Decisions No. 37/2011/QD-TTg and 39/2018/QD-TTg on the support for Wind Power Projects

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This decision provides the mechanism to support the development of wind power projects in Vietnam. It sets out procedures for the elaboration, approval and public notification of wind power development plans. It further provides for mechanisms to support the development of wind power projects, which include incentives related to investment capital, taxes, charges, land incentives and electricity price subsidies.

On September 10, 2018, the government published Decision 39/2018/QD-TTg to raise the level of feed-in tariffs.

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An aim to achieve a quantifiable outcome within a given time-frame, set by an institution such as a national government.

Policy instruments are techniques or tools used by governing authorities to promote certain policies in order to achieve predetermined goals. Put simply, instruments are how a government tries to achieve its goals, with this taxonomy being focused on national policy instruments.

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Groups  of people who are adversely affected by climate change or the response to it

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Renewable energy means all forms of energy produced from renewable sources in a sustainable manner.

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Molecules in the atmosphere that play a key role in the greenhouse effect by trapping heat radiating from Earth’s surface.

Area of the economy in which actors engage in identical or related activities.

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The management and allocation of funds, assets and investments to meet various objectives

The activities of industries involved in the production, distribution, and sale of energy, including electricity, gas, and renewables.

This sector involves the wholesale and retail selling of goods.

Any compulsory, unrequited payment to the government levied on corporations or individuals. This can be for environmental reasons, such as introducing a Carbon tax to set a price that emitters must pay for the greenhouse gases they emit.

A subsidy is a direct or indirect payment to individuals or businesses, typically provided as a government cash payment or a specific tax reduction.

Kinetic energy of airflow transformed into useful energy, mostly electrical energy.

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Activities of government agencies and institutions that provide public services, enforce laws and manage public resources.

A company that is owned wholly or partially by the state, typically operating in key sectors.

Compulsory, required payments to the government that are levied more-or-less in proportion to the services provided. Fees and charges range from entrance fees to national parks, charges on land-based sewage discharge.

A tax advantage is an economic benefit applied to certain accounts or investments that are, by law, tax-reduced, tax-deferred, or tax-free. This can apply to investments in areas such as green energy projects or the agricultural sector, where tax advantages can help manage financial risks.

Decisions No. 37/2011/QD-TTg and 39/2018/QD-TTg on the support for Wind Power Projects

Policy instrument

Renewable energy

Economic sector

Finance