Hanoi, Feb. 27 -- Vietnam should work to remove obstacles that have hindered private investment in the energy sector, a push to achieve double-digit economic growth target, according to insiders. Dr. Nguyen Sy Dung, Former Vice Chairman of the National Assembly's Office, said that for every 1% increase in GDP, electricity production by grow by 2%. The Politburo established a framework for private participation with the issuance of Resolution 55-NQ/TW on February 2020, outlining Vietnam's energy development strategy until 2030 with a vision to 2045. The resolution underscored encouragement and facilitation of conditions for all economic sectors, particularly the private one, to engage in the nation's energy development. Other legislations ...
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