Key Steps for Obtaining an IRC Certificate in Vietnam

  Contents Overview: Introduction to IRC Investment Registration Certificate Situations Necessitating an IRC Certificate Application File and Procedure for IRC Criteria for IRC Issuance Details within the IRC Certificate Authorities Issuing IRC Certificates An IRC investment registration certificate acts as a fundamental legal instrument, documenting an investor’s project registration in Vietnam and affirming their lawful […]

Decree 80/2024/ND-CP – A New Chapter in Vietnam’s Renewable Energy Policies

1. Overview of Decree 80/2024/ND-CP Decree 80/2024/ND-CP lays the foundation for Vietnam’s renewable energy development, focusing on the Direct Power Purchase Agreement (DPPA) mechanism. It enables large electricity consumers to directly purchase renewable energy, bypassing intermediaries, and supports Vietnam’s commitment to sustainable energy transitions. 2. Key Provisions of Decree 80/2024/ND-CP Eligibility for DPPA Participation: Consumers […]

Renewable Energy DPPA – A Green Revolution in Vietnam

1. What is Renewable Energy DPPA? The Renewable Energy Direct Power Purchase Agreement (DPPA) allows businesses to purchase electricity directly from renewable energy producers, such as solar or wind farms. This innovative mechanism bypasses traditional utility models, enabling cost-effective, sustainable energy solutions. 2. Key Benefits of Renewable Energy DPPA Cost Efficiency: Renewable energy offers competitive […]