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

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(Photo: iStock)

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. A preliminary draft is expected on the April 15 to seek public feedback, and the draft of the decree will be submitted to the government no later than early May.

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