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Decree 58/2025/ND-CP has been issued by the Government to provide detailed guidance on a number of articles of the Electricity Law on the development of renewable energy (such as solar power, wind power) and new energy (such as electricity from green hydrogen, green ammonia). This Decree provides many preferential policies to promote the development of the clean energy industry, encourage investment and ensure national energy security. Outstanding preferential policies in…

On April 15, 2025, the Prime Minister signed Decision No. 768/QĐ-TTg, approving the revised National Power Development Plan for the period 2021–2030, with a vision to 2050 (PDP8 Revision). This is a significant update that concretizes the orientation for energy development in line with socio-economic realities, global energy transition trends, and international commitments on climate change response. Ensuring National Energy Security The revised PDP8 sets the goal of ensuring sufficient…

In the context of increasing energy demands and a strong commitment to transitioning to clean and sustainable energy sources, Vietnam is gradually restarting its nuclear power development program. Projects such as Ninh Thuan 1 and 2 have been identified as national priorities, in accordance with key resolutions from the National Assembly and Government, particularly Resolution No. 41/2009/QH12 and Resolution No. 189/2025/QH15. The establishment of the State Steering Committee and the…

On the afternoon of April 9, 2025, LEGO Group officially inaugurated the LEGO Manufacturing Viet Nam, located at No. 1, Street No. 3, VSIP III Industrial Park, Tan Uyen City, Binh Duong Province. Construction of the LEGO Manufacturing Viet Nam began in November 2022 on a site covering 44 hectares, featuring 5 buildings with a total construction area of 150,000 m². The facility includes office spaces, an energy center, molding…

Diesel generators are reliable and flexible power sources. They are widely used to provide emergency backup power in various scenarios, such as supplementing renewable energy sources, supplying electricity to remote islands, etc. Diesel generators offer high reliability and efficiency at low power outputs, with fast startup capabilities. With the goal of reducing greenhouse gas emissions as outlined in COP26, organizations are required to comply with environmental regulations and achieve corporate…

On March 27th, 2025, at the office of the National Power Transmission Corporation (EVNNPT), the Connection Agreement Signing Ceremony of O Mon III Combined Cycle Power Plant to the National Power System took place between Mr. Luu Viet Tien – Vice President Technical of EVNNPT, representative of EVNNPT and Mr. Nguyen Manh Tuong – Director of PetroVietnam Power Project Management Board (PVPMB), representative of the PVPMB – PetroVietnam Oil and…

On March 3, 2025, the Government issued Decree No. 57/2025/ND-CP, an important legal document regulating the direct power purchase agreement (DPPA) mechanism between renewable energy generators and large electricity consumers, to replace Decree 80/2024/ND-CP issued in July 2024. Decree 57/2025/ND-CP has new and notable changes, being consistent with the content of the Electricity Law (amended) and Decree 135/2024/ND-CP on mechanisms and policies to encourage the development of self-produced and self-consumed…

As Vietnam resumes its nuclear power projects to meet escalating energy demands, thorium-based nuclear energy emerges as a promising pathway. This presents an opportunity for the nation to leverage advanced, sustainable technologies, shaping the future of its energy landscape. Thorium – A Promising Nuclear Fuel Resource Thorium (Th-232) is a naturally occurring radioactive element with global reserves estimated to be 3–4 times more abundant than uranium. According to the International…

On January 15, 2025, the signing ceremony for the consulting contract for the package “Feasibility Study Report, Specialized Reports, and Environmental Impact Assessment Report” of the Quang Trach II LNG Power Plant Project was solemnly held at EVN. The ceremony was attended by representatives of the investor, Power Project Management Board 2, the consulting consortium comprising Power Engineering Consulting Joint Stock Company 1 (PECC1) and Power Engineering Consulting Joint Stock…

The revised Electricity Law (Law No. 61/2024/QH15) has been passed and will take effect from February 1, 2025. The Electricity Law has 81 Articles and 9 Chapters including: (I) General provisions; (II) Electricity development planning and investment in electricity projects; (III) Development of renewable energy and new energy; (IV) Electricity operation license; (V) Competitive electricity market and electricity trading activities; (VI) Dispatch and operation of the national electricity system; (VII)…