Vietnam''s Promising Solar Energy Expansion and
Vietnam''s Eighth National Power Development Plan (PDP 8), released in 2023, emphasizes the expansion of rooftop solar, particularly
Vietnam's solar power sector is governed by a number of key regulations and policies aimed at promoting the development of renewable energy while managing the challenges associated with rapid growth.
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Vietnam is now developing a competitive bidding mechanism for solar energy to improve grid efficiency, promote competition, and ensure a stable energy supply, but it's currently in the works and hasn't been implemented yet. As such, Vietnam has been in a transition phase since the end of the FiT policy.
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