HO CHI MINH CITY] New policies and forthcoming regulatory updates are giving Vietnam’s developers of renewable energy clearer pathways to sell power directly to large consumers.

These moves push the country towards a market-based system for the generation, sale and purchase of energy from greener sources, and are a key reform aimed at unlocking investment and helping enterprises to meet environmental, social, and governance (ESG) commitments.

The Direct Power Purchase Agreement (DPPA) framework was introduced more than a year and a half ago, but take-up has been modest because energy developers and corporate offtakers (the major consumers of energy) have struggled to agree on pricing, contract terms and legal risks.  


The slow progress has raised concerns because the DPPA scheme is central to Vietnam’s push to scale renewable energy, and to reduce its reliance on both state utility Vietnam Electricity (EVN) and subsidies through the old feed-in tariff (FiT) incentives. 

Industry players are hailing the new policies, specified in Resolution 253 passed last December, as a breakthrough in untangling key bottlenecks; implementation is expected soon, after related decrees are amended to bring them into alignment.

Under these new policies that refine how DPPAs are implemented, electricity prices would be freely negotiated in the private market without being subject to a regulated price cap, particularly in the case of physical, or off-grid, DPPAs using private transmission lines.




Developers have long argued that regulated ceiling tariffs have constrained project viability, particularly for solar power plants, by limiting revenue potential and reducing financial flexibility.

Under the new scheme, “eligible buyers” would also expand beyond large energy consumers to include electricity retailers which can aggregate demand from smaller buyers within their operating areas, such as industrial parks, export-processing zones, urban areas and free-trade zones.

Do Quang Thinh, founder and chief executive of The Sunenergy, a Vietnam-based renewable energy consultancy, said: “These amendments will serve as a major boost, encouraging greater participation from all relevant stakeholders.  



Peter Pan

DPPA n&#224;y &#225;p dụng cho điện năng lượng t&#225;i tạo th&#244;i b&#225;c, tuy nhi&#234;n nghị quyếy 253 n&#224;y c&#243; mục &quot; chuyển ngang gi&#225; kh&#237;&quot; rất c&#243; lợi cho điện LNG, &#225;p dụng từ 1/3/2026...

DPPA này áp dụng cho điện năng lượng tái tạo thôi bác, tuy nhiên nghị quyếy 253 này có mục " chuyển ngang giá khí" rất có lợi cho điện LNG, áp dụng từ 1/3/2026...