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Vietnam to promote household solar power generation

The Saigon Times

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HCMC – A Government decree is being drafted to promote energy self-sufficiency by allowing households to generate solar energy for self-consumption, Deputy Prime Minister Tran Hong Ha said today, June 6.

At the Q&A session at the ongoing National Assembly sitting, NA Deputy Tran Nhat Minh from Nghe An Province expressed concerns about power supply stability in northern Vietnam. He noted that foreign investors, particularly those in the high-tech and semiconductor manufacturing sectors, are worried about the reliability of electricity supply, especially for direct renewable energy purchases.

Deputy PM Ha acknowledged that the power shortages in the northern region in 2023 disrupted production.

He said that the Government is speeding up work on projects to deal with possible power shortfalls in northern Vietnam, including the rapid construction of a 500 kV transmission line which is expected to be up and running by the end of June.

He also noted that the semiconductor sector requires substantial investment. Producing semiconductor chips needs an investment of up to US$7 billion, necessitating the involvement of both the state and enterprises, said Ha.

The Government will invest in technology centers to support research and innovation, crucial for advancing the semiconductor industry.

During the session, National Assembly deputies asked Ha about leveraging Vietnam’s potential to attract semiconductor investors. Ha highlighted Vietnam’s fast digital economy growth, comprehensive university programs on semiconductor technology, and a significant workforce abroad with relevant experience. He expressed confidence in Vietnam’s ability to integrate into the global semiconductor industry.

Ha emphasized the need for training engineers with foundational knowledge to participate in design, packaging, and quality control in the semiconductor industry. He also called for policies to engage Vietnamese experts working overseas in this field.

Attracting electronics companies that use semiconductor chips is a step towards building a high-tech electronics industry.

The Government plans to support businesses and select universities to establish semiconductor technology centers, investing in modern laboratories for design, production, and testing.

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