Vietnam will not issue licenses to projects that ’waste energy’

Vietnam says it will not issue licenses to foreign-invested projects that “waste energy”, use outdated technology or pollute the environment, according to a statement posted on the government website today.

The government will give licensing preference to high- technology projects and ones that are “friendly to the environment,” the statement said.

Prime Minister Nguyen Tan Dung has ordered ministries and provinces to step-up monitoring of projects to ensure they meet the guidelines, according to the statement. – Bloomberg

Tags: Vietnam energy, Vietnam energy industry, Vietnam Energy sector

Posted by VBN on Sep 21 2011. Filed under Energy, Mining & Metal. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry