With several key adjustments, Government Decree 57 is regarded by experts as a timely “upgrade,” addressing limitations, expanding participation, and increasing flexibility for the Direct Power Purchase Agreement (DPPA) mechanism. What changes does Decree 57 introduce? Are these new provisions truly a “boost” to a competitive electricity market in Vietnam? Decree 57 replaces Decree 80 The DPPA mechanism is seen as a breakthrough in Vietnam’s clean energy sector. For the first time, under Decree 80/2024/ND-CP, large electricity-consuming enterprises could sign direct contracts with renewable energy producers, instead of going through Vietnam Electricity Group (EVN). Upon its issuance, Decree 80 was expected to trigger a new wave of investment, encourage renewable energy development, and pave the way for a competitive and transparent electricity market. However, obstacles have emerged in the implementation process. After nearly nine months in effect, Decree 80 was replaced by Decree 57/2025/ND-CP. This article will analyze eight key highlights of Decree 57, compare them with the previous regulations in Decree 80, and discuss its potential to drive a greener, freer, and more sustainable electricity market. Key considerations when applying Decree 57 In addition to these changes, businesses seeking to make the most of the DPPA mechanism must closely […]
With several key adjustments, Government Decree 57 is regarded by experts as a timely “upgrade,” addressing limitations, expanding participation, and increasing flexibility for the Direct Power Purchase Agreement (DPPA) mechanism. What changes does Decree 57 introduce? Are these new provisions truly a “boost” to a competitive electricity market in Vietnam? Decree 57 replaces Decree 80 The DPPA mechanism is seen as a breakthrough in Vietnam’s clean energy sector. For the first time, under Decree 80/2024/ND-CP, large electricity-consuming enterprises could sign direct contracts with renewable energy producers, instead of going through Vietnam Electricity Group (EVN). Upon its issuance, Decree 80 was expected to trigger a new wave of investment, encourage renewable energy development, and pave the way for a competitive and transparent electricity market. However, obstacles have emerged in the implementation process. After nearly nine months in effect, Decree 80 was replaced by Decree 57/2025/ND-CP. This article will analyze eight key highlights of Decree 57, compare them with the previous regulations in Decree 80, and discuss its potential to drive a greener, freer, and more sustainable electricity market. Key considerations when applying Decree 57 In addition to these changes, businesses seeking to make the most of the DPPA mechanism must closely […]
With several key adjustments, Government Decree 57 is regarded by experts as a timely “upgrade,” addressing limitations, expanding participation, and increasing flexibility for the Direct Power Purchase Agreement (DPPA) mechanism. What changes does Decree 57 introduce? Are these new provisions truly a “boost” to a competitive electricity market in Vietnam? Decree 57 replaces Decree 80 The DPPA mechanism is seen as a breakthrough in Vietnam’s clean energy sector. For the first time, under Decree 80/2024/ND-CP, large electricity-consuming enterprises could sign direct contracts with renewable energy producers, instead of going through Vietnam Electricity Group (EVN). Upon its issuance, Decree 80 was expected to trigger a new wave of investment, encourage renewable energy development, and pave the way for a competitive and transparent electricity market. However, obstacles have emerged in the implementation process. After nearly nine months in effect, Decree 80 was replaced by Decree 57/2025/ND-CP. This article will analyze eight key highlights of Decree 57, compare them with the previous regulations in Decree 80, and discuss its potential to drive a greener, freer, and more sustainable electricity market. Key considerations when applying Decree 57 In addition to these changes, businesses seeking to make the most of the DPPA mechanism must closely […]
HCMC – Prime Minister Pham Minh Chinh has urged Pacifico Energy, a U.S.-based energy firm, to increase investments and partnerships in Vietnam’s clean energy...
HCMC – The Ministry of Industry and Trade has proposed postponing offshore wind power development until after 2030, shifting away from an earlier goal...
HCMC – Ten renewable energy projects in the Central Highlands province of Gia Lai remain stalled due to regulatory issues.
The affected projects include five...
As the United States and Vietnam mark the first anniversary of their Comprehensive Strategic Partnership and 30 years of the normalization of relations, Arun...