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ARTICLE · 27 JUNE 2025

Vietnam's PDP8 Gets A Makeover

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On April 15, 2025, just under two years after unveiling the original National Power Development Plan for the 2021–2030 period, with a vision up to 2050...

VietnamEnergy and Natural Resources

On April 15, 2025, just under two years after unveiling the original National Power Development Plan for the 2021–2030 period, with a vision up to 2050 (the “PDP8”)1, the prime minister approved updates to the PDP8 (the “Amended PDP8”)2.

In keeping pace with revised GDP growth ambitions, the Amended PDP8, among other things, significantly increases its targets for the country's power capacity and further emphasizes renewable energy's role in the overall energy mix. Subsequently, the Ministry of Industry and Trade released an implementation plan3 detailing the strategy for executing the Amended PDP8 (the “Implementation Plan”). This article outlines these and other key amendments.

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