{"id":21138,"date":"2025-05-12T17:31:42","date_gmt":"2025-05-12T10:31:42","guid":{"rendered":"https:\/\/b-company.jp\/?p=21138"},"modified":"2025-05-27T11:55:46","modified_gmt":"2025-05-27T04:55:46","slug":"the-government-has-approved-adjustments-to-the-power-development-plan-8-key-changes-and-assessment","status":"publish","type":"post","link":"https:\/\/b-company.jp\/ja\/the-government-has-approved-adjustments-to-the-power-development-plan-8-key-changes-and-assessment\/","title":{"rendered":"\u653f\u5e9c\u306f\u96fb\u529b\u958b\u767a\u8a08\u753b8\u306e\u8abf\u6574\u3092\u627f\u8a8d\u3057\u305f\uff1a\u4e3b\u306a\u5909\u66f4\u70b9\u3068\u8a55\u4fa1"},"content":{"rendered":"
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B&Company is the first Japanese company specializing in market research and investment consulting in Vietnam since 2008.<\/em><\/p>\n

In this section “Vietnam Briefing”, young researchers of B&Company will provide timely information of Vietnam’s industrial trends, consumer trends, and social movements.<\/em><\/p>\n

This article is written in English and automatic translation is used for other language versions. Please refer to the English version for accurate content. Although we strive to ensure the accuracy of the original information, please check separately for each information. Interpretations and future prospects are the personal opinions of each researcher. <\/em><\/p>\n<\/div>\n\t

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On April 15, 2025, Vietnam’s Prime Minister issued Decision No. 768\/Q\u0110-TTg[1]<\/a>, marking a significant revision to the National Power Development Plan VIII (PDP8). This adjustment reflects Vietnam’s commitment to energy security, economic growth, and its net-zero emissions target by 2050. By understanding these changes, investors can identify new opportunities in Vietnam’s evolving energy landscape.<\/p>\n

Key Changes in Vietnam\u2019s Revised PDP8<\/strong><\/h3>\n

With Vietnam’s rapidly expanding economy and the growing demand for a green transition, the government’s revised PDP8 represents a significant strategic shift from its previous framework. The updated plan introduces more ambitious renewable energy targets, reinstates nuclear power as a long-term option, and places greater emphasis on building a modern and resilient power infrastructure.<\/p>\n

This revision not only broadens the scope of electricity generation targets for 2030 but also significantly raises production goals for 2050. Key sectors affected by these changes include solar power, wind power, liquefied natural gas (LNG) power, and nuclear energy, highlighting the government’s commitment to diversifying energy sources and enhancing long-term energy security.<\/p>\n

Changes between PDP8 and the revised version in 2025<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Sector<\/strong><\/td>\nOriginal PDP8 (2023)<\/strong><\/td>\nRevised PDP8 (2025)<\/strong><\/td>\nTarget changes<\/strong><\/td>\n<\/tr>\n
National Grid<\/strong><\/td>\nCommercial Electricity Output<\/td>\n\u00b7\u00a0\u00a0 2030: 505 billion kWh<\/p>\n

\u00b7\u00a0\u00a0 2050: 1,114 \u2013 1,255 billion kWh<\/td>\n

\u00b7\u00a0\u00a0 2030: 500 – 558 billion kWh<\/p>\n

\u00b7\u00a0\u00a0 2050: 1,238 \u2013 1,375 billion kWh<\/td>\n

Increase<\/td>\n<\/tr>\n
Electricity Generation and Imports<\/td>\n\u00b7\u00a0\u00a0 2030: 567 billion kWh<\/p>\n

\u00b7\u00a0\u00a0 2050: 1,224 \u2013 1,379 billion kWh<\/td>\n

\u00b7\u00a0\u00a0 2030: 500 – 558 billion kWh<\/p>\n

\u00b7\u00a0\u00a0 2050: 1,238 \u2013 1,375 billion kWh<\/td>\n

Decrease<\/td>\n<\/tr>\n
Peak Capacity<\/td>\n\u00b7\u00a0\u00a0 2030: 90,512 MW<\/td>\n\u00b7\u00a0\u00a0 2030: 89,655 \u2013 99,934 MW<\/td>\n–<\/td>\n<\/tr>\n
\u00b7\u00a0\u00a0 2050: 185,187 MW \u2013 208,555 MW<\/td>\n\u00b7\u00a0\u00a0 2050: 205,732 \u2013 228,570 MW<\/td>\nIncrease<\/td>\n<\/tr>\n
Renewable Energy Transition<\/strong><\/td>\nElectricity Generation from Renewable Energy<\/td>\n\u00b7\u00a0\u00a0 2030: Account for 31 \u2013 39% of total electricity generation<\/td>\n\u00b7\u00a0\u00a0 2030: Account for 28 – 36% of total electricity generation<\/td>\nDecrease<\/td>\n<\/tr>\n
\u00b7\u00a0\u00a0 2050: Account for 68 \u2013 72% of total electricity generation<\/td>\n\u00b7\u00a0\u00a0 2050: Account for 74 – 75% of total electricity generation<\/td>\nIncrease<\/td>\n<\/tr>\n
Greenhouse Gas Emissions<\/td>\n\u00b7\u00a0\u00a0 2030: 204 \u2013 250 million tons<\/p>\n

\u00b7\u00a0\u00a0 2050: 27 \u2013 31 million tons<\/td>\n

\u00b7\u00a0\u00a0 2030: 197 \u2013 199 million tons<\/p>\n

\u00b7\u00a0\u00a0 2050: 27 million tons<\/td>\n

Increase<\/td>\n<\/tr>\n
Wind energy<\/strong><\/td>\nOnshore Wind Power<\/td>\n\u00b7\u00a0\u00a0 2030: 21,880 MW<\/td>\n\u00b7\u00a0\u00a0 2030: 26,066 \u2013 38,029 MW<\/td>\nIncrease<\/td>\n<\/tr>\n
Offshore Wind Power<\/td>\n\u00b7\u00a0\u00a0 2030: 6,000 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 70,000 \u2013 91,500 MW<\/td>\n

\u00b7\u00a0\u00a0 2030 – 2035: 6,000 \u2013 17,032 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 113,503 \u2013 139,097 MW<\/td>\n

Increase<\/td>\n<\/tr>\n
Solar energy<\/strong><\/td>\n\u00b7\u00a0\u00a0 2030: 12,836 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 168,594 \u2013 189,294 MW<\/td>\n

\u00b7\u00a0\u00a0 2030: 46,459 \u2013 73,416 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 293,088 \u2013 295,646 MW<\/td>\n

Increase<\/td>\n<\/tr>\n
Biomass Power<\/strong><\/td>\n\u00b7\u00a0\u00a0 2030: 2,270 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 6,015 MW<\/td>\n

\u00b7\u00a0\u00a0 2030: 1,523 \u2013 2,699 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 4,829 \u2013 6,960 MW<\/td>\n

–<\/td>\n<\/tr>\n
Hydropower<\/strong><\/td>\nHydroelectric Power<\/td>\n\u00b7\u00a0\u00a0 2030: 29,346 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 36,016 MW<\/td>\n

\u00b7\u00a0\u00a0 2030: 33,294 \u2013 34,667 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 40,624 MW<\/td>\n

Increase<\/td>\n<\/tr>\n
Pumped Storage Hydropower<\/td>\n\u00b7\u00a0\u00a0 2030: 2,400 MW<\/td>\n\u00b7\u00a0\u00a0 2030: 2,400 \u2013 6,000 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 20,691 \u2013 21,327 MW<\/td>\n

Increase<\/td>\n<\/tr>\n
Nuclear power<\/strong><\/td>\nN\/a<\/td>\n\u00b7\u00a0\u00a0 2030 – 2035: 4,000 \u2013 6,400 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 10,500 – 14,000 MW<\/td>\n

Increase<\/td>\n<\/tr>\n
Thermal Power<\/strong><\/td>\nCoal-Fired Power<\/td>\n\u00b7\u00a0\u00a0 2030: 30,127 MW<\/td>\n\u00b7\u00a0\u00a0 2030: 31,055 MW<\/td>\nIncrease<\/td>\n<\/tr>\n
\u00b7\u00a0\u00a0 2050: 0 MW<\/td>\n\u00b7\u00a0\u00a0 2050: 0 MW<\/td>\n–<\/td>\n<\/tr>\n
Domestic gas-fired<\/td>\n\u00b7\u00a0\u00a0 2030: 14,930 MW<\/p>\n

\u00b7\u00a0\u00a0 2050:<\/p>\n

+\u00a0 Using LNG: 7,900 MW<\/p>\n

+\u00a0 Using Hydro: 7,030 MW<\/td>\n

\u00b7\u00a0\u00a0 2030: 10,861 \u2013 14,930 MW<\/p>\n

\u00b7\u00a0\u00a0 2050:<\/p>\n

+\u00a0 Using LNG: 7,900 MW<\/p>\n

+\u00a0 Using Hydro: 7,030 MW<\/td>\n

–<\/td>\n<\/tr>\n
Biomass and ammoniac<\/td>\n\u00b7\u00a0\u00a0 2050: 25,632 \u2013 32,432 MW<\/td>\n\u00b7\u00a0\u00a0 2050: 25,798 MW<\/td>\nDecrease<\/td>\n<\/tr>\n
LNG-Fired Power<\/td>\n\u00b7\u00a0\u00a0 2030: 22,400 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 20,900 \u2013 29,900 MW<\/td>\n

\u00b7\u00a0\u00a0 2030: 22,524 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 28,663 \u2013 39,717 MW<\/td>\n

Increase<\/td>\n<\/tr>\n
Energy Storage<\/strong><\/td>\n\u00b7\u00a0\u00a0 2030: 300 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 30,650 \u2013 45,550 MW<\/td>\n

\u00b7\u00a0\u00a0 2030: 10,000 \u2013 16,300 MW<\/p>\n

\u00b7\u00a0\u00a0 2050: 95,983 \u2013 69,120 MW<\/td>\n

Increase<\/td>\n<\/tr>\n
Flexible power source<\/strong><\/td>\n\u00b7\u00a0\u00a0 2030: 300 MW<\/td>\n\u00b7\u00a0\u00a0 2030: 2,000 \u2013 3,000 MW<\/td>\nIncrease<\/td>\n<\/tr>\n
\u00b7\u00a0\u00a0 2050: 30,900 \u2013 46,200 MW<\/td>\n\u00b7\u00a0\u00a0 2050: 21,333 – 38,641 MW<\/td>\nDecrease<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source: B&Company\u2019s synthesis from Decision 768\/Q\u0110-TTg and Decision 500\/Q\u0110-TTg <\/em><\/p>\n

In terms of renewable energy power plant projects, the Revised PDP8 also proposes the addition of several new projects to meet Vietnam\u2019s rapidly growing electricity demand.<\/p>\n

Some renewable and clean energy projects added in the revised PDP8<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Sector<\/strong><\/td>\nProject name<\/strong><\/td>\nCapacity<\/strong><\/p>\n

(MW)<\/strong><\/td>\n

Location<\/strong><\/td>\nExpected Operation<\/strong><\/td>\n<\/tr>\n
LNG-Fired Thermal Power<\/strong><\/td>\nLNG Vung Ang III<\/td>\n1,500<\/td>\nHa Tinh<\/td>\n2031-2035<\/td>\n<\/tr>\n
LNG Hai Phong stage I<\/td>\n1,600<\/td>\nHai Phong<\/td>\n2025-2030<\/td>\n<\/tr>\n
LNG Hai Phong stage II<\/td>\n3,200<\/td>\nHai Phong<\/td>\n2031-2035<\/td>\n<\/tr>\n
LNG Hiep Phuoc stage II<\/td>\n1,500<\/td>\nHCM<\/td>\n2025-2030<\/td>\n<\/tr>\n
LNG Long An II<\/td>\n1,500<\/td>\nLong An<\/td>\n2031-2035<\/td>\n<\/tr>\n
LNG Quang Thach III<\/td>\n1,500<\/td>\nQuang Binh<\/td>\n2031-2035<\/td>\n<\/tr>\n
LNG Cong Thanh<\/td>\n1,500<\/td>\nThanh Hoa<\/td>\n2031-2035<\/td>\n<\/tr>\n
Large-scale Hydropower<\/strong><\/td>\nSrepok 3 MR<\/td>\n110<\/td>\nDak Lak<\/td>\n2025-2030<\/td>\n<\/tr>\n
Buon Kuop MR<\/td>\n140<\/td>\nDak Lak<\/td>\n2025-2030<\/td>\n<\/tr>\n
Se San 3,4 MR<\/td>\n130<\/td>\nGia Lai<\/td>\n2025-2030<\/td>\n<\/tr>\n
Thuan My<\/td>\n250<\/td>\nHanoi<\/td>\n2031-2035<\/td>\n<\/tr>\n
Suoi Hung<\/td>\n50<\/td>\nHoa Binh<\/td>\n2025-2030<\/td>\n<\/tr>\n
Ban Chat MR<\/td>\n110<\/td>\nLai Chau<\/td>\n2025-2030<\/td>\n<\/tr>\n
Lai Chau MR<\/td>\n400<\/td>\nLai Chau<\/td>\n2031-2035<\/td>\n<\/tr>\n
Da Kho<\/td>\n50<\/td>\nLam Dong<\/td>\n2031-2035<\/td>\n<\/tr>\n
Bao Ha<\/td>\n75<\/td>\nLao Cai<\/td>\n2025-2030<\/td>\n<\/tr>\n
Thai Nien<\/td>\n75<\/td>\nLao Cai<\/td>\n2025-2030<\/td>\n<\/tr>\n
\u0110a Nhim MR<\/td>\n80<\/td>\nNinh Thuan<\/td>\n2025-2030<\/td>\n<\/tr>\n
A Vuong MR<\/td>\n105<\/td>\nQuang Nam<\/td>\n2031-2035<\/td>\n<\/tr>\n
Son La MR<\/td>\n800<\/td>\nSon La<\/td>\n2031-2035<\/td>\n<\/tr>\n
Huoi Quang MR<\/td>\n260<\/td>\nSon La<\/td>\n2031-2035<\/td>\n<\/tr>\n
Trung Son MR<\/td>\n130<\/td>\nThanh Hoa<\/td>\n2031-2035<\/td>\n<\/tr>\n
Song Lo 9<\/td>\n87<\/td>\nTuyen Quang<\/td>\n2025-2030<\/td>\n<\/tr>\n
Tuyen Quang MR<\/td>\n120<\/td>\nTuyen Quang<\/td>\n2025-2030<\/td>\n<\/tr>\n
Viet Thanh<\/td>\n55<\/td>\nYen Bai<\/td>\n2025-2030<\/td>\n<\/tr>\n
An Binh<\/td>\n65<\/td>\nYen Bai<\/td>\n2025-2030<\/td>\n<\/tr>\n
An Thinh<\/td>\n70<\/td>\nYen Bai<\/td>\n2025-2030<\/td>\n<\/tr>\n
\u0110ak R\u2019lap 1<\/td>\n53<\/td>\nDak Nong, Lam Dong<\/td>\n2031-2035<\/td>\n<\/tr>\n
\u0110ak R\u2019lap 2<\/td>\n68<\/td>\nDak Nong, Lam Dong<\/td>\n2031-2035<\/td>\n<\/tr>\n
\u0110ak R\u2019lap 3<\/td>\n82<\/td>\nBinh Phuoc<\/td>\n2031-2035<\/td>\n<\/tr>\n
Nuclear power<\/strong><\/td>\nNinh Thuan 1<\/td>\n2,000 \u2013 3,200<\/td>\nNinh Thuan<\/td>\n2030 – 2035<\/td>\n<\/tr>\n
Ninh Thuan 2<\/td>\n2,000 \u2013 3,200<\/td>\nNinh Thuan<\/td>\n2030 – 2035<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source: B&Company\u2019s synthesis from Decision 768\/Q\u0110-TTg, appendix III.1<\/em><\/p>\n

In addition, the Revised PDP8 introduces several new medium and small-scale hydropower projects and outlines plans to allocate additional wind power plants across various provinces, including Son La, Dien Bien, Bac Kan, Yen Bai, Quang Ninh, and others. Notably, the decision also calls for the deconstruction of several solar power plants that have severely deteriorated and are no longer aligned with current energy development needs. At the same time, the government has approved the renovation and upgrading of existing electricity generation facilities and renewable energy plants in various provinces across the country.<\/p>\n

Alongside power generation planning, the government is also prioritizing the expansion of the national power grid. This includes specific directions to upgrade and expand existing infrastructure, develop new 500 kV and 220 kV transmission lines, and construct new HVDC converter stations and high-voltage substations across all three regions of Vietnam.<\/p>\n

Conclusion<\/strong><\/h3>\n

The Government is substantially raising renewable energy targets, reintroducing nuclear power, prioritizing energy storage, and including various clean energy projects through the Revised PDP8. With a clear focus on expanding various forms of clean energy, Vietnam is actively working toward its net-zero emissions goal by 2050, positioning itself as a frontrunner in Asia\u2019s clean energy transition.<\/p>\n

[1]<\/a> The Government Portal (2025). Decision No. 768\/QD-TTg: Approval of the Revised National Power Development Plan for the Period 2021\u20132030, with a Vision to 2050 <Access<\/a>><\/p>\n

\u00a0<\/strong><\/p>\n

* If you wish to quote any information from this article, please kindly cite the source along with the link to the original article to respect copyright.<\/em><\/p>\n\n\n\n
B&Company<\/em><\/strong><\/p>\n

The first Japanese company specializing in market research in Vietnam since 2008. We provide a wide range of services including industry reports, industry interviews, consumer surveys, business matching. Additionally, we have recently developed a database of over 900,000 companies in Vietnam, which can be used to search for partners and analyze the market.<\/p>\n

Please do not hesitate to contact us if you have any queries.<\/p>\n

info@b-company.jp<\/em><\/a>\u00a0+ (84) 28 3910 3913<\/strong><\/em><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

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