Download or read book Assessment of Power Sector Reforms in Viet Nam written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-09-01 with total page 139 pages. Available in PDF, EPUB and Kindle. Book excerpt: Viet Nam envisions a completely competitive power sector in the long term, including full wholesale and retail competition. To attain this goal, it unbundled its power sector's monopoly structure and instituted institutional, regulatory, and pricing reforms. Although considerable progress has been made, implementation has not been expeditious, with the government still retaining a strong vested ownership and management interest in the power sector. Further restructuring is needed to ensure complete independence of the system players and to attain pricing transparency. In this country report, the Asian Development Bank assesses Viet Nam's experience in reforming its power sector for insights that other Asian developing economies could find useful when pursuing their own power sector planning and policy and strategy formulation.
Download or read book Viet Nam written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-12-01 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest energy sector assessment, strategy, and road map for Viet Nam highlights energy sector performance, major development constraints, and government development plans and strategy. The report highlights previous support from the Asian Development Bank (ADB) and other development partners, and ADB's future support strategy in Viet Nam's energy sector. The assessment, strategy, and road map will add on to ADB's 2016–2020 country partnership strategy for Viet Nam. The report also provides energy sector background information for ADB investment and technical assistance operations.
Download or read book Assessment of Power Sector Reforms in Asia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-07-01 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines three economies in different parts of Asia---Georgia, Sri Lanka, and Viet Nam---that introduced power sector reforms in recent years to create a commercially viable and efficient power sector. Each took a different route in moving away from a monopoly state-owned utility toward the common goal of a competitive, market-based, and better-regulated power sector. This report documents the broad spectrum of their power sector reform efforts, experiences, and relative successes as well as shortfalls, then uses international standard indicators to assess their economic, social, and environmental outcomes. Other economies should be able to draw valuable lessons and insights from this report for their own power-sector planning and policy and strategy formulation.
Download or read book Review of Power Sector Reform Issues in Viet Nam written by Brian J. M. Quinn and published by . This book was released on 1998 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Integrating Strategic Environmental Assessment into Power Development Planning in Viet Nam written by Asian Development Bank and published by Asian Development Bank. This book was released on 2018-12-01 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication presents the integration of a Strategic Environmental Assessment (SEA) in the revised Power Development Plan VII of Viet Nam. It demonstrates how incorporating an SEA into the planning process will produce plans that are based on a more thorough understanding of their implications for the economy, society, and environment of the country. Viet Nam's revised Power Development Plan VII is a model of good practice in integrating an SEA in the preparation of a strategic plan for the power sector of other countries, particularly in the Greater Mekong Subregion.
Download or read book Assessment of Power Sector Reforms in Georgia written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-07-01 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reforms pursued by Georgia in recent years have made its power sector commercially viable as well as more efficient and reliable. Now unbundled and largely privatized, the former state monopoly has developed an operational wholesale market and has made great progress in making its operations and system pricing more efficient. However, it still lacks independent regulatory competence and pricing transparency, and it remains vulnerable to external supply shocks, having to balance shortfalls in domestic hydropower generation with fuel imports for its power stations and with gas imports for its thermal plants. This country report assesses the reform efforts and experiences of Georgia’s power sector for lessons and insights that other economies could find useful in their own power sector planning and policy and strategy formulation.
Download or read book Rethinking Power Sector Reform in the Developing World written by Vivien Foster and published by World Bank Publications. This book was released on 2019-12-05 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the 1990s, a new paradigm for power sector reform was put forward emphasizing the restructuring of utilities, the creation of regulators, the participation of the private sector, and the establishment of competitive power markets. Twenty-five years later, only a handful of developing countries have fully implemented these Washington Consensus policies. Across the developing world, reforms were adopted rather selectively, resulting in a hybrid model, in which elements of market orientation coexist with continued state dominance of the sector. This book aims to revisit and refresh thinking on power sector reform approaches for developing countries. The approach relies heavily on evidence from the past, drawing both on broad global trends and deep case material from 15 developing countries. It is also forward looking, considering the implications of new social and environmental policy goals, as well as the emerging technological disruptions. A nuanced picture emerges. Although regulation has been widely adopted, practice often falls well short of theory, and cost recovery remains an elusive goal. The private sector has financed a substantial expansion of generation capacity; yet, its contribution to power distribution has been much more limited, with efficiency levels that can sometimes be matched by well-governed public utilities. Restructuring and liberalization have been beneficial in a handful of larger middle-income nations but have proved too complex for most countries to implement. Based on these findings, the report points to three major policy implications. First, reform efforts need to be shaped by the political and economic context of the country. The 1990s reform model was most successful in countries that had reached certain minimum conditions of power sector development and offered a supportive political environment. Second, countries found alternative institutional pathways to achieving good power sector outcomes, making a case for greater pluralism. Among the top performers, some pursued the full set of market-oriented reforms, while others retained a more important role for the state. Third, reform efforts should be driven and tailored to desired policy outcomes and less preoccupied with following a predetermined process, particularly since the twenty-first-century century agenda has added decarbonization and universal access to power sector outcomes. The Washington Consensus reforms, while supportive of the twenty-first-century century agenda, will not be able to deliver on them alone and will require complementary policy measures
Download or read book Assessment of Power Sector Reforms in Sri Lanka written by Asian Development Bank and published by Asian Development Bank. This book was released on 2015-09-01 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sri Lanka's power sector reforms were undertaken as part of a larger overall economic recovery effort and much-needed reconstruction program following a 30-year civil war. The power sector's restructuring, primarily geared toward encouraging more competition and improved regulation, has brought about wider access to the grid, lower transmission and distribution losses, and a more efficient generation system; but it was met with limited success in unbundling the power system and in making electricity tariffs cost-based and more efficient. This country report by the Asian Development Bank assesses Sri Lanka's experience in reforming its power sector for lessons and insights that other economies could find useful when pursuing their own power sector planning and policy and strategy formulation.
Download or read book Restructuring and Regulatory Reform in the Power Sector written by Peter Choynowski and published by . This book was released on 2004 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: A worldwide trend began in the 1980s in both developed & developing countries to restructure their power sectors & reform their regulatory framework. The motivation in developed countries to restructure & reform was mainly to improve sector efficiency, while in the developing countries, it was to move the sector away from reliance on scarce public resources to more private sector financing. Since the Asian Development Bank was involved in restructuring & regulatory reform in many of Asia's developing countries, this report takes stock of the progress made to date in these countries, reviews the relevant experience in some developed countries & Latin America, & identifies the key issues that could have a bearing on its operations in Asia.
Download or read book Vietnam 2035 written by World Bank Group;Ministry of Planning and Investment of Vietnam and published by World Bank Publications. This book was released on 2016-11-07 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thirty years of Ä?ổi Má»›i (economic renovation) reforms have catapulted Vietnam from the ranks of the world’s poorest countries to one of its great development success stories. Critical ingredients have been visionary leaders, a sense of shared societal purpose, and a focus on the future. Starting in the late 1980s, these elements were successfully fused with the embrace of markets and the global economy. Economic growth since then has been rapid, stable, and inclusive, translating into strong welfare gains for the vast majority of the population. But three decades of success from reforms raises expectations for the future, as aptly captured in the Vietnamese constitution, which sets the goal of “a prosperous people and a strong, democratic, equitable, and civilized country.†? There is a firm aspiration that by 2035, Vietnam will be a modern and industrialized nation moving toward becoming a prosperous, creative, equitable, and democratic society. The Vietnam 2035 report, a joint undertaking of the Government of Vietnam and the World Bank Group, seeks to better comprehend the challenges and opportunities that lie ahead. It shows that the country’s aspirations and the supporting policy and institutional agenda stand on three pillars: balancing economic prosperity with environmental sustainability; promoting equity and social inclusion to develop a harmonious middle- class society; and enhancing the capacity and accountability of the state to establish a rule of law state and a democratic society. Vietnam 2035 further argues that the rapid growth needed to achieve the bold aspirations will be sustained only if it stands on faster productivity growth and reflects the costs of environmental degradation. Productivity growth, in turn, will benefit from measures to enhance the competitiveness of domestic enterprises, scale up the benefits of urban agglomeration, and build national technological and innovative capacity. Maintaining the record on equity and social inclusion will require lifting marginalized groups and delivering services to an aging and urbanizing middle-class society. And to fulfill the country’s aspirations, the institutions of governance will need to become modern, transparent, and fully rooted in the rule of law.
Download or read book Vietnam Energy Policy Laws and Regulations Handbook Volume 1 Strategic Information Programs Regulations written by IBP USA and published by Lulu.com. This book was released on 2018-02-28 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Little Red Book of Golf Wisdom is packed full of thoughtful and witty quotes on the game that has maddened, excited, and delighted generations of players and fans alike. Golfing legends, literary giants, celebrities, and politicians offer pithy and memorable comments on the sport that A. A. Milne once described as “the best game in the world at which to be bad.” Read musings on golf from such noteworthy folks as: • John Updike • Bill Clinton • Ben Hogan • Annika Sorenstam • Rex Lardner • Tiger Woods • Jack Nicklaus • P.G. Wodehouse • Althea Gibson • And hundreds of others! The Little Red Book of Golf Wisdom will entertain, instruct, and capture the essence of the game that has an irresistible hold on anyone connected with it—whether as a participant or a spectator. There’s a reason why people all over the world are drawn to a game that can easily break one’s heart. This book tells you why.
Download or read book Vietnam s Development Success Story and the Unfinished SDG Agenda written by Ms.Anja Baum and published by International Monetary Fund. This book was released on 2020-02-14 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite starting as one of the poorest countries in the mid-1980s, Vietnam has achieved rapid developmental progress, reaching lower middle-income status in 2010. In line with rapid economic growth, Vietnam has achieved impressive progress towards the Sustainable Development Goals (SDGs) during this time. This paper sheds light on some elements of Vietnam’s success story, highlighting crucial policies in education and electricity sectors. It undertakes a forward-looking costing exercise that focusses on five sectors – education, health, roads, water, and electricity infrastructure. Achieving the remaining SDGs in Vietnam will be a challenge, with total annual additional spending needs in the 5 subsectors estimated at 7 percent of GDP by 2030.
Download or read book OECD Investment Policy Reviews Viet Nam 2018 written by OECD and published by OECD Publishing. This book was released on 2018-11-28 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review uses the OECD Policy Framework for Investment to present an assessment of the investment climate in Viet Nam and to discuss the challenges and opportunities faced by the government of Viet Nam in its reform efforts.
Download or read book Revisiting Electricity Market Reforms written by Han Phoumin and published by Springer Nature. This book was released on 2022-09-19 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book combines the fundamentals of industrial organization theories based on microeconomic foundations, applied econometrics and environmental and natural resource economics in undertaking a comprehensive review of reforms of the power sector and its impact on industrial and socio-economic performance. The book provides the reader with the intellectual groundwork necessary for understanding the workings and interactions of today’s reforming power markets such as in the ASEAN and East Asia that are striving to achieve the energy policy trilemma of affordability, energy sustainability and energy security. The topics addressed in this book include application of welfare theorems such as competition in and for the market in the electricity sector, market failures such as lack of electricity access, analysis of forecasting models under volatility, energy resource allocation such as renewable energy and competitive market designs of energy markets. Country-specific and region-specific case studies are used to analyze the progress and outcomes of market-driven electricity reforms across the reforming and advanced electricity markets. Therefore, the book derives policy lessons and provides policy recommendations in reforming power markets for the ASEAN and East Asia taking stock of more than three decades of global experience with power sector reforms. The electricity markets case studies are carefully chosen and supported by extensive data analyses as appropriate. This book on energy economics and policy is highly recommended to readers who seek an in-depth and up-to-date integrated overview about the evolving literature and status on electricity market reforms with a particular reference to Asia.
Download or read book Strategy 2030 Energy Sector Directional Guide written by Asian Development Bank and published by Asian Development Bank. This book was released on 2023-07-01 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: This sector directional guide describes the context and rationale that will guide the agenda of the Asian Development Bank (ADB) in supporting developing member countries with financing, knowledge, convening ability, and technical assistance to ensure improved the coherence, relevance, efficiency, and effectiveness of ADB’s energy sector investments. It outlines the priorities and focus for the energy sector in line with Strategy 2023. The guide is designed to be a living document, to be updated as needed to remain relevant to the dynamic development context of Asia and the Pacifi c. A midterm review will be conducted following the expected review of the Energy Policy in 2025.
Download or read book Green Finance and Investment Clean Energy Finance and Investment Policy Review of Viet Nam written by OECD and published by OECD Publishing. This book was released on 2021-11-05 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: Viet Nam has become a leading regional market for renewable energy in a short space of time led by private sector investment facilitated by favourable support mechanisms. The Clean Energy Finance and Investment Policy Review of Viet Nam provides a comprehensive overview of the current policy framework, highlighting progress and identifying untapped opportunities for strengthening policy interventions that can help scale up clean energy finance and investment.
Download or read book Vietnam written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-07-06 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2012 Article IV Consultation focuses on the financial sector and macroeconomic situation in Vietnam. The authorities adopted a stabilization package in February 2011 in response to increasing pressures on prices and the exchange rate in late 2010. Executive Directors commended the tightening of macroeconomic policies in 2011, which contributed to declining inflation, stabilizing the exchange rate, and a rebuilding of international reserves. Directors also recommended that monetary policy give priority to reducing inflation and rebuilding reserves further.
