Vientiane solar container related reward and subsidy policy

Does Vietnam have new feed-in tariffs for solar power?

April 2025 | Southeast Asia Impact Alliance Vietnam is taking another step toward modernizing its renewable energy sector by unveiling updated feed-in tariffs (FiTs) for solar power, with a notable emphasis on encouraging battery energy storage systems (BESS).

Can Vietnam have solar and wind expansion without a subsidy?

It is possible to have rapid solar and wind expansion without such an input subsidy, as demonstrated by Vietnam's rooftop solar boom. One interesting point is that Vietnam has been relatively cautious in applying reverse auctions, despite them being popular in the region and further afield.

Should Vietnam implement a feed-in tariff strategy?

Such a strategy would help maintain policy credibility, protect legal certainty, and safeguard long-term energy security for Vietnam. Between 2017 and 2021, Vietnam implemented generous feed-in tariff (FiT) schemes to stimulate investment in renewable energy, particularly solar and wind.

How can fits help the solar industry in Vietnam?

FITs have attracted powerful responses from businesses and have enabled the rapid development of the industry, especially in the case of solar. Vietnam's case sets an example of how the government, the industry, and the public can work together toward a greener growth model.

How is solar energy regulated in Vietnam?

Vietnam’s solar power sector is governed by a number of key regulations and policies aimed at promoting the development of renewable energy while managing the challenges associated with rapid growth.

Does Vietnam need a 2025 Solar Plan?

Notably, the 2025 plan mandates that concentrated solar must include storage (minimum 10 percent of capacity, 2-hour duration), a requirement absent in the 2023 version. Vietnam’s solar panel trade is regulated under Decree 26/2023/ND-CP, which outlines the Schedule of Export Tariffs and Preferential Import Tariffs.