Electricity Vietnam

The price could be adjusted annually to align with the development of the grid.

The Government’s stance is to encourage all forms of renewable energy, not just wind and solar.

The draft decree stipulates that buyers must be organizations or individuals using electricity for production from a voltage level of 22 kV or higher, with an average monthly consumption of 500,000 kWh.

By 2030, Vietnam will require an annual investment of approximately $11.3 billion-$13.5 billion in power source and grid projects.

The northern region faces an intensifying heatwave, projected to persist until July 12.