On 10 November 2026, Standing Deputy Prime Minister Pham Gia Tuc signed Resolution No. 361/NQ-CP on behalf of the Government, amending and supplementing a number of tasks in Appendix II of the action programme issued with Resolution No. 328/NQ-CP of 13 October 2025. That programme implements the Politburo's Resolution No. 70-NQ/TW of 20 August 2025 on national energy security to 2030, with a vision to 2045.

The key change is that several tasks now come with clearer deadlines, especially in the power sector, where markets and businesses have been waiting for signals on pricing and competition.

Power market: clearer milestones

Under the resolution, the Ministry of Industry and Trade will review and finalise the design of the competitive wholesale electricity market in December 2026 and the competitive retail electricity market scheme in June 2027. The ministry is also tasked with studying a two-component retail electricity tariff and reporting to the Prime Minister in 2026.

During 2026-2027, the ministry will study and build a roadmap and legal framework for a Renewable Energy Certificate (REC) market. In the same period, EVN will draft a smart grid development scheme for 2026-2030, with a vision to 2045.

Capital and support for green energy

The State Bank of Vietnam, the Vietnam Development Bank, the Ministry of Industry and Trade and the Ministry of Finance are to issue preferential investment credit policies for green, clean and new-technology energy projects, for investors in energy storage, and for firms researching and manufacturing energy equipment domestically.

The Ministry of Industry and Trade will also draft a Prime Ministerial decision on support for households installing self-consumption rooftop solar and power storage systems, a move that could open more demand for equipment suppliers and installers.

Technology and enforcement

The resolution calls for an R&D investment mechanism with a minimum ratio of 2% of energy-sector GDP, national key energy research centres and laboratories, and attracting 60-80 advanced technology transfer projects.

At the same time, ministries and localities must set strict sanctions in 2026-2030 for investors who register energy projects but delay or fail to implement them, and step up inspection of energy planning implementation.

Key takeaways