General Electric marks long-term Viet Nam vision (26-07-2008) HA NOI — US-based General Electric (GE), the global technology, media and financial services company opened the first ‘GE Day’ in Viet Nam on the occasion of the 15th anniversary of GE’s presence in the country, yesterday in Ha Noi. "We are proud of our 15 years of successful operation in Viet Nam. The country is playing a central role in GE’s growth strategy in the region, which made GE decide to bring our key event - GE Day - to the country for the first time," said Ferdinando Nani Beccalli-Falco, President and CEO of GE International. "GE Day Viet Nam cements GE’s commitment to contribute a long-term perspective to the development of Viet Nam," he added. During the day, GE also exhibited advanced technologies and machines in energy, security, aviation, health care, transportation, water, industrial, oil and gas as well as financial services. About 400 clients attended the exhibition. GE … [Read more...] about General Electric marks long-term Viet Nam vision
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BUSINESS IN BRIEF 16/4
Poultry breeding heats up again General manager CP Vietnam Montri Suwanposri said that Vietnam’s poultry prices are closer with prices of other countries; accordingly, CP Vietnam will sell chicken to Japan after finishing paper works as per the partners’ requirement. Montri Suwanposri added that C.P in Thailand is the leading firm exporting chicken meat to Japan for years with the quantity of five million a week. There has been an increase in poutry meat orders lately because many countries banned import chicken from Brazil , an exporter of chicken to Japan, after food safety scandal. These countries switched to import chicken meat from Asian countries especially Thailand. At present, prices of poultry in hi-tech farms in Vietnam is similar to chicken prices in other Asian countries, accordingly, C.P Thailand will share its orders with Vietnamese firms and C.P Vietnam has planned to sell chicken meat to Japan in 2019. In 2017, Vietnam’s livestock sector marked its … [Read more...] about BUSINESS IN BRIEF 16/4
Right policy sought to attract renewable energy investors
Right policy sought to attract renewable energy investors Tu Hoang HANOI - Vietnam needs to adopt appropriate policy and incentives to attract large investments to maximize the benefits of renewable energy, heard a workshop in Hanoi on Tuesday. The workshop on renewable energy development in Vietnam was organized by the General Department of Energy under the Ministry of Industry and Trade, and the UN Development Program (UNDP). Pham Trong Thuc, director of the renewable energy office under the General Department of Energy, told the workshop that the Renewable Energy Development Strategy aims to make renewable energy account for 32.3% of total energy consumption by 2030. The strategy is expected to enable Vietnam to reduce greenhouse gas emissions by 25% in 2030, Thuc said. Most households will have access to modern, sustainable and reliable energy services with reasonable prices in 2030. Thuc stressed priority will be given to proven technologies in the renewable energy fields, … [Read more...] about Right policy sought to attract renewable energy investors
Renewable energy- Viet Nam’s power future
(CPV) - The Viet Nam’s renewable energy has tremendous potential. Right national policies and incentives would enable and encourage large investments to fully maximize and deliver on the promise and co-benefits of renewable energy. This was agreed by participants in a workshop on renewable energy development in Viet Nam, organized by the General Department of Energy under the Ministry of Industry and Trade, and the UN Development Programme (UNDP) on May 24th 2016. During the workshop, Mr Pham Trong Thuc, Director of Renewable Energy Department under the General Department of Energy, presented the Renewable Energy Development Strategy, which aims to achieve 32.3 percent of the renewable energy share in total primary energy consumption by 2030 and to enable Viet Nam reduce greenhouse gas emission (as co-benefit) by 25 percent in 2030. Most of households will have access to modern, sustainable and reliable energy services with reasonable prices in 2030. According to Mr Thuc, focus … [Read more...] about Renewable energy- Viet Nam’s power future
GE to drive wave of solar investment in Vietnam
Paul English, executive, GE Power Conversion Asia told Van Mai that GE, the world-leader in industrial power and a pioneer of green and sustainable solutions, is capitalising on this momentum with a plan to provide a complex package of essential solutions to Vietnam’s new solar investors. Foreign investors are excited to build solar power plants in Vietnam following the issuance of Decision No.11/2017/ND-CP in April, which fixes the solar feed-in-tariff at 9.35 US cents/kilowatt-hour. What opportunities do you see for solar equipment suppliers in Vietnam?Vietnam has a well-developed grid infrastructure, but until very recently, a lack of feed-in tariffs (FiT) held back solar development, despite the country enjoying some of the highest levels of sunshine in the world. The recent decision is essential to boost solar growth and meet the country’s burgeoning energy demand.Through the use of technology and adapting strategies to suit customers’ growing list of … [Read more...] about GE to drive wave of solar investment in Vietnam