BCG targets 31.1 per cent growth in after-tax profit in 2020 Bamboo Capital JSC has set revenue and after-tax profit targets of VNĐ1.913 trillion (US$82.2 million) and VNĐ184.2 billion ($7.9 million) this year, 24 per cent and 31.1 per cent higher than last year.

HCM City targets 1,000 MWp of rooftop solar power at industrial zones by 2024 HCM City aims to have 1,000 MWp of rooftop solar power capacity installed by 2024 in its industrial parks, export processing zones and high-tech parks, up from 700MWp now.

Renewable energy sector faces obstacles Việt Nam’s energy sector is on the right track developing and using clean and renewable energy, but there are still obstacles ahead to ensure a greener power supply, experts said.

Thermal, nuclear power key to Việt Nam’s energy security: expert Dr Nguyễn Mạnh Hiến, former head of the Energy Institute under the Ministry of Industry and Trade, talks to Hải Quan (Customs) newspaper about Việt Nam’s energy security.

Households, businesses receive financial support for solar power systems

Several financial incentives are being offered for households and businesses in HCM City to install rooftop solar power systems.

More rooftop solar projects for HCM City The new electricity prices included in the Government Decision No 13 (valid from last week) and the electricity purchasing contract form are expected to promote investments on rooftop solar projects in HCM City.

Preferential programme promotes solar power The HCM City Power Corporation Corporation under Viet Nam Electricity (EVNHCMC) is co-operating with suppliers to carry out preferential programmes to encourage enterprises and individuals in the city to use solar power.

New tariff scheme approved to encourage solar development The Government has officially decided to approve a new feed-in-tariff mechanism to encourage development of solar power in Việt Nam.

More than 24,300 rooftop solar projects installed

More than 24,300 rooftop solar projects have been installed this month, with a total capacity of 465.8 megawatt peak (MWp).

ADB loan to unlock long-term financing for solar power in Việt Nam The Asian Development Bank (ADB) signed a US$37.8 million loan deal with TTC Energy Development Investment Joint Stock Company (TTC Energy) to provide long-term financing to develop and operate a 50-megawatt (MW) photovoltaic solar power plant in the southern province of Tây Ninh.