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ARTICLE · 14 SEPTEMBER 2022

Vietnam's Energy Market – Power Development Plan 8 Update

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The Standing Committee of the Government on Electricity Development Planning, chaired by Vietnam Prime Minister Pham Minh Chinh, recently issued Notice 277/TB-VPCP (Notice 277)...

VietnamEnergy and Natural Resources

The Standing Committee of the Government on Electricity Development Planning, chaired by Vietnam Prime Minister Pham Minh Chinh, recently issued Notice 277/TB-VPCP (Notice 277) providing an update as to the issues impacting the drafting and finalisation of Power Development Plan 8 (PDP8).

PDP8, Vietnam's primary energy planning instrument for the period 2021-2030 with a vision to 2045, remains in draft form with final approval by the Office of the Government and the Prime Minister still pending. PDP8 was originally to be issued in early 2021 but has undergone several rounds of revision based on extensive public and private stakeholder consultation, with numerous draft versions issued by the Ministry of Industry and Trade (MOIT) over the past 18 months.

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