The USAID project comes at a right time as Vietnam is working hard to meet energy demand which is increasing by 10% annually,

The 154 trade probes against Vietnamese goods are initiated in 19 countries and territories, including the US with 30 cases, Turkey with 21, India with 20 and the EU with 14, among others.

In 2019, the combined value of Vietnam’s top 50 most valuable brands reached over US$9.3 billion, according to Forbes Vietnam’s ranking.

This resulted in Vietnam importing an average of 9,230 cars per month and over 300 cars per day, and car imports of nearly US$1.75 billion during the period, up 250% year-on-year.

The auction aims to balance the development of solar farms in the country, avoiding overload of the power transmission network in the central region.