On 30 May 2025, Ministry of Industry and Trade of Vietnam issued Decision No. 1509 (“Adjusted PDP-8 Implementation Plan”), laying down the implementation plan for the Decision No. 768 (“Revised PDP-8”) of the Prime Minister, dated 15 April 2025. Goals aligned with Revised PDP-8 Balanced development of power sources across the regions, ensuring supply-demand Maintaining feasibility, synchronization and flexibility among various power sources/grid Tracking progress and resources for implementing priority schemes/projects on refining policies and […]
Category: Energy
VILAF extends our congratulations to the Agence Française de Développement (AFD) and the National Power Transmission Corporation (EVNNPT) on the signing of the €67 million (approximately USD75 million) loan agreement for the funding of the expansion and modernisation of power transmission grids in Vietnam. The official signing ceremony was held last week, during the official visit of French President Emmanuel Macron to Vietnam. The loan will support the development of the construction of two […]
VILAF is delighted to announce that the financing of the Nhon Trach 3 and 4 LNG-to-power project has been awarded a 2024 Deal of the Year Award in the Projects Category by China Business Law Journal. In addition, the project has been named a finalist for the ALB Southeast Asia Law Awards 2025, which will be held in May 2025. VILAF acted as Vietnamese legal counsel to Citibank and ING Bank in the financing of […]
In a significant stride towards sustainable energy transformation, the Vietnamese government has approved the Revised National Power Development Plan VIII (PDP-8) under Decision No. 768/2025/QD-TTg (the “Revised plan”), outlining the country’s electricity roadmap for the 2021–2030 period with a forward-looking vision to 2050. The Revised plan, initialed on April 15, 2025, is aligned with Vietnam’s commitments under the Law on Planning 2017, the Electricity Law 2024, and international climate goals, including pledges made at COP26 […]
Written by Partner Ngoc Anh Bui and Foreign Counsel Vaibhav Saxena Government of Vietnam issued Decree No. 57/2025 (“Decree 57”) with effect from March 03, 2025, guiding the Law on Electricity 2024, and regulating direct electricity purchase and sale mechanism between renewable energy generators and large electricity users (“DPPA”). Renewable Energy (RE) Generation Units Solar, wind, ocean (including tides, ocean waves and currents), geothermal, hydro, biomass, waste-to-energy… Electricity Traders – National Grid Grid-connected solar, wind […]