Wind Energy in Vietnam

 

 

 

Wind Energy in Vietnam

March 2015

 

 

Grünkorn & Partner Law Co., Ltd.
3rd floor Viconship Building
6-8 Doan Van Bo Street
Hoi Chi Minh City
Vietnam

 

Tel.: +84 8 6261 8231

Fax: +84 8 6261 8218

E.: [email protected]

Table of Contents

 

 

 

List of tables……………………………………………………………………………………….III
1. Introduction to Vietnam……………………………………………………………………1
2. Wind Energy in Vietnam……………………………………………………………………1
2.1 Wind Energy Potential ………………………………………………………………….. 1
2.2 Demand for Wind Energy ……………………………………………………………. 3
2.3 Support for Investments in Wind Energy ……………………………………… 3
2.3.1 Buying Guarantee……………………………………………………………………… 4
2.3.2 Tax and related Benefits…………………………………………………………… 4
2.4 Legal Framework…………………………………………………………………………. 5
2.4.1 Investment Certificate of the Business Entity……………………………. 5
2.4.2 Compliance of the Project with the National and Provincial
Planning …………………………………………………………………………………………… 5
2.4.3 Procedure for investment ………………………………………………………… 6
2.4.4 Contract on Connecting to Grid and selling Electricity ………………. 8
2.4.5 Construction permit………………………………………………………………….. 9
2.4.6 Electricity Operation Permit………………………………………………………. 9
2.4.7 Withdrawal of the Investment Certificate………………………………… 10
3. Conclusion …………………………………………………………………………………….10
4. Disclaimer……………………………………………………………………………………..10

 

List of tables

Table 1: Estimation of the developable wind resource potential of Vietnam and the potential
wind plant capacity…………………………………………………………………………………… 2

 

List of abbreviations

 

CIRCULAR 32 Circular 32/2012/TT-BTC dated 12 November 2012 issued by The Ministry of Industry and Trade on implementation of wind power projects development and Standardized Power Purchase agreement for wind power projects

DECISION 37 Decision No. 37/2011/QD-TTg dated 29 June 2011 by the Prime Minister of Government

EVN      Vietnam Electricity

KM2     Square kilo meter

KWH    Kilowatt-hour

M          Meter

M/S      Meter per second

MOIT    Ministry of Industry and Trade

MW       Mega Watt

USD      United States Dollar

VAT      Value added tax

VND      Vietnamese Dong

 

 

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