Vietnam has abundant onshore wind energy resources and commits to expand its overall wind power capacity. (Photo: iStock)
To accelerate the development of the renewable energy industry, the Vietnamese government has introduced a new electricity decree, prioritizing the promotion of power generation projects using renewable energy sources such as solar and wind power, as well as energy storage systems.
Additionally, power developers using 100% green hydrogen or green ammonia can benefit from fee exemptions for up to 12 years.
Wind, solar take center stage in Vietnam’s energy plan
On March 3, the Vietnamese government issued Decree No. 58/2025/ND-CP, which stems from the 2024 "New Electricity Law." The decree covers industrial development strategies for large offshore wind and solar projects and took effect immediately upon issuance.
