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As well known, by the end of 2020, in Vietnam, there were put into operation power generation projects with a total installed capacity of 69,300 MW, of which the renewable energy capacity was 21,000 MW including 3,600 MW small hydro, 300 MW biomass power, more than 600 MW wind power, 16,500 MW solar power (7,900 MW ground projects and 8,600 MW rooftop ones) accounted for 30.6% of the total capacity of the whole national system, in particular, the solar power (ground and rooftop projects) reached 23.9%.

The Ministry of Industry and Trade (MOIT) has just issued a document to propose amending the Petroleum Law to remove the currently arising inadequacies and problems, and create a more favorable legal corridor for investors, contribute to improving the investment environment in the petroleum sector of Vietnam.

On August 28, 2020, in Hanoi, Ministry of Industry and Trade (MOIT) held the first workshop on the National Energy Master Plan (NEMP) for 2021-2030 period, with a vision up to 2050.

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 Prime Minister has just issued a document to agree with the proposal of the Ministry of Industry and Trade (MOIT) in principle on the ceiling price (maximum price) as 6.95 USCent/kWh for importing wind power from Laos. The average electricity price for the whole life of the project at the time of negotiation agreed between the Electricity of Vietnam (EVN) and investor must be not exceed this ceiling price.

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.

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.

In the meeting of Vietnam - US Trade and Investment Council, the Minister of Industry and Trade (MoIT) Tran Tuan Anh with the authorization of the Prime Minister handed the certificate to invest in Son My LNG power project in Binh Thuan province (Vietnam) for AES Company (USA).

Dong Nai People's Committee has just submitted a document to the Ministry of Industry and Trade (MoIT) for considering and appraising 8 solar power projects to submit to the Prime Minister for additional approving these projects to the National Power Development Planning (NPDP) up to 2025.

To further push forward the solar power development in Vietnam and facilitate the collaboration between local and international, Neoventure International as the organizer, is planning the seventh RE series event in Vietnam - Vietnam Solar Power Expo 2019, which will be scheduled on National Convention Center on 25-26 September, 2019.