Skip to Content

Category: Energy

Vietnam released list of energy projects eligible for JETP funding and proposed important renewable energy regulations

Posted on Sep 5, 2023 in Energy by

Written by Partner Duyen Ha Vo On 31 August 2023, Vietnam’s Deputy Prime Minister Tran Hong Ha signed Decision 1009/QD-TTg approving the Plan (“JETP Plan”) for Implementation of Vietnam’s Political Declaration regarding the Just Energy Transition Partnership (“JETP”). I. THE JETP PLAN According to the JETP Plan, the Ministry of Natural Resources and Environment is tasked to coordinate with other ministries to develop Vietnam’s JETP Resource Mobilization Plan (JETP – RMP) by November 2023.  Additionally, […]

The National Energy Master Plan 2021-2030 With A Vision to 2050 Being Approved

Posted on Jul 28, 2023 in Energy by

Written by Partner Ngoc Anh Bui and Foreign Counsel Vaibhav Saxena On 15 May 2023, the Deputy Prime Minister Tran Hong Ha initialed on the Decision No. 500/QD-TTg (the “PDP-8”). PDP-8 lays down the path for Vietnam’s national electricity development for the period from 2021 – 2030 essentially, with a vision to 2050. In furtherance to PDP-8 the Ministry of Industry and Trade (MoIT) submitted Report No. 4225/TTr-BCT dated 3rd July 2023 on the National […]

Legal Due Diligence Major Red-Flags for IPP Energy Projects M&A in Vietnam

Posted on Mar 2, 2023 in Energy by

VILAF Counsel, Vaibhav Saxena share key points witnessed in recent traditional and renewable energy M&A transactions in Vietnam in Vietnam Investment Review.  Power sector acts as the backbone for the global economies and the brightest star of SE ASIA (Vietnam) is catching up fast with the international race towards countering alarming concerns for the rapid climate change. M&A plays a critical role for the industry to flourish with a boosted financial model for the investors […]

Vietnam’s Further Evolving Regulations and Policies on Energy

Posted on Nov 17, 2022 in Energy by

October and November 2022 have been dynamic months for the energy sector in Vietnam, with the following important developments: On 11 November 2022, the Ministry of Industry and Trade (“MOIT”) submitted its amended proposal 7194/TTr-BCT to the Prime Minister on the proposed power master plan (“PDP8”) for the period 2021-2030, with a vision to 2050. On 28 October 2022, the State Auditor issued its Official Letter 641/KTNN-TH (“OL 641”) to the MOIT on the findings […]