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At the present, the situations on implementing Vung Ang 2, Nam Dinh 1, Vinh Tan 3 and Song Hau 2  Build – Operate –Transfer (BOT)  projects will be officially signed in the third quarter of 2020.

Speaking in conclusion at the meeting of the State Steering Committee for Nationl Power Development Planning, the Deputy Prime Minister (DPM) Hoang Trung Hai has agreed with a number of suggestions of the Ministry of Industry and Trade and the Groups to accelerate the progress and release the obstacles for the Power Plant and Power Grid Projects.

At the meeting with PetroVietnam Gas Corporation (PV GAS), Mr. Philippe Sauquet – the Member of the Administrative Council, General Director of the Electricity, Gas and Renewable Energy Division of Total SA Group expressed a wish to cooperate with PV GAS to develop the projects in Vietnam in future, especially LNG ones.

On January 17, 2018, at the meeting with Mr. Tatsuo Yasunaga, Chairman and General Director, Mitsui & Co (Japan), Mr. Tran Tuan Anh, Minister of Industry and Trade (Vietnam) asked Mitsui and relevant agencies to deal with the shortcomings and speed up the progress of gas projects in lot B.

Land rental and land use fees of biomass power projects, grid systems and transformer stations connected to the National grid will be exempted and reduced according to current laws applied for projects in the fields of investment incentives. That is one of the preferential treatments for biomass power projects regulated at the prime ministerial Decision 24/2014/ND-CP that will take effect from May 10, 2014.

Vietnam Electricity Group’s Southern Power Corporation (EVN SPC) said that apart from providing power from the national power grid for the island district of Phu Quoc via the 110kV undersea cable line it would build new power plants to ensure stable power supply in the district.

The Electricity of Vietnam (EVN) has just sent a document to the Ministry of Industry and Trade on EVN expectation to reduce a large capacity of the wind power projects in 2021.

These three projects as Quang Trach Power Center (including thermal power plants Quang Trach 1 (2x600 MW),Quang Trach 2 (2x600 MW) and Quang Trach Coal Harbor), Bac Ai Hydropower Pump Storage Plant (4x300 MW) and Tri An Hydropower Extended Plant (200 MW) under Electricity of Vietnam (EVN) Investor have been put into urgent ones in order to guarantee security of electricity supply in period after 2020 up.

On December 15, 2015, the Ministry of Industry and Trade (MOIT) issued the Circular No. 44/2015 / TT-BTC (Circular 44) to stipulate the project development, avoided costs tariff and pattern power purchase agreement for biomass power projects.

Deputy Prime Minister Le Van Thanh, Head of the State Steering Committee for the key oil and gas projects has just signed Decision No. 11/QD-BCDNNDK dated January 19, 2022 promulgating the Operational Regulations of the Steering Committee for assisting the Government and Prime Minister to direct implementing the key oil and gas projects.

At a working meeting with Mr. Tran Dinh Nhan - General Director of Electricity of Vietnam (EVN) on June 20, in Hanoi, Mr. Satoru Harada – Executive Director of the Electricity business division of Marubeni Group in Vietnam expressed his wish to continuously cooperate with EVN in the renewable energy and LNG power projects in Vietnam coming period.

The future of Petrovietnam Power Corporation - JSC (PV Power) is facing a challenging period, determined by the success or failure of investment in new projects.

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).

The Prime Minister of Vietnamese Government has issued the Decision No 39/2018/QĐ-TTg dated 10/9/2018 for adjusting and supplementing a number of articles of the Decision No 37/2011/QĐ-TTg dated at 29/6/2011 on the mechanism to support the development of wind power projects in Vietnam.

The Government has approved an additional six solar power projects with a combined capacity of 850 MWp in Binh Phuoc, raising the total solar energy capacity of the southern province to the highest in the country.