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Accelerating the realization of LNG and offshore in 2026 - Opportunities and institutional tests
10:19 | 24/02/2026
The Year of the Horse (2026) is expected to mark a pivotal phase in the implementation of Vietnam’s adjusted Power Development Plan VIII (PDP VIII), particularly for two strategic pillars: LNG-fired power and offshore wind. Building on the political and legal foundations set by the Politburo’s Resolution No. 70-NQ/TW and the National Assembly’s Resolution No. 253/2025/QH15, together with recent decisions allocating sea areas for offshore wind surveys, Vietnam is transitioning from planning to execution. This article examines the opportunities, risks, and key institutional conditions required for 2026 to become a year of controlled acceleration in the country’s energy transition.