Thu. May 26th, 2022

Denmark is seeking measures to boost its investment in green energy in
Vietnam as only a few of local businesses are operating in this field,
Danish Ambassador John Nielsen told reporters at a conference in Ho Chi
Minh City on June 27.

He said the price of
electricity in Vietnam is too low in comparison with the world’s
average level so it is difficult for foreign investors to fix a price
that is suitable to the market.

He suggested the Vietnamese Government expand policies to lure foreign investors in the realm.

Denmark has facilitated 300 pilot projects for over 150 long-term
Vietnamese partners since its 74-million-USD business support programme
was launched in Vietnam in 1997.

Vietnam is one
of the countries successfully implementing the programme, which focuses
on renewable energy, energy efficiency, environmental sanitation, waste
treatment, food, healthcare, and education, he said, adding that Denmark
will continue the programme in the country with an annual aid of
between 5-7 million USD.

The ambassador further
said that his country will offer official development assistance (ODA)
totalling 90 million USD for Vietnam in the 2014-2015 period.

At present, more than 130 Danish businesses are investing in Vietnam
, mainly in information technology, food, and pharmaceuticals.-VNA

By vivian