Deregulation to heat up Vietnam's solar sector, other renewables
HO CHI MINH CITY -- A new rule is set to unleash a surge in solar and wind energy in Vietnam, where companies from Apple to H&M are increasingly looking to switch their supply chains to renewable power.
Under the so-called Decree 80 regulation issued last week, the communist country is allowing businesses to buy renewable energy from producers instead of relying on state monopoly Vietnam Electricity for power.