US semiconductor firms express $8B interest in Vietnam's clean energy investments, contingent on progress in renewable energy rules.

Fifteen US companies, including semiconductor firms, have expressed interest in investing $8 billion in Vietnam in clean energy infrastructure, contingent on the country's progress on renewable energy rules, a senior US official said. Vietnam is seeking to attract chipmakers and wants to boost its renewable energy sector, but it has so far struggled to adopt rules that would allow the expansion of its solar and onshore wind industry and the development of offshore wind farms.

January 26, 2024
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