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
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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