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Vietnam is introducing a revised pricing structure to boost solar energy projects in its northern regions.

Vietnam is battling electricity cuts caused by a heatwave which has revealed problems in structure and bureaucracy restricting available power to 50% of installed capacity and impeding efforts to access $15.5 billion in global climate funding.

A wind farm in Vietnam's Ben Tre province, consisting of seven wind turbine towers, has remained inactive for several months, symbolizing the bureaucratic red tape that’s hindering the development of green energy in the country.

A European Union business representative said that Vietnam may not have a legal framework to regulate offshore wind farms until next year, potentially deferring billions of dollars in foreign investment in the sector.

Vietnam’s Ministry of Industry and Trade (MIOT) is planning a pilot scheme to open up Vietnam’s electricity market to bilateral power purchase agreements (PPAs), which would enable renewable energy generators to directly sell electricity to private off-ta

Despite an existing feed-in tariff (FiT) for deepening biomass energy investment in Vietnam, some experts advise that a new scheme must be paired with other legal incentives to ensure a more significant share in the country’s energy mix.

The Vietnamese government published on Tuesday a new decree on greenhouse gas (GHG) emissions and ozone layer preservation, outlining the framework of the Environmental Protection Law and proposes to build up and pilot run a carbon trading scheme from 202