Following the resolutions of the National Assembly and Government of Vietnam for implementation of transitional provisions of the new Master Planning Law, the Ministry of Industry and Trade (MOIT)'s Party Committee recently issued Resolution No. 21 setting out principles, policies and processes for inclusion of power and energy projects into the master plan.1
Resolution No. 21 sets specific orders of priority for the MOIT and other governmental agencies' reviews and approvals for numerous newly proposed projects applying for inclusion in the master plans. Resolution No. 21 makes the master plan approval process more selective in terms of energy sources, power generation technologies and characteristics of specific projects such as their location, grid connection plan, development progress and scale, among other factors. These rules may have significant impacts on private developers of different types of projects newly proposed or being developed but pending final approval of inclusion in the master plans, from renewables (wind, hydro, biomass, waste-to-energy) power projects to conventional (LNG-to-power) projects.