Vietnam aims for renewables to reach 25–30% by 2030. (Photo: iStock)
Vietnam is doubling down on its energy ambitions, with the Communist Party’s Politburo issuing a new resolution that underscores energy as the foundation of economic growth. The resolution calls for boosting installed generation capacity while lifting the share of renewables to over 25%, raising power reliability and access to a top-three ranking within ASEAN, and implementing direct power purchase agreements (DPPA) to encourage private-sector investment.
Vietnam targets over 25% renewables, cuts emissions by up to 35%
Party General Secretary To Lam signed Resolution No. 70-NQ/TW on August 20, setting out the nation’s five-year energy roadmap. It emphasizes a competitive, transparent market prioritizing renewable, new, and clean energy while safeguarding energy security.
