Policy - Planning

The Government has just issued Decree No. 99/2020/ ND-CP on the regulations to punish the administrative violations in the petroleum relevant activities (searching, exploring, exploiting and trading petroleum). The Decree stipulates the maximal administrative violation in exploring and exploiting oil and gas as 01 billion VND for an individual and 02 billion VND for an organization.

The Minister of Industry and Trade has just issued Circular No. 18/2020 / TT-BCT to regulate development and model power purchase agreement (PPA) for the solar power projects (Circular 18).

Sharing with the press on July 8, Deputy Minister of Industry and Trade Hoang Quoc Vuong informed: Besides the electricity tariff with 5 price ladders instead of the current tariff with 6 ladders, the Ministry of Industry and Trade (MOIT) will additionally submit an ‘one-price tariff’ for the electricity customers to choose.

The Binh Thuan Wind Power Association has proposed the Prime Minister (PM) and Ministry of Industry and Trade (MOIT) to extend the mechanism on supporting wind power development in Decision No 39/2018/QĐ-TTg for 14 months.

The Ministry of Industry and Trade (MOIT) has just issued the Unified Document No. 07/VBHN-BCT for regulating wind power development and Standardized Power Purchase Agreement (PPA) for wind power projects.

Vietnam Energy Association (VEA) is a voluntary social-professional organization of 330 organizations and individuals operating in the energy sector, or in the fields related to the energy. Following many effective activities from previous years, in 2019 VEA implemented many active activities, contributing to the overall achievement of Vietnam's energy industry.

The Party Staff-Member Board of Ministry of Industry and Trade (MOIT) has just issued Resolution No. 21-NQ/BCSĐ, dated January 10, 2020 on the principles and processes for adjusting and supplementing the power projects into the power development planning (PDP) in an order of prioritizing the grid first, power plant latter, and prioritizing the areas with a few renewable energy (RE) projects and areas with an ability to release capacities of power plants.

The Ministry of Industry and Trade (MOIT) has just issued Document No. 9608/BCT-DL, dated December 16, 2019, to the People's Committees of the provinces and cities directly under the Central Government and the Electricity of Vietnam, on stopping proposals and agreements for solar power projects (SPPs) under Feed in Tariff (FIT) mechanism.

Deputy Prime Minister Trinh Dinh Dung has just signed a Decision for approving the content of ‘The National Energy Master Plan in 2021-2030 period with a vision to 2050’.

The Prime Minister has approved the policy to invest in Dung Quat 1 and Dung Quat 3 Gas Turbine Combined Cycle (GTCC) Plants in the chain of Blue Whale Projects.

On October 16, 2019, in Hanoi, the National Power Transmission Corporation (EVNNPT) and the Electricity Trading Company (EVNEPTC) signed the Contract on power transmission service for 2019-2023 period with the price of electricity transmission in 2019 as 101.3 VND/kWh, down 9.58 VND/kWh in comparison with the price in 2018.

The Prime Minister has approved the content of the project on the National Power Development Planning in 2021 – 2030 period with a vision up to 2045 (PDP VIII).

People's Committee of Da Nang city has just issued a Decision on approving the draft and funding for roofs solar power development project to 2025, with an outlook up to 2035.

On July 19, 2019, Mr. Tran Tuan Anh, the Minister of Industry and Trade (MOIT) chaired a meeting with several units under the Ministry to discuss solutions to remove difficulties for the key power projects.

The Electricity of Vietnam (EVN) has just issued a Document No. 3450/EVN-KD, dated July 02, 2019 for guideline to solve the problems on the rooftop solar power projects (RSPPs).