A different perspective on Vietnam’s economy and doing business in Vietnam. Make sure to  subscribe.

The Power Development Plan 8 Implementation Plan was approved

The Prime Minister issued Decision 262/QD-TTg on April 1 approving an implementation plan put together by the Ministry of Industry and Trade, for the implementation of the Power Development Plan 8–or PDP8–that was approved last year. It essentially goes into the specifics dividing power production aims by region and then listing specific projects.

Of note, there are no specific offshore wind projects listed in the plan. This is despite six  megawatts of offshore wind planned for in the PDP8 by 2030. With wind power projects taking up to 12 years to complete, it looks a lot like the offshore wind target outlined in the PDP8, just a year after its approval, is already out of reach.

get the latest news sent straight to your inbox
New! Vietnam Economic Snapshot
April 2025
Vietnam
Labour Market Report
Q1 2025
Help Wanted: Business Development Manager (Freelance) ​

We’re looking for a self-starting freelance Business Development Manager to help shape and grow the-shiv’s commercial strategy. You’ll be responsible for identifying new revenue opportunities, pitching services, and building partnerships.

Read more...