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Electricity › Renewable Energy › Vietnam

A&O Shearman

Vietnam: impact on LNG-to-power projects of the new Electricity Law guiding Decree 56

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On March 3, 2025, the Vietnamese government issued Decree No. 56/2025/ND-CP (Decree 56) which provides detailed guidance on the implementation of a number of provisions of the new Electricity Law regarding developing power...more

A&O Shearman

Vietnam’s new Electricity Law – a new beginning?

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The much-anticipated new Electricity Law of the Socialist Republic of Vietnam was passed on November 30, 2024. The new law aims to enhance the development, management, and operation of the power sector in Vietnam by creating...more

White & Case LLP

Vietnam Approves Power Development Plan for Cleaner Fuels

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Power Development Plan VIII ("PDP8") calls for expansions to renewable energy generation and development of LNG facilities to aid a gradual phase-out of coal-fired power plants. The plan will require US$134.7 billion in...more

Orrick, Herrington & Sutcliffe LLP

South and Southeast Asia, the Next Frontier of cPPAs

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Corporate power purchase agreements (cPPAs) have seen exponential growth in the Southeast Asia region over the last year. This has largely been on account of increased corporate and governmental decarbonisation targets,...more

White & Case LLP

Vietnam's 7GW wind energy ambitions

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On June 25, 2020, the Vietnamese Prime Minister published a list of 91 approved-in-principle wind power projects with an estimated energy generation capacity of seven gigawatts (GW)....more

Akin Gump Strauss Hauer & Feld LLP

Energy in ASEAN: Developments in the Wind Energy Market in Vietnam

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Wind power project developers were buoyed in April by the news that Vietnam’s Ministry of Industry and Trade (MOIT) had submitted Official Letter no. 2491/BCT-DL (“MOIT Proposal”) to the government, proposing to extend...more

Akin Gump Strauss Hauer & Feld LLP

Energy in ASEAN: Solar Energy in Vietnam

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In the second installment of our series “Energy in ASEAN: The Essentials,” we will take a deeper dive into the solar energy market in Vietnam. In this article, we will provide a recap of the solar story and give an overview...more

Akin Gump Strauss Hauer & Feld LLP

Energy in ASEAN: Renewable Energy in Vietnam

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ASEAN: An Economic Powerhouse - The combined gross domestic product (GDP) of the 10 member states of the Association of Southeast Asian Nations (ASEAN) stands at $2.8 trillion—equivalent to ranking fifth in the world’s...more

Jones Day

Vietnam's New Solar PPA: Strong Developer Interest Despite Bankability Concerns

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The Situation: Vietnam's draft model power purchase agreement ("Model PPA") for solar power projects issued in April 2017 departed from international market practice and fell short on bankability. The Action: Vietnam has...more

Jones Day

Vietnam's New Solar Power Policy

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Effective June 1, 2017, Decision No. 11/2017/QD-TTg ("Decision 11"), supports the development of solar power projects to address energy security concerns related to the overreliance on coal fired and hydropower projects....more

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