Vietnam Consults Decree Guiding Implementation of Mechanisms and Policies for National Energy Development in 2026 – 2030 period 
On 13 January 2026, the draft Decree detailing a number of articles and measures to organize and guide the implementation of Resolution No. 253/2025/QH15 on mechanisms and policies for national energy development for the 2026–2030 period was published for public consultation.
The draft Decree introduces several regulations and procedures for the development of offshore wind power projects.
Regulations on eligibility conditions for surveying entities and enterprises preparing dossiers for approval of investment policy for offshore wind power projects
The draft supplements a number of criteria regarding the capacity of survey-proposing entities and enterprises preparing dossiers for approval of investment policy, in order to ensure that offshore wind power projects are implemented by capable and reputable investors.
For survey-proposing entities:
- Having a minimum charter capital of VND 5,000 billion;
- Having directly invested or contributed capital to the development of at least one (01) energy project (with a total investment capital of not less than VND 10,000 billion) that has been put into operation (within the most recent five (05) years), in which the entity’s capital contribution accounts for at least 5% of the total investment capital of the project; or having carried out at least one of the following activities: project management or construction of an offshore wind power project;
- The above conditions shall not apply to consultancy entities providing survey services for offshore wind power projects, except where such entities directly conduct the survey activities themselves.
For enterprises preparing dossiers for investment policy approval
- Having a minimum charter capital of VND 5,000 billion;
- Having equity capital of not less than 20% of the total investment capital for each proposed offshore wind power project (excluding capital already disbursed for projects under implementation and other long-term financial investments).
Mechanism for handling costs of survey activities and preparation of dossiers for investment policy Approval
In cases where a wholly State-owned enterprise (Enterprise A) is assigned to conduct survey activities:
- Where Enterprise A has conducted the survey but does not participate in project implementation: The investor shall reimburse Enterprise A for the entire survey cost within thirty (30) days from the date on which it is approved as the project investor.
- Where Enterprise A has conducted the survey and contributes capital to the project within the surveyed area: Co-investors shall reimburse Enterprise A for the survey costs in proportion to their respective capital contribution ratios as specified in the dossier for approval of the investment policy, prior to being approved as project investors.
- Where the project is not implemented: Such costs shall be accounted for as production and business expenses of Enterprise A.
Dossier for Application for investment policy approval for power projects selling electricity to the national grid under the Power Development Plan
| Dossier | Projects scheduled for operation in 2025 – 2030 | Projects scheduled for operation in 2031 – 2035 |
|---|---|---|
| Contents as required under investment laws | Yes | Yes |
| Contents required under construction laws in cases where a pre-feasibility study report is required | Yes | Yes |
| Proposed area, location of the sea area to be used for survey activities, and the survey implementation period | Yes | No |
| Study data or data collected for the area proposed for project implementation | Yes | No |
| Actual data from the sea area allocated for offshore wind power survey activities | No | Yes |
| Proposed level of electricity price reduction (VND/kWh) compared to the ceiling price under the price framework in the year of power purchase agreement (PPA) negotiation. | Yes | Yes |
| The project investment location, as identified in the feasibility study report, which falls within the sea area allocated for survey use as approved in the dossier for approval of investment policy | Yes | No |
| Written approval of the location of the capacity aggregation/collection point for the offshore wind power project | No | Yes |
| Proposed project implementation milestones | Yes | Yes |
| Documents evidencing the enterprise’s capacity in accordance with applicable regulations | Yes | Yes |
Conclusion
The draft Decree gradually addresses existing difficulties and inconsistencies in the implementation of offshore wind power projects, thereby paving the way for private sector participation in investment and accelerating the implementation of offshore wind power projects in line with national renewable energy development policies.
View the full text of the Draft Decree at the link below:
