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Regulation

May 28, 2024

Vietnam completes draft DPPA for green electricity, submits for government approval

Vietnam's Ministry of Industry and Trade has submitted the draft decree on direct purchase agreement (DPPA) to the government for consideration. This move is expected to boost the overall green energy industry and attract renewable energy investments.
May 22, 2024

Vietnam urges Apple suppliers to cut power use amid record electricity usage

After Vietnam's nationwide electricity usage hit a record high in late April, the local government is concerned about a potential recurrence of power shortages. Authorities have requested businesses and enterprises to implement power-saving measures, incl
May 15, 2024

Vietnam promises stable power supply to attract chip investments

To attract foreign investment in industries such as semiconductors, Vietnam has not only offered tax reductions but also promised sufficient power supply and infrastructure to avoid a recurrence of last year's power shortage crisis.
May 07, 2024

It’s crucial to build carbon credit management mechanism: Vietnam’s Prime Minister

Vietnamese Prime Minister Pham Minh Chinh recently issued a directive emphasizing the urgent need to establish a carbon credit management mechanism, which aims to help local businesses better grasp the carbon market and meet the Nationally Determined Cont
May 03, 2024

Vietnam’s GHG emission regulations draft emphasizes carbon footprint verification

Vietnamese government proposed to amend and supplement the "Regulations on reduction of greenhouse gas (GHG) emissions and protection of the ozone layer". There is significant attention regarding details of GHG inventory and emission quota allocation.
April 29, 2024

Vietnam may allow businesses to buy green power without EVN’s involvement

Vietnamese Ministry of Industry and Trade (MOIT) has proposed that the government allow manufacturing businesses to buy electricity directly from renewable energy sources, regardless of the involvement of the Vietnam Electricity Corporation (EVN).
April 17, 2024

Vietnam’s major manufacturing city aims to establish first green economic zone

Vietnam’s Haiphong city government focused on sustainable economy with its proposal of “Southern Coastal Economic Zone” (EZ) and aims to become Vietnam's first green economic zone.
April 16, 2024

Vietnam plans to boost rooftop solar with surplus power wholesale mechanism

The Vietnamese Ministry of Industry and Trade held a meeting to discuss “The draft of rooftop solar power stimulus package” on Apr. 10. Minister Nguyen Hong Dien revealed that surplus electricity can be sold to power companies for financial gain.
April 11, 2024

Vietnam’s DPPA becomes clearer as draft expected to be reviewed in May

The Direct Power Purchase Agreements (DPPA) mechanism has been proposed by the Vietnamese Ministry of Industry and Trade (MOIT) for over seven years. Finally, with recent urging from the Vietnamese Prime Minister, there has been significant progress.
March 08, 2024

Vietnam anticipates renewables to make up 70% of power mix by 2045

Vietnamese Prime Minister Pham Minh Chinh officially approved the "2030 National Energy Development Strategy" on Mar. 1. The strategy aims to increase the proportion of renewable energy to 15%-20% by 2030 and expects to reach 65%-70% by 2045.

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