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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To achieve net zero by 2050, Vietnam is implementing an energy transition action plan, which includes phasing out outdated coal-fired power plants while exploring the feasibility of co-firing biomass and ammonia.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 12, 2025

Vietnam's carbon market to finalize legal framework by June

Vietnam’s carbon market is gradually taking shape as Prime Minister Pham Minh Chinh officially approves the national blueprint, establishing both mandatory and voluntary markets, with full implementation expected by 2029.
February 10, 2025

Updated: Vietnam postpones 6 GW offshore wind goal to 2031-2035

Vietnam's offshore wind power development has come to a standstill, as the latest draft revision of the country’s National Power Development Plan 8 (PDP8) extends the 6 GW offshore wind target from 2030 to the 2031–2035 period.
February 05, 2025

Vietnam explores international partnerships for first nuclear power plant

Vietnam has pledged to begin utilizing nuclear power by 2030. The government is also in discussions with five countries, including Russia, about potential cooperation.
December 31, 2024

Vietnam to ease DPPA rules to expand access for power consumers, retailers

Less than a month after the Vietnamese government issued the new Electricity Law, it has introduced five draft decrees for public consultation, with one focusing on the Direct Power Purchase Agreement (DPPA) mechanism.
December 02, 2024

Vietnam restarts Ninh Thuan nuclear project after 8-year suspension

Vietnam's National Assembly has approved the revival of nuclear power, with plans to develop nuclear energy to expand the use of low-carbon energy and achieve the national net-zero target by 2050.
November 11, 2024

Vietnam’s new rooftop solar decree sparks investor concerns over implementation

The Vietnamese government’s recent decree promotes self-consumption rooftop solar power, but unclear regulations complicate the application process for investors.
November 06, 2024

Vietnam proposes revised Electricity Law to attract energy transition investments

The Ministry of Industry and Trade (MoIT) of Vietnam recently proposed a draft revision of the Electricity Law, which is expected to attract investments ranging from $70 to $80 billion USD.
November 04, 2024

Japan, Vietnam approve 9 JCM carbon credit projects

Japan and Vietnam have deepened their cooperation based on Joint Crediting Mechanism (JCM) and issued carbon credits for nine new projects by the end of October.
October 22, 2024

Vietnam's new policy to designate EVN as only buyer for excess rooftop solar power

The Vietnamese government has announced a new draft for the development of rooftop solar energy, which categorizes grid-connected installations into three development models.

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