Catching up with the green energy transition trend
In the context of the world facing many challenges regarding climate change and energy security, reducing the use of fossil energy and accelerating the development of renewable energy create many new opportunities for businesses to participate more deeply in the global supply chain.
The transition to renewable energy production and use will bring good opportunities for Vietnam. If Vietnam can master the technology, it will help it become a centre for energy transition in Southeast Asia. Therefore, it is necessary to have a long-term strategy in developing localisation and removing procedural bottlenecks, including simplifying and accelerating the licensing process for renewable energy projects to attract investment; devising more incentive mechanisms and clear guidelines for businesses investing in energy infrastructure such as stations and transmission lines to participate; increasing green credit limits for businesses; etc
Minh Dung
