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Vietnam Energy Forum
The new mechanism for encouraging the solar power development in Vietnam

The new mechanism for encouraging the solar power development in Vietnam

On April 6, 2020, the Prime Minister issued Decision No 13/2020 (for replacing the Decision No 11/2017 invalid from June 30, 2019) on the incentive mechanism for solar power development in Vietnam. This decision takes effect on May 22, 2020.
The electricity tariffs will be adjusted to 3 price steps

The electricity tariffs will be adjusted to 3 price steps

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.