Vietnam

It maps out the Vietnamese energy sector, including the energy mix; key stakeholders and developments; and the policy and legislative framework governing renewable energy generation. 

The research finds that Vietnam has strong solar potential, as demonstrated by the massive increase in solar capacity between 2019-2020. However, some constraints remain to be addressed through market reform and policymaking.  

While setting out key information for potential investors in Vietnam solar, the report offers a number of policy recommendations to maximise Vietnam’s solar prospects, including:

• ensuring a clear and predictable regulatory framework
• the creation of a new support scheme for solar, and
• streamlining permitting procedures through the creation of a one-stop-shop.

This publication was drafted by SolarPower Europe’s Global Markets workstream. The workstream launched in March 2018 to identify new avenues for worldwide business and cooperation and contribute to the global energy transition. 

Vietnam: Solar Investment Opportunities is the 12th publication in a series of in a suite of free investment reports on global markets with significant solar potential, including Mozambique, Senegal, Côte d’Ivoire, Myanmar, Kazakhstan, India, Tunisia, Latin America, Algeria, and the Middle East.