MINISTRY OF INDUSTRY AND TRADE MAY ISSUE RENEWABLE ENERGY PRICE FRAMEWORK IN LATE NOVEMBER

The Ministry of Industry and Trade (MoIT) is expected to complete the appraisal of the new renewable energy price framework on November 25-30, which is a basis for Electricity of Vietnam (EVN) to negotiate the specific price with the investors.

Pham Nguyen Hung, deputy director of the Electricity and Renewable Energy Department shared this information at the workshop themed “Promoting renewable energy market” organised by The Investor Magazine on November 18.

“On October 3, the MoIT issued Circular No.15/2022/TT-BCT providing regulations on the method for formulating power generating tariff ranges for electricity generation of transitional wind and solar power plants,” Hung said.

“The price framework is the basis for EVN to negotiate with the investors of renewable energy projects. To date, there are approximately 4,000MW of transitional wind and solar power sources,” Hung said.

Regarding the projects being operated and enjoying feed-in-tariff, the MoIT will propose the prime minister to issue the document to guide authorities to review the contracts between EVN and investors.

Besides this, the MoIT will propose the prime minister remove Decision No.13/2020/QD-TTg on the mechanism to encourage the development of solar power in Vietnam, and other decisions providing mechanisms to support the development of wind power projects in Vietnam.

Explaining the reason for MoIT’s proposal to remove above these decisions, which means that there will not add any new renewable energy projects to the planning by 2030, Hung said that the latest draft of the Power Development Plan VIII (PDP 8) has added 726MW of concentrated solar power. Over 400MW is completed, 300MW is being installed.

On October 12, the Electricity Trading Company (EVNEPTC) sent an urgent document to 293 units and projects that have signed contracts with EVN to ask them to provide the necessary information and comments about the new price framework and then send it back to EVNEPTC before October 21.

However, by the deadline, 59 units and projects replied and some units and projects submitted details but still lacked some information.

Source: VIR

Related News

BANKING / FINANCE / INSURANCE / TAX

REMITTANCES TO HCM CITY RISE NEARLY 40% IN Q3

Remittances to HCM City reached more than US$2.83 billion in the third quarter of this year, up 39.5 per cent from the previous quarter and 3.6 per cent year-on-year. This was the first quarter showing positive annual growth this year, helping narrow the decline in remittance inflows over the first nine months. According to the State Bank of Vietnam (SBV)’s Regional Branch 2, remittances transferred to HCM City through credit institutions and economic organisations totalled $2.835 billion in Q3, an increase of more than $802 million from the previous quarter.

Oct 21, 2026

TECHNOLOGY

TECH SECTOR GROWTH OPENS UP OPPORTUNITIES FOR VIỆT NAM TO GO GLOBAL

The growth of the electronics, semiconductor and high-tech sectors worldwide is opening up a variety of opportunities for Vietnamese enterprises to integrate more deeply into the global supply chain. However, to become suppliers for these corporations, domestic enterprises must meet rigorous standards regarding quality, technology, productivity and order fulfilment capabilities.

Oct 21, 2026

VIETNAM ECONOMY INVESTMENT

FOREIGN INVESTORS SEEKING A SYNCHRONISED MANUFACTURING ECOSYSTEM

Instead of focusing only on land costs and incentives as usual, foreign investors are seeking a synchronised manufacturing ecosystem, from stable power supply and logistics to shared infrastructure and the convenience of completing residence procedures for experts to serve their long-term investment in the country.

Oct 21, 2026

MEMBER CORNER / PROMOTIONS

SENTRYSAFE FHW40200 – PROTECT YOUR VALUABLES, ENJOY PEACE OF MIND!

Looking for a reliable solution to protect your important documents, cash, and valuables from fire and water damage? Genuine SENTRYSAFE - Reliable protection for your valuables and peace of mind! Contact Sen Wai Vietnam for more information and personalized product recommendations.

Oct 21, 2026

PROPERTY / INDUSTRIAL ZONE

HCM CITY ATTRACTS US$5.7 BILLION INTO EXPORT PROCESSING AND INDUSTRIAL ZONES

HCM City attracted US$5.7 billion in domestic and foreign investment into its export processing and industrial zones during the first nine months of 2026. The figure exceeded the city's full-year target by 31 per cent, highlighting strong momentum in high-quality industrial investment under Resolution No.10-NQ/TW. Total investment reached 131 per cent of the 2026 target of $4.25 billion and represented a 29 per cent increase compared with the same period in 2025, according to the city's Export Processing and Industrial Zones Authority (HEPZA).

Oct 21, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

DONG THAP PROVINCE STEPS UP INDUSTRIAL EXPANSION AND INFRASTRUCTURE CONNECTIVITY

Accelerating public investment, strengthening inter-regional connectivity, and expanding industrial land are helping Dong Thap efficiently bolster competitiveness and drive economic growth. Following the 2025 merger of the former Dong Thap and Tien Giang provinces, the expanded Dong Thap province in the Mekong Delta faces mounting pressure to accelerate infrastructure development and strengthen connectivity among local economic zones, urban areas, industrial parks (IPs), and production centres.

Oct 21, 2026