vietnam.
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The “new normal” stage requires companies to fully focus on people aspect, to understand employees deeply, to share the same DNA with them, to find the right person more than right skills, and to grow the right quality more than to mine the right capacity.
The international visitor volume through Vietnam’s airport has declined sharply because of the outbreak of coronavirus.
Vietnam is outperforming its regional peers in terms of exports and can further count on more FDI to come as the result of the ongoing US-China trade tensions. And it all now depends on whether the country is equipped with appropriate capacity to absorb such FDI inflows.
Vietnam has a rather similar export manufacturing capacity with China and this is helping the nation take over some of China’s key export items to the US as the US-China trade war is escalating, according to Fiingroup.
Hotel pipeline in Hanoi and Ho Chi Minh City is expected to accelerate in the next three years, helping ease supply shortage amid rising demand from international tourists, according to CBRE.
The instant coffee factory of Japan-backed Marubeni Corporation has a capacity of 16,000 tons per year.
Nearly 50 solar power projects are expected to be put into operation this June, boosting the total solar power capacity in Vietnam to 5,000MW. The challenges now linger with the capability of the national grid to handle the additional power.
Vietnam, and Southeast Asia at large, can only expect to see a wide-scale divergence of supply chains coming should there be improvements in production technology and capacity, and regional integration, according to HSBC.
TH Group is putting in place another high-tech dairy farm project in Thanh Hoa province, which will be home to over 20,000 cows and a processing plant with designed capacity of 300 tonnes of milk a day.
The solar power complex in Ninh Thuan province features three plants with total capacity of 330MWp.
