The government of Vietnam has issued a decree implementing the Law on Electricity, which provides a master plan for investment in electricity development, electricity sale and purchase for large customers (over 1 GWh/month), prices, operation licences and State administration of electricity activities and electricity use. The Decree also provides specific conditions for licences of electricity generation operations, electricity transmission , electricity distribution, electricity wholesale, electricity retail, import/export and other licences.
This Master Plan is updated every five year or in shorter cycles when required. The Ministry of Industry and Trade (MoIT) regulates the methods for setting the two-component electricity prices.The Provincial People’s Committee (PPC) carries out the preparation and approval of a proposal and cost estimate to amend the provincial master plan on electricity development.
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