Meta Data
Draft: 
No
Revision of previous policy?: 
No
Effective Start Year: 
2015
Effective End Year: 
2030
Scope: 
National
Document Type: 
Other
Economic Sector: 
Energy, Power
Energy Types: 
Power, Renewable
Issued by: 
The Prime Minister of the Socialist Republic of Vietnam
Notes: 
Unofficial translation into English
Overall Summary: 
The Decision of the Prime Minister No. 2068/QD-TTG of 2015 on Development Strategy of Renewable Energy of Vietnam by 2030 with a vision to 2050.
Access
Energy access targets: 
- Increase the total electricity production from RE sources from approx. 58 billion kWh in 2015 to 101 billion kWh in 2020, approx. 186 billion kWh in 2030 and 452 billion kWh in 2050. The share of RE-based electricity in the total national production shall rise from 35% in 2015 to 38% in 2020; 32% in 2030 and 43% in 2050. --- Increase the percentage of households using advanced/highperforming stoves from negligible level at present to approx. 30% in 2020; about 60% in 2025; and from 2030, high-performing/sanitary stoves shall be used by most of rural households.
Clean cooking solutions: 
- Replace biomass-based conventional stoves and low-performing devices with advanced/high-performing items while utilizing traditional biomass for residential and industrial cooking purposes.;----Increase the percentage of households using advanced/high-performing stoves from negligible level at present to approx. 30% in 2020; about 60% in 2025; and from 2030, high-performing/sanitary stoves shall be used by most of rural households.; ---The Ministry of Agriculture and Rural Development (MARD)...[will] [c]oordinate with the [Ministry of Planning and Investment] in applying the improved stove model for better efficiency of biomass-based stoves and development of advanced biogas systems in rural areas, thus moving towards universal use of clean energy in rural areas.
Renewable Energy
RE priorities: 
RE development and use shall be concerted with an expansion of RE industry: Priorities shall be given to rapid expansion of such RE areas of enormous resources and good commercial prospects as wind, solar and biomass power. Necessary measures shall be taken to magnify market demands and strengthen international cooperation for the purpose of technology transfer for stronger development of the equipment manufacturing industry. The pick-up and approaching mastery of available technologies as well as better equipment manufacturing capability and stronger competitiveness in the RE market shall be guaranteed in order to meet market demands in sustainable and stable manners, hence creating favorable conditions for the development of a large-scale RE industry. --- Focus shall be given to proven technologies in the RE field (including hydropower, wind power, solar power, biomass energy and biogas) with a view to generating various RE sources for efficient power supply to the national electricity system and thermal energy for heating needs in production and residential activities. At the same time, emphasis shall also be placed on such new, modern and highly-prospective technologies as the one applied in liquid biofuel production, which is based on the 2nd and 3rd advanced technology. Incentives/support policies shall be matched with the market mechanism: Various economic and financial incentives/support policies shall be exercised to promote the RE development and use, aiming at addressing primary energy shortages and energy supply to rural areas. Market mechanisms and measures shall be established/taken with a view to bringing together capital sources from all economic sectors into the RE growth, contributing to improved technical level of RE technologies, enhancing the development of RE equipment manufacturing industry, continuously improving the competitiveness and moving towards a RE industry, which is expected, via state support policies, to quickly reach its large-scale position. Restructuring and state management capacity building shall come together in the RE field: State management capacity shall be strengthened at central and local levels in terms of the management of development activities and RE utilization. Barriers shall be gradually removed and mechanisms/incentives shall be promulgated to encourage the appropriate RE development for rapid generation of RE sources.
RE targets: 
Most of households shall have electricity in 2020 and access to modern, sustainable and reliable energy services with reasonable electricity selling/energy prices in 2030. --- Contribute to reduced fuel imports for energy purposes: Reduce by approx. 40 million tons of coal and 3.7 million tons of oil products in 2030; approx. 150 million tons of coal and 10.5 million tons of oil products in 2050. - Increase the total production and use of RE sources from approx. 25 million TOE (tons of oil equivalent) in 2015 to 37 million TOE in 2020; approx. 62 million TOE in 2030 and 138 million TOE in 2050; the RE share in total primary energy consumption in 2015 shall be approx. 31.8%; 31% in 2020; 32.3% in 2030 and 44% in 2050. - Increase the total electricity production from RE sources from approx. 58 billion kWh in 2015 to 101 billion kWh in 2020, approx. 186 billion kWh in 2030 and 452 billion kWh in 2050. The share of RE-based electricity in the total national production shall rise from 35% in 2015 to 38% in 2020; 32% in 2030 and 43% in 2050. --- - Scale up the application of biogas technologies with a construction volume of from approx. 4 million m3 in 2015 to 8 million m3 in 2020; approx. 60 million m3 in 2030 and 100 million m3 in 2050. --- - Increase the production of biofuels from approx. 150 thousand TOE in 2015 to about 800 thousand TOE, , i.e. 5% of transport sector’s fuel demand in 2020;3.7 million TOE, i.e. 13% of transport sector’s fuel demand in 2030; 10.5 million TOE, i.e. 25% of transport sector’s fuel demand in 2050. - Promote the development of RE technologies and industries, establish RE industrial systems and increase the proportion of domestically-manufactured equipment value in the RE field up to approx. 30% in 2020 and 60% in 2020; and in 2050, domestic needs for these equipment items shall be essentially met, and a portion of domestically-manufactured equipment items shall be exported to other countries in the region and around the world
RE action plans: 
2. Strategic objectives - Gradually increase the rate of access to clean energy and electricity sources by local people in rural, mountainous, remote and border areas as well as islands: Most of households shall have electricity in 2020 and access to modern, sustainable and reliable energy services with reasonable electricity selling/energy prices in 2030.
RE prioritization, portfolio standards: 
Power generation/distribution entities shall be required to meet Renewable Portfolio Standard (RPS). - For power generation entities that have their installed capacity of larger than 1,000 MW (excluding BOT-invested sources), the proportion of electricity generated from RE sources (excluding hydropower sources of greater-than-30 MW capacity) shall not be less than 3%, 10% and 20% in 2020, 2030 and 2050 respectively. - For power distribution entities that generate/purchase electricity from RE sources and end-use customers who self-generate electricity from RE sources (excluding hydropower sources of greater-than-30 MW capacity), the proportion shall not be less than 5%, 10% and 20% in 2020, 2030 and 2050 respectively. - The MoIT shall determine, on annual basis, the minimum proportion of electricity generated from RE sources by power generation/distribution entities.
Net metering: 
Net-metering mechanism: - End-use customers who are purchasing electricity from the national power system and at the same time able to generate electricity from RE sources for self-assumption purpose shall be entitled to net-metering mechanism. - Power distribution entities shall be responsible for entering into, on the basis of netmetering principle, power purchase agreements with end-use customers who have power installations using RE sources. - The MoIT shall introduce simplified connection processes/procedures in order to encourage the investment by end-use customers; and prescribe valuation method(s) and other necessary commercial agreements to guarantee the balanced benefits for both end-use customers and power distribution/trading entities. - The total production of electricity generated from RE sources by end-use customers shall be incorporated into the power distribution/trading entity’s RPS.
RE capital subsidy, grant, or rebate: 
- Preferential treatment for land: RE development and utilization projects shall be entitled to the exemption/reduction of land use/rental costs as prescribed in the existing laws applicable to projects in the fields of investment priorities
RE reductions in taxes: 
+ Corporate income tax (CIT): the CIT exemption and reduction applicable to RE development and utilization projects shall be the same as to projects in the fields of investment priorities as stipulated in the existing laws on taxes.
Environment
GHG emissions reduction targets: 
reasonable electricity selling/energy prices in 2030. - Develop and utilize RE sources in such a way that contributes to fulfilling the objectives of sustainable environment and development of green economy: + Reduce greenhouse gas emissions in various energy activities as compared with BAU scenario: by approx. 5% in 2020; approx. 25% in 2030 and around 45% in 2050.
Pollution control action plans: 
Organizations/individuals that use fossil fuels for energy purposes shall be required to pay environmental fees for the fuel volume used. A portion of environmental fees collected shall be used for the promotion of RE development and utilization via Sustainable Energy Promotion Fund.
Trade
Import taxes and fee exemptions: 
+ Import duties: RE development and utilization projects shall be exempt from import duties for goods imported to establish project fixed assets; goods imported as raw materials, materials and semi-finished products that are not domestically produced and imported for project’s production purposes under the provisions of the existing laws on export and import taxes.