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The feed-in tariff for wind power projects could rise above the currently regulated 7.8 US cents in an effort to pave the way for the development of more wind power projects in Vietnam.

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.

In the conclusion of a hand over to the next shift of the Ministry of Industry and Trade (MoIT), the Minister Vu Huy Hoang  said the electricity tariffs will be soon adjusted from 6 to 3 price steps and come to a single step in future.

On April 1, 2020, the Ministry of Industry and Trade (MOIT) reported to the Prime Minister on the proposal to reduce electricity tariffs for many customers to remove difficulties in their production and business under the impact of the Covid-19 pandemic.

Vietnam is a developing country, which does not cause climate change, but sustains a lot of effects from climate change. The Government of Vietnam considers to deal with the climate change as an issue with the vital meaning, that’s why Vietnam always expresses the highest efforts to go together with the international community to deal with global climate change.

According to the National Load Dispatch Center (A0), the reduction of renewable energy sources in recent times and at present is compulsory for the safe and stable operation of the power system.

As the consumption of coal on the market is still stagnant, Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin) has directed to review production situation of a number of its member units with coal products that the market does not need to reduce the output. During the reduction of production, the units will implement removing soil or digging pits to be ready to exploit coal in more favorable conditions of consumption.  

On August 1, 2019, in Hanoi, the International Conference on “Pathways to Low Carbon Development for Vietnam to reach the National Determined Contributions (NDC)” a study report of World Bank in collaboration with the Department of Energy Conservation and Sustainable Development, Ministry of Industry and Trade (MoIT) took place.

LONGi, the world leading solar technology company headquartered in Xi’an, China, has partnered with Solar Electric Vietnam JSC (SEV) to supply 534kWp rooftop solar system to AEON Mall’s recently opened Hai Phong Le Chan Branch, marks a beginning of AEON’s mandate to reduce its carbon footprint in Vietnam. 

According to the project “The Energy Development Planning in Vietnam to 2025 with a vision up to 2035”, the primary energy demand has a number of changes: The energy development scenario (Proposed Scenario - PS) in planning period based on the GDP growth scenario in 2016 – 2035 at an average level of 7%/year in combining with energy saving rates (ESR) compared to business- as-usual (BAU) energy development scenario as 4.1% in 2020, 5.9% in 2025, 8.1% in 2030 and 10.0% in 2035, and a 15% CO2 reduction target by 2030.

In the second quarter, the Vietnam National Coal and Mineral Industries Holding Corporation Limited (Vinacomin) plans to balance production and sale of coal amount in the regions to reduce inventory level, strive to maximally produce minerals, chemicals, electricity ... for stabilizing jobs and meeting coal demand of the customers.