Amended implementation scheme for Vietnam Power Development Plan VIII
The Vietnamese government has amended the implementation scheme for the National Power Development Plan VIII (PDP VIII), with many adjustments in terms of power generation and transmission line projects.

A wind farm in central Vietnam. Photo by The Investor/Nguyen Tri.
The new Decision 1682, signed by Deputy Prime Minister Bui Thanh Son on December 28, is an update to Decision 262 dated April 1, 2024, which guides the execution of the PDP VIII for the period 2021-2030, with vision until 2050.
Below are the adjustments, including the starting operation time of projects.
Onshore and nearshore wind power projects
- The 47 MW Xuyen Moc nearshore wind power plant project phase 2 in the southern province of Ba Ria-Vung Tau: 2026-2030
- The 130 MW Thien Long Ngan Son wind power plant in the northern mountainous province of Bac Kan: 2026-2030
- The 4.2 MW VPL Ben Tre wind power plant phase 1 in the Mekong Delta province of Ben Tre: 2023-2025
- The 143 MW Van Canh Binh Dinh wind power plant in the south-central province of Binh Dinh: 2026 - 2030
Large or medium hydropower plants
The 84 MW Dak Mi 1 hydropower plant in the Central Highlands province of Kon Tum: 2026-2030
Pumped storage hydropower projects
The 1,200 MW Bac Ai pumped storage hydropower plant in the south-central province of Ninh Thuan: 2026-2030
Flexible power plant projects
The 300 MW flexible power plant in the northern province of Ninh Binh: 2026-2030
Biomass power projects
- The 50 MW An Giang 1 biomass power plant in the Mekong Delta province of An Giang: 2026-2030
- The 20 MW Nui To I biomass power plant in An Giang: 2026-2030
- The 35 MW Bac Kan 1 biomass power plant in the northern mountainous province of Bac Kan: 2026-2030
- The 10 MW Dong Thap biomass power plant in the Mekong Delta province of Dong Thap: 2026-2030
Waste-to-power projects
- The 25 MW Bac Giang power generation and waste treatment plant in the northern province of Bac Giang: 2026-2030
- The 15 MW Long My waste power plant phase 1 in the south-central province of Binh Dinh: 2023-2025
- The 90 MW Soc Son waste power plant project in Hanoi: 2024-2025
Battery storage system
- The 7 MW pilot battery storage system in the south-central province of Khanh Hoa: 2026-2030
Apart from some adjustments to the timeline of small hydropower plant projects, other contents are the same as the old Decision 262 dated April 1, 2024, according to the government's news portal.
- Read More
Fund inflows help stabilize Vietnam's stock market: analyst
As fund inflows are typically long-term investments, they play a key role in stabilizing Vietnam's stock market and preventing sharp fluctuations, according to Nguyen Duy Anh, Chartered Financial Analyst (CFA) at Vietcombank Fund Management Co., Ltd. (VCBF).
Finance - Thu, March 27, 2025 | 8:30 am GMT+7
VSIP begins work on industrial park project in northern Vietnam province Thai Binh
Construction of the Vietnam-Singapore Industrial Park (VSIP) Thai Binh commenced on Wednesday in northern Vietnam, with the witness of Vietnamese Prime Minister Pham Minh Chinh and his Singaporean counterpart Lawrence Wong.
Industrial real estate - Wed, March 26, 2025 | 10:41 pm GMT+7
Vingroup starts building mega urban project in Vietnam's Mekong Delta
Vietnam’s leading private conglomerate Vingroup on Wednesday embarked on construction of the VND28 trillion ($1.1 billion) Vinhomes Green City, the first mixed-use urban development in its ecosystem in the Mekong Delta province of Long An.
Real Estate - Wed, March 26, 2025 | 10:11 pm GMT+7
Indonesia, China cooperate in digital technology
Indonesia and China are expanding cooperation in the field of AI to promote digital transformation, especially in the fields of agriculture and smart cities.
Southeast Asia - Wed, March 26, 2025 | 10:01 pm GMT+7
Indonesia decides to join BRICS New Development Bank
Indonesian President Prabowo Subianto has announced the Government's decision to become a member of the New Development Bank (NDB), a multilateral development bank established by the five founding member states of the BRICS group.
Southeast Asia - Wed, March 26, 2025 | 9:57 pm GMT+7
Major Vietnamese broker SHS to double charter capital
Saigon-Hanoi Securities Corporation (SHS) plans to issue 894 million shares to increase its charter capital from VND8.13 trillion to VND17.07 trillion ($667.6 million), making it one of the top three securities firms in term of charter capital.
Companies - Wed, March 26, 2025 | 8:30 pm GMT+7
Elon Musk company okayed to pilot Starlink satellite internet service in Vietnam
Vietnam has allowed the U.S.'s SpaceX to pilot Starlink low-orbit satellite internet service in the country on a pilot basis until January 1, 2031.
Industries - Wed, March 26, 2025 | 5:18 pm GMT+7
Danish toymaker Lego to open $1.3 bln Vietnam plant next month
Denmark's Lego will officially open its factory in VSIP III Industrial Park in Vietnam's southern province of Binh Duong on April 9.
Industries - Wed, March 26, 2025 | 4:18 pm GMT+7
Top Singaporean firms earn high incomes in Vietnam
Singapore is the second-biggest foreign investor in Vietnam, with over $84 billion in registered investment capital as of end-January and many prominent investors raking in high incomes.
Companies - Wed, March 26, 2025 | 3:45 pm GMT+7
Vietnam, Singapore ink significant deals in Hanoi
Vietnamese Prime Minister Pham Minh Chinh and his Singaporean counterpart Lawrence Wong on Wednesday witnessed the signing of many cooperation deals between agencies and enterprises of the two countries.
Economy - Wed, March 26, 2025 | 2:51 pm GMT+7
Vietnam's major policies are reshaping economic development
Major policies are reshaping Vietnam's approach to economic development, which focuses on science, technology, and private enterprises, said a leader at the Vietnam Chamber of Commerce and Industry (VCCI).
Economy - Wed, March 26, 2025 | 12:11 pm GMT+7
PM okays over $10 bln urban area project in central Vietnam
The over VND260.3 trillion ($10.16 billion) Cam Lam New Urban Area project in the south-central province of Khanh Hoa has received in-principle approval from Prime Minister Pham Minh Chinh.
Real Estate - Wed, March 26, 2025 | 8:58 am GMT+7
S Korea's KIM Fund raises stake in Vietnam's marine transportation firm VIPCO
South Korea’s KIM Fund has increased its stake in Hai Phong city-based Vietnam Petroleum Transport JSC (VIPCO, HoSE: VIP) to 2.73%, making it the latter’s second-largest shareholder.
Companies - Wed, March 26, 2025 | 8:30 am GMT+7
Vietnam, Singapore seek cooperation chances in semiconductor industry
The Vietnam Trade Office in Singapore, in collaboration with the Singapore Semiconductor Industry Association (SSIA), organized a hybrid seminar on Monday to introduce Vietnam's potential, advantages, and development strategies for the semiconductor industry.
Southeast Asia - Tue, March 25, 2025 | 10:55 pm GMT+7
OV intellectuals in UK suggest blueprint for Vietnam’s int’l financial hub ambition
Vietnam can rise as a major international financial centre, both regionally and globally, with a strategic vision that highlights transparency, a skilled workforce, modern infrastructure, robust financial markets, and strong international branding, the Vietnam Intellectual Society in the UK and Ireland (VIS) told visiting Vietnamese Permanent Deputy Prime Minister Nguyen Hoa Binh in a recent meeting.
Southeast Asia - Tue, March 25, 2025 | 10:55 pm GMT+7
Vietnam Deputy PM discusses financial center development with ECB
Vietnam's Standing Deputy Prime Minister Nguyen Hoa Binh on Monday met with representatives of the European Central Bank (ECB) to discuss plans for the establishment of financial centers in Vietnam, as part of his working visit to Germany – the final stop in his European tour.
Southeast Asia - Tue, March 25, 2025 | 10:52 pm GMT+7