Interests in Vietnam’s renewable energy sector have been increasing in recent years due to the fact that Vietnam’s demand for power has been increasing rapidly at 10.9% per annum for the last five years and is expected to continue at the rate of 7.51% per annum by 2030. At the moment the country mainly relies on hydropower and coal power plants to support this growth. However, Vietnam has been working towards a sustainable development, in particular the renewable segments with strong potential - solar, wind and biomass energy. To attract investments in this sector, the government has been working on investment incentives and policies, such as mandating feed-in tariff prices, and developing a competitive power market. Investments have been flowing in from both local and foreign investors, each bringing their own strengths in local connections, technology and financial capabilities.Please login to download Report Preview
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