The Ministry of Industry and Trade has proposed that the Prime Minister direct Vietnam Electricity (EVN) to urgently resolve the obstacles and reach agreements with investors involved in wind and solar power projects.

Power Development Plan VIII prioritizes eight key projects to stabilize Vietnam’s energy future through 2030.

Over 100 renewable energy projects in Vietnam face financial risks as EVN enforces temporary pricing policies, prompting investor backlash and legal threats.

A draft decree from the Ministry of Industry and Trade proposes frequent electricity price adjustments and a higher return on equity for Electricity of Vietnam (EVN), setting the stage for a dramatic financial recovery.