1.5-mln enterprise target unfeasible: legislative economy committee

By Anh Minh   October 13, 2021 | 12:46 pm GMT+7 VNExpress1.5-mln enterprise target unfeasible: legislative economy committeeA worker manufactures face masks at a factory in Hanoi. Photo by VnExpress/Ngoc Thanh

The government’s target of having 1.5 million enterprises by 2025 seems unattainable, National Assembly’s Committee on Economy has said.

The government’s plan to restructure the economy in 2021-25 includes a target of 60,000-70,000 small- and medium-sized enterprises by that year, and the private sector contributing some 55 percent of GDP.

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Investment in coal-fired power to dry up as world seeks to go green

By Anh Minh   October 13, 2021 | 12:33 pm GMT+7 VNExpressInvestment in coal-fired power to dry up as world seeks to go greenWorkers fix electric cables in District 1, Ho Chi Minh City. Photo by VnExpress/Thanh Nguyen

Vietnam will find it hard to mobilize foreign funding for coal-fired electricity plants because many nations have vowed to step up environmental protection.

Most of the investments in coal-fired electricity plants in Vietnam in 2015-21 came from China, South Korea and Japan, but the three countries have now pledged to stop investing in such power stations, Mark Hutchinson, chairman of the Southeast Asia Task Force, Global Wind Energy Council (GWEC) Asia, said at an online conference on finance for energy projects on Monday.

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