On 30 August 2023, Vietnam’s Ministry of Industry & Trade (“MOIT”) published the draft circular stipulating the method for calculating of the electricity generation price range for wind and solar power plants (the “Draft Circular”) for public consultation. The Draft Circular is expected...
26/2023/ND-CP and Decision No. 15/2023/ND CP stipulating the Import Tariff and Export Tariff Schedule ( Vietnamese / English / Simplified Chinese / Traditional Chinese / Korean / Japanese ) Alert - Proposal of the General Department of Customs on in-land import-export activities ( Vietnam...
The negotiated tariff will not exceed the maximum tariff annually calculated by EVN and approved by the MOIT in accordance with Circular 19/2023/TT-BCT dated 1 November 2023 (“Circular 19”). The PPA with EVN must follow the standard PPA as provided under Circular 02. However, in case t...
First, the daytime hourly tariff will be redesigned for commercial and industrial consumers. This is intended to reduce the peak load of the transmission system and transmission losses. Second, regional differences in retail tariffs are developed. Third, a market-based electricity tariff is set, ...
as the economy continues to grow substantially over the next decade. With strong GDP growth expected to continue to push electricity demand significantly higher over the medium term, the Vietnamese government has estimated that USD 133 billion of new power infrastructure spending is req...
This initiative is partly driven by the United States’ tariff-dodging policy as it intensifies efforts to reduce trade with China by increasing tariffs. The policy has greatly boosted imports from Vietnam, which relies on Chinese input for many of its exports. Consequently, this has led to a...
A roadmap for electricity tariff increase is thus discussed.doi:10.1016/j.enpol.2008.04.013Khanh Q. Nguyen a bElsevier LtdEnergy PolicyNguyen KQ. Impacts of a rise in electricity tariff on prices of other products in Vietnam [J].Energy Policy, 2008, 36(8): 3135-3139....
More specifically, Mekong Wind Power JSC, the operator of the Mekong project that includes a 30-MW solar farm and the above-mentioned offshore wind project, has signed a 20-year PPA with Vietnam Electricity. The latter will buy the output of the 30-MW offshore wind park at a tariff of...
first time, aiming for renewable energy to account for about 32% of total primary supply and electricity generation by 2030. The solar development plan (first announced in 2017 and amended in 2020), along with the revised feed-in tariff (FIT) aims to generate up to 18.9 GW (EVN, 2021)...
Zero Percent (0%): This rate is primarily applicable to exported goods and services including goods/services sold to overseas/non-tariff areas, goods processed for export or in-country export (subject to conditions), goods sold to duty-free shops, certain exported services, construction and...