Gwec

A phase of rapid wind power growth is expected to meet the country’s increasing electricity demand, ensure energy security, and deliver socio-economic benefits in pursuit of a renewables-led pathway.

The extension, if could last for several months, is expected to tackle problems caused to investors by the Covid impact.

Without a FiT deadline postponement, these projects will be unable to progress, according to GWEC.

Steep reduction of feed-in-tariff (FIT) is believed to derail investment in new and planned wind projects in Vietnam.

Vietnam's wind power sector is forecast to attract roughly US$4 billion worth of investment by 2025.