bet88 slotEnergy industry receiving more foreign attention

The number and role of non-State enterprises bet88 slot the energy industry are increasing, the “Improving the role of private investment bet88 slot green development bet88 slot the period of 2021-2030” conference, held on November 3 by the Central Institute for Economic Management (CIEM) and the German Corporation for International Cooperation (GIZ), heard.

A CIEM report shows that the number of foreign firms bet88 slot Vietnam’s energy industry has increased greatly, from 69 bet88 slot 2010 to 777 bet88 slot 2019.
The proportion of non-State enterprises rose from 59 per cent to 94.8 per cent during the 2010-2019 period.

Total investment by non-State enterprises has increased steadily thanks to the FIT (feed-bet88 slot tariff) price policy. Capital going to renewable energy bet88 slot 2019 was up 27-fold compared to 2010, from VND166 billion (.3 million) to VND4.49 trillion (7.44 million).

bet88 slot contrast to strong capital growth, the revenue of non-State enterprises is not commensurate with the number of enterprises bet88 slot the industry, especially bet88 slot the energy sector. The revenue structure accounted for only 20.3 per cent bet88 slot 2010, 17 per cent bet88 slot 2015, and 29.4 per cent bet88 slot 2019; significantly lower than the State sector.

bet88 slot addition, according to Mr. Ho Cong Hoa, Deputy Director of the Social Affairs Research Department at CIEM, the scale of non-State enterprises is getting smaller and is already smaller than State-owned enterprises.
Meanwhile, mechanisms and legal corridors to mobilize private investment for green growth are unstable and complex, while completing legal procedures take a long time.

bet88 slot order to attract all private investment resources to invest bet88 slot green growth bet88 slot the 2021-2030 period, especially bet88 slot the field of renewable energy, CIEM believes that many solutions need to be implemented.