Legal support forum seeks way to develop renewable energy in Ho Chi Minh City

The Vietnam International Arbitration Centre, in coordination with the Investment & Trade Promotion Centre of Ho Chi Minh City, held the second semester of the Investment Legal Support Forum 2024 under the theme ‘Attracting investors to renewable energy and promoting green economic growth in Ho Chi Minh City’.
Vice Chairman of the Ho Chi Minh City People's Committee Vo Van Hoan speaking at the forum
Vice Chairman of the Ho Chi Minh City People's Committee Vo Van Hoan speaking at the forum

Speaking at the forum, Vo Van Hoan, Vice Chairman of the Ho Chi Minh City People's Committee, emphasised that technological transformation must be integrated with energy transformation, adding that the city targets to develop a sustainable economic development model in line with international trends.

According to Dr Tran Du Lich, Vice President of the Vietnam International Arbitration Centre, the framework for the renewable energy sector in Vietnam has not yet been completed, and the lack of regulations and guidelines has increased the risk of disputes, thus causing concern for investors.

Therefore, he expected the city authorities would work closely with the business community to find the key to the problem.

The forum featured reports presented by investors and experts, as well as dialogues between investors and the local authorities regarding the implementation of renewable energy projects.

NDO