Renewable energy in Vietnam given significant boost with approval of National Power Development Plan VIII

5 June 2023

On 15 May 2023, the National Power Development Plan VIII (“PDP8”) was approved in Decision 500/QG-TTg and signed by Deputy Prime Minister Tran Hong Ha.

PDP8 sets out the national electricity development plan for the period of 2021 - 2030, with a vision to 2050. It sets out specific electricity generation goals to be reached by 2025, 2030, and 2050 and prioritises renewable energy.

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