Renewable energy: the future of power for Vietnam Environment

Renewable energy: the future of power for Vietnam

Vietnam could meet its long-term energy demands by adding renewable energy sources and cutting-edge battery storage technologies to its arsenal of solutions, experts said at a two-day international conference on renewable energy that ended on April 4 in HCM City.

More investment needed for rural development

Although investment in agriculture and rural areas has improved remarkably in recent years, the number of projects and the volume of investment capital in this sector are still less than in other economic sectors.

According to the Foreign Investment Agency under the Ministry of Planning and Investment (MPI), in 2008, the agro-forestry-fisheries sector attracted 45 new projects with a combined investment of over 252 million USD; accounting for 3.8 percent of all projects and 0.42 percent of newly registered investment. The respective percentages for the first eight months of the year were 2.57 percent and 0.46 percent.