NordCham Vietnam Chairman Urges Predictable Investment Approvals and Green Power Access

Key summary

Thue Quist Thomasen, chairman of NordCham Vietnam, addressed the Nordic–Vietnam Business Forum held on October 29 in Ho Chi Minh City. Speaking to over 100 representatives from business, government, and diplomatic sectors, Thomasen emphasized that tariff reductions are insufficient for securing lasting investment. He called for more predictable licensing procedures and improved access to direct power purchase agreements, specifically green electricity. Bui Minh Thanh, vice chairman of the Ho Chi Minh City People’s Committee, responded by pledging faster administrative procedures and greater transparency. The forum, organized by NordCham in collaboration with the embassies of Denmark, Finland, Norway, and Sweden, highlighted clean energy, sustainable transport, circular economy, and high-tech industry as key priorities for Nordic investment in the city.