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Energy Projects › 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

Mayer Brown

Implementation Plan to Vietnam’s PDP8 Released

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Following the release of Vietnam’s eighth national power development plan (“PDP8”) in mid-2023, the Prime Minister has now approved the implementation plan to PDP8 under Decision No. 262/QD-TTg (“Decision 262”). As the name...more

A&O Shearman

A future for offshore wind in Vietnam?

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Vietnam’s Power Development Plan VIII ("PDP8") has set an ambitious target of 6GW of offshore wind ("OSW") by 2030. Unlike Vietnam’s previous power development plans that provided a list of projects within scope, PDP8 only...more

A&O Shearman

Vietnam’s Power Development Plan VIII – Initial Impressions

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Vietnam’s long-awaited Power Development Plan VIII (“PDP8”) was approved by the Prime Minister on 15 May 2023 with immediate effect, a milestone in the country’s journey towards energy transition. According to Vietnamese law,...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

BCLP

Vietnam Wind 2019: Redux

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A month after our last article - Vietnam Wind - A look ahead to 2019 - was published, Circular 02/2019/TT-BCT (Circular 02) came into effect. Attached to Circular 02 is a new PPA (2019 PPA) for wind farm projects to be used...more

BCLP

Vietnam Wind

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While there are concerns over the support structure and PPA, market interest has been strong and (onshore) wind projects are getting built. Although projects may not be moving forward on a traditional international project...more

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