On the morning of 29 September 2022, Power Engineering Consulting Joint Stock Company 3 (PECC3) attended the “Conference on Prevention and Resolution of Disputes arising from Public-Private Partnership (PPP) Projects in Vietnam through Mediation and Arbitration” in Hanoi. This event is part of a series of PPP seminars organized by the Vietnam International Arbitration Center (VIAC) in collaboration with the United States Agency for International Development (USAID) and the Vietnam…
READ MOREOn 22 September 2022, Decree No. 68/2022/ND-CP (“Decree 68”) on the functions, duties, authority, organizational structure of the Ministry of Natural Resources and Environment (“MONRE”) was issued by the Government to substitute for Decree No. 36/2017/ND-CP dated 4 April 2017. The Decree will take effect from 1 November 2022 and provide that MONRE performs the function of state management in the following areas: land; water resources; mineral and geological resources;…
READ MOREOn 27 and 28 October 2022, Power Engineering Consulting Joint Stock Company 3 (PECC3) attended two renewable energy events: ASEAN Wind Energy 2022 and Solar PV Show Vietnam 2022 at The Adora Center. ASEAN Wind Energy 2022 (AWE2022) is one of the most prestigious international wind power events as well as the leading clean energy event in the region and it is increasingly known in the renewable energy sector in…
READ MORECircular No. 08/2022/TT-BKHDT issued by the Ministry of Planning and Investment on May 31, 2022 takes effect from August 1, 2022 (“Circular 08”) and replaces Circular No. 04/2017/TT-BKHDT dated November 15, 2017 (“Circular 04”) on selecting the Consultant on the national bidding network system. Differences can be seen in terms of legal remedy and penalty for contract violations between Circular 04 and Circular 08. This article will focus on E-GCC…
READ MOREOn 9 May 2022, the Draft Prime Minister’s Decision (“Draft PM’s Decision”) on direct power purchase agreement (“DPPA”) mechanism between renewable energy generators and large electricity consumers was uploaded to the Online portal by the Ministry of Industry and Trade and is being finished after a period of public consultation. Nevertheless, the Decree No. 39/2022/ND-CP on Government’s Working Regulations issued by the Government on 18 June 2022 provides some changes…
READ MOREDuring his official visit to the United Kingdom, National Assembly Chairman Vuong Dinh Hue meets with Enterprize Energy Group. Continuing the official visit to the UK, Chairman of the National Assembly Vuong Dinh Hue and a high-ranking delegation of the National Assembly of Vietnam met Mr. Ian Hatton, Chairman of the Board of Directors and the Board of Directors of Group Enterprize Energy UK, on the morning of June 29….
READ MOREExploiting renewable energy sources has become a common trend around the world in order to replace depleted fossil energy sources and limit extreme changes to the global climate. As of October 31, 2021, the total installed capacity of renewable energy sources in Vietnam was 20,644MW, according to Electricity of Vietnam (EVN). In order to develop renewable energy in a sustainable manner, the Vietnamese government has established macro policies for renewable…
READ MOREIn order to meet Vietnam’s commitment at the COP26 conference, Power Master Plan VIII is being adjusted in the right direction in accordance with the roadmap to reduce the proportion of coal power and increase the share of renewable energy (NLTT) to reduce gas emissions that cause environmental pollution. However, many experts today are asking, “What mechanism to attract investment in renewable energy?” Opportunity to shift renewable energy. Despite being…
READ MOREOn the morning of September 24, 2022 at Rex Hotel Saigon, representative of EVNPECC3, Mr. Tran Quoc Dien – Deputy General Director attended the Announcement Ceremony of “The Best of Vietnam 2022 & Top Brands Asia – Pacific 2022” organized by the Journal of Intellectual Property & Creativity, Council of the Vietnam Business Associations, Asia Information Promotion Association (AIPA) in collaboration with related entities. Along with that there was the…
READ MOREFollowing the Draft Circular released in May 2021 and Report No. 94/BC-BCT dated 29 October 2021 regarding the pilot scheme of direct power purchase agreement (DPPA) between renewable power generators and consumers, under the assignment from the Prime Minister in Document No. 229/VBCPCN dated 11/1/2022, the Ministry of Industry and Trade (“MOIT”) has further prepared and finished the Draft Decision of Prime Minister (“Draft PM’s Decision”) on this pilot scheme….
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