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Vietnam

April 21, 2025

Vietnam identifies over 1,000 GW of wind potential in exclusive economic zone

With over 3,000 kilometers of coastline, Vietnam holds significant potential for wind power generation. On April 18, Vietnamese authorities released a new report estimating the country’s wind power potential within its exclusive economic zone.
April 17, 2025

Vietnam approves $136 billion power plan to expand renewables, nuclear energy

Vietnam officially approved a revised version of its National Power Development Plan (PDP8) on April 15, allocating $136.3 billion by 2030 to strengthen long-term energy security.
April 16, 2025

Vietnam eyes 30% carbon offset cap to ease corporate burden

Vietnam is set to launch a pilot carbon credit trading scheme this year, with regulations still under development regarding the percentage of emissions that businesses can offset using carbon credits.
April 15, 2025

Vietnam raises solar feed-in tariffs with energy storage, regional incentives

Vietnam’s Ministry of Industry and Trade (MOIT) has announced a new round of feed-in tariffs (FIT) for solar power, introducing location-based pricing and, for the first time, incorporating energy storage systems.
April 01, 2025

Vietnam’s FIT policy overhaul triggers industry bankruptcy fears

Vietnam’s government is conducting a comprehensive review of its feed-in tariff (FIT) regulations, a move that could significantly cut revenue for some operating renewable energy projects. This has sparked concern among industry players, who have filed a
March 26, 2025

Vingroup ventures into energy sector with proposal for renewable, LNG power plants

Vietnam's business giant Vingroup, globally known for its electric vehicles, is set to enter the energy sector, focusing on wind, solar, and liquefied natural gas (LNG) power plants. The total investment could reach up to $30 billion.
March 06, 2025

Vietnam grants up to 12 years of fee exemptions for green energy projects

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.
February 25, 2025

Vietnam to update Power Development Plan amid ambitious energy goals

Vietnam is expected to finalize the updated National Power Development Plan (PDP8) by the end of February. According to the draft, the country has significantly raised its electricity demand forecasts, energy imports, and renewable energy capacity. Solar
February 21, 2025

Vietnam unveils coal phase-out plan, intends to stop 2 coal-power plants by 2030

To achieve net zero by 2050, Vietnam is implementing an energy transition action plan, which includes phasing out outdated coal-fired power plants while exploring the feasibility of co-firing biomass and ammonia.
February 14, 2025

Vietnam’s green building surge in 2024 surpasses 2030 target

Driven by the global push for net-zero emissions, Vietnam saw a substantial rise in green buildings last year, reaching a total of 559, far surpassing its 2030 target by more than threefold.
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