The National Energy Master Plan 2021-2030 With A Vision to 2050 Being Approved

On 15 May 2023, the Deputy Prime Minister Tran Hong Ha initialed on the Decision No. 500/QD-TTg (the “PDP-8”). PDP-8 lays down the path for Vietnam’s national electricity development for the period from 2021 – 2030 essentially, with a vision to 2050.

In furtherance to PDP-8 the Ministry of Industry and Trade (MoIT) submitted Report No. 4225/TTr-BCT dated 3rd July 2023 on the National Energy Master Plan, post which the government called for opinions from different ministries and other stakeholders. Following the internal procedures, the Deputy Prime Minister Tran Hong Ha initialed on the Decision No. 893/QA-TTg dated 26th July 2023, laying down the National Energy Master Plan for the period 2021-2030, with a vision to 2050 (the “NEMP”).


Oil and gas, coal, electricity, new and renewable energy with tasks ranging from basic research, exploitation, exploration, production, storage, distribution etc.

Key Objectives


Renewable and New Energy Specific


RE for heat production

  • Promote RE technology using biomass, biogas and solar energy for heat production (“HP”) in industrial, commercial and residential areas.
  • RE sources for HP and co-generation of thermal power to be around 8 – 9 million tons of oil equivalent by 2030 and aim for 17 – 19 million tons by 2050.
  • Increasing the area of solar hot water rigs in commercial service, civil and industrial production to provide around 3.1 million tons of oil equivalent by 2030 and fixed at around 6 million tons by 2050.
  • Biofuels for use to be around 0.28 million tons of oil equivalent by 2030 and aim for 13 million tons by 2050.
  • Biogas for construction volume to be around 60 million m3 by 2030 and aim for 100 million m3 by 2050.

RE for other industries

Gas Industry and LNG Specific

Investment figures

Estimated Land and Sea Surface Demand

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