VIETNAM – BREAKING NEWS – PDP8 Published! THE POWER DEVELOPMENT PLAN VIII IS FINALLY HERE

1. VIETNAM – BREAKING NEWS – PDP8 Published! THE POWER
DEVELOPMENT PLAN VIII IS FINALLY HERE
After more than 2 years of consultation, the long-awaited Power Development Plan VIII
(PDP8) has finally been approved on 15 May 2023 by Deputy Prime Minister Tran Hong Ha
under Decision No. 500/QD-TTg. The approval of PDP8 will heavily influence the
development of green energies in Vietnam and guide Vietnam toward the objective of reaching
net-zero emissions by 2050. PDP8 will also have an impact on the adoption of the use of green
energy technologies for both industrial and non-industrial applications. At a glance, USD134.7
billion is the total investment for the development of energy plans for the period from 2021 to
2030.
Currently, we are conducting in-depth research and analysis on the PDP8 and more detailed
information of the PDP8 will be updated by us in the coming day to keep you informed.
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Please do not hesitate to contact Dr. Oliver Massmann at omassmann@duanemorris.com in
case you need more analysis on the PDP8. Dr. Oliver Massmann is the General Director of
Duane Morris Vietnam LLC.