Vietnam: A Glimpse of What Power Development Plan VIII Would Look Like

Vietnam’s guiding energy industry policy for the next decade, Power Development Plan VIII (“PDP VIII”), was originally scheduled for release in 2020. After much back and forth between the main drafter, the Ministry of Industry and Trade (“MOIT”), and the Government of Vietnam, it remains in the draft form. In various statements to the Government, MOIT outlined the main content of the plan and some of the rationale behind it. Below we summarize key takeaways from the most recent proposal, namely Proposal 7194/TTr-BCT dated November 11, 2022 (“Proposal 7194”). These takeaways present an overview of the country's current power situation and reveal its intentions for developing power generation projects, including renewables. There are three regions that make up Vietnam's electricity...To read the full article, please see the PDF file

*This article is also available in Japanese.

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