HIGHLIGHTS OF DECREE 58/2025 ON THE DEVELOPMENT OF RENEWABLE AND NEW ENERGY POWER


The Government issued Decree No. 58/2025/ND-CP on 03 March 2025, focuses on mechanisms to promote rooftop solar power, offshore wind power, and other renewable energy power. This is a strategic step, clearly demonstrating Vietnam's determination to accelerate the global energy transition, towards sustainable development and technology mastery in the field of clean energy.

🌟Some notable points of this Decree are as follows:

✨Incentives and support mechanisms for energy storage systems in renewable projects

✨Preferential policies for the development of new energy power

✨Incentives for offshore wind power projects
✨Support for research and development of energy technologies
✨Transitional provisions for rooftop solar power mechanisms

❓In your opinion, what incentives should businesses in the energy industry take advantage of the above incentives from Decree 58 to seize the opportunity?

Here is our advice on Highlights of Decree 58/2025 on the development of renewable and new energy power. If you are interested in or require legal advisory support regarding the above-mentioned matters. Please visit our DIMAC Website and other News Category to get the latest updates on legal advice and market experience sharing.

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