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A breakthrough mechanism for energy development.

(PLVN) - Many "bottlenecks" in energy development or overlapping regulations that prolonged the investment time for power projects have been resolved. This brings expectations that the period from 2026 to 2023 will see a breakthrough in power source investment, aiming to ensure energy security for double-digit growth targets.

Báo Pháp Luật Việt NamBáo Pháp Luật Việt Nam26/01/2026

According to many experts, Resolution 55/NQ-TW dated February 11, 2020, of the Politburo on the orientation of the national energy development strategy of Vietnam until 2030, with a vision to 2045, is a breakthrough in energy development.

Nevertheless, in practice, shortcomings still exist, such as untimely resource mobilization mechanisms; inflexible planning adjustments; and cumbersome and complex administrative procedures. Meanwhile, a difficult-to-address bottleneck is that the current Planning Law lacks flexible adjustment mechanisms, leading to many energy projects being unable to update or adjust in a timely manner, seriously affecting implementation progress.

Therefore, Resolution 70/NQ-TW dated August 20, 2025, on ensuring national energy security until 2030, with a vision to 2045 (Resolution 70) has addressed these shortcomings. Recently, the National Assembly issued Resolution 253/2025/QH15 on mechanisms and policies for national energy development in the period 2026-2030 (Resolution 253) to put the important decisions in Resolution 70 into practice.

At the forum "Realizing the goals of Resolution 70 of the Politburo on ensuring national energy security," Mr. Nguyen Manh Cuong - Planning and Development Department, Electricity Department ( Ministry of Industry and Trade ) stated that one of the most important new points of Resolution 253 is the mechanism for adjusting and updating energy development plans. This adjustment is carried out according to the principle of not changing the overall perspective and objectives of the plan, and not increasing the total installed capacity according to the approved power source structure.

Specifically, Resolution 253 allows for adjustments and updates to the planning in certain specific cases. Accordingly, updates are made based on agreements between the Vietnamese Government and partner countries, especially in the context of Vietnam's ongoing grid interconnection with several countries in the region; it allows for adjustments to power generation projects, including renewable energy and battery storage… Furthermore, Resolution 253 permits the addition of power generation projects to replace those that are behind schedule or not being implemented, avoiding the situation of reserving planned space without execution.

Another groundbreaking new feature of Resolution 253 is the mechanism for investing in and constructing power grid projects. Accordingly, power grid investment and business projects included in the power development plan and provincial planning do not have to go through the procedure of approving investment policies, thereby significantly shortening the project preparation time.

Furthermore, Resolution 253 also expands the scope of participation in the direct electricity trading mechanism to include industrial parks, economic zones, high-tech zones, urban areas, and free trade zones. The price of electricity purchase and sale contracts is mutually agreed upon by the parties, respecting the rights of buyers and sellers. Representatives of the Energy Association believe that this mechanism has created more space for the market to operate according to supply and demand signals, which will help resolve the issue of many renewable energy sources that have been shut down due to decreased electricity consumption.

Another point that has addressed many current shortcomings is the overlapping of regulations, which leads to confusion among state agencies and businesses regarding which regulations to follow. Resolution 253 clearly stipulates: "In case of discrepancies between Resolution 253 and other laws, the provisions of the resolution shall take precedence, unless the new legal document offers greater advantages."

Representatives of the Vietnam Energy Association assessed that the practical implementation of energy projects in recent years has shown that complex investment procedures and overlapping management are major obstacles. Resolution 253 has gradually removed these "bottlenecks" by granting more flexibility to the Government, strengthening the bidding mechanism, and simplifying some price management tools.

In addition, the Resolution also allows the private sector and businesses to participate in the development of small modular nuclear power systems, thereby gradually integrating this new energy source into the system with higher levels of safety and accessibility.

Many experts believe that Resolution 253 has created a favorable policy framework to attract diverse resources from various economic sectors to invest in the energy sector. At the same time, the Resolution contributes to shortening project implementation time, increasing dynamism and flexibility in power grid development, and especially diversifying energy supply sources.

Source: https://baophapluat.vn/co-che-dot-pha-cho-phat-trien-nang-luong.html


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