APAC Country Focus: Renewable Energy in Vietnam
About this event
Event Details
Date :23 June 2020
Timing : 16:00 - 17:20 Kuala Lumpur/Singapore Time, 09:00 - 10:20 London, BST
Cost : EIC Members FOC
Non Member MYR100
Webinar Platform: GoToWebinar (joining instructions will be emailed to registrants after booking online is completed)
Overview
Vietnam has one of the fastest-growing, most vibrant economies in all of Asia. Over the past ten years, economic growth has been second only to China and GDP has been doubling every ten years since 1986. In the second quarter of 2010, Vietnam recorded GDP growth of 6.4%, almost back to the levels achieved before the global economic downturn. Vietnam is projected to be among the Top 20 economies in the world and top 10 in Asia by 2050 (PWC).
Since the country began its transition from central state control to a market-orientated economy in 1986, Vietnam has experienced sustained economic growth and is now classed as a middle-income country. Vietnam scored a growth rate of 7.1% in 2018, highest rate in 10 years. Vietnam’s economy growth is forecast at 6.5%p.a. for the next 3 years.
In other words, now is a great time for UK businesses to be considering Vietnamese markets.
This EIC LIVE E-vent, in collaboration with Department International Trade UK (DIT) Vietnam will discuss the market opportunities from developers and market leaders, provide insight on how to do business in Vietnam, and how the UK can offer its strong capabilities and expertise in renewable energy to help Vietnam achieve government targets. Vietnam’s government announced last month a dramatic reduction in its coal-fired power plant development plans, pivoting towards a greater focus on wind and solar.
Areas of Discussion
-What is the current update on the coronavirus situation in Vietnam?
-How is the market outlook on the Renewable Energy in Vietnam, especially Wind Energy?
-What are the current and future supply chain opportunities in the Renewable sector
-What are the latest government policies and targets across the renewable sector?
Agenda
16:00 Welcome Introduction and Housekeeping Announcement
Faazila Sadik – Asia Pacific Event Manager, EIC
16:05 Opening Remarks
Stuart Broadley, Chief Executive Officer, Energy Industries Council (EIC)
16:10 Welcome Remarks
HE Gareth Ward, British Ambassador to Vietnam
16:15 Renewable Project updates and Opportunities in Vietnam (15mins)
Farhana Borhanudin - Regional Analyst Asia Pacific, EIC
16:30 Overview on the Wind Energy in Vietnam (15mins)
Denzel Eades- Co-Founder and Managing Director, Pioneer International Consulting
16:45 Thang Long Offshore Wind Project and Supply Chain Requirements (15mins)
Ian Hatton - Chairman & Founding Director, Enterprize Energy
17:00 Q&A Session (30mins)
Moderated by Azman Nasir, Asia Pacific Regional Director, Energy Industries Council (EIC)
Guest presenters will include Vuong An (An) and Nguyen Thi Phuong Nam (Nam), Trade Managers from Department International Trade (DIT) in Vietnam
17:20 Webinar ends
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Bookings closes at 8PM Malaysia Time on Monday 22 June 2020
(After booking online, GoToWebinar joining instructions will be emailed to delegates in due course)For Further Reading:
Viet Nam's Economy to Remain One of the Fastest Growing in Asia Despite Sharp Slowdown Due to COVID-19Vietnam: Government and institution measures in response to COVID-19.