News
Regulation
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.
July 26, 2024
Vietnam’s state-owned enterprises set to pilot offshore wind development
The Vietnamese government is attempting to overcome the stagnation in offshore wind power development. The Ministry of Industry and Trade (MOIT) has recently released a pilot development report, recommending that state-owned enterprises take the lead.
July 04, 2024
Vietnam's direct power purchase agreement marks green energy milestone
The Vietnamese government officially passed the "Direct Power Purchase Agreement" (DPPA) on the 3rd, allowing large electricity consumers to procure green energy directly from the national grid or independent grids, bypassing Vietnam Electricity (EVN).
July 04, 2024
Vietnam liberalizes direct purchase of green electricity by enterprises
To attract more renewable energy investments and meet the industry's demand for clean energy,Vietnam government officially passed the “direct power purchase agreement" (DPPA) on the 3rd.
June 05, 2024
Vietnam eyes advanced technology to boost rare earth production, EV industry
The rare earth elements used in making EVs and wind turbines are vital to renewable energy technology. Vietnam boasts abundant rare earth resources but suffers from a lack of advanced technology, leading to a continued decline in extraction volumes.