Vietnam approves amended National Power Development Plan VIII
Vietnam has officially approved the amended National Power Development Plan VIII (PDP VIII) for the 2021-2030 period, with a long-term vision extending to 2050. This revision, under Decision 768/QD-TTg, replaces the previous version (Decision 500/QD-TTg) and responds to the country’s growing electricity demand and its commitment to achieving net-zero emissions by 2050. The revised plan addresses Vietnam’s rapid economic growth, with the aim to support annual average GDP growth of 10% between 2026 and 2030,…