Vietnam to eliminate subsidy for fossil fuel by 2020
Vietnam will off the best possible conditions for businesses to become involved in greenhouse gas emissions and eliminate subsidies for fossil fuel by 2020.
According to the Ministry of Natural Resources and Environment, businesses will play an important part in helping Vietnam realize its climate change commitments.
The country is encouraging businesses to develop renewable energy with incentives in solar and wind power generation.
Pham Van Tan, Deputy director of the Hydro-meteorology and Climate Change Department said, “There are many options to reduce greenhouse gases, which will reduce investments and increase effectiveness. Loans from international financial institutions for high-carbon production so businesses involved in this area should be self-supported.”
VOV
PM demands special mechanisms for Noth - South high-speed railway project
Listening, solving problems, supporting enterprises to develop
Bau Bang district Association of Women coordinates to introduce and connect OCOP
Towards sustainable economy
Provincial Trade Union supports VND53billion, 100 tons of goods for flood and storm-hit people
Supporting enterprises in promoting automation
New motivation for Thuan An city to develop
Taking advantage of new opportunities in investment attraction
Training course on labor hygiene and safety opens to tens of enterprises
The defense of trade in Binh Duong to assist enterprises downturning challenges
