On 3 March 2025, the Government of Vietnam issued Decree 58/2025/ND-CP (Decree 58), providing detailed implementation guidance under the Electricity Law 2024 in relation to the development of renewable energy and new-energy electricity projects, with a particular focus on. On 3 March 2025, the Government of Vietnam issued Decree 58/2025/ND-CP (Decree 58), providing detailed implementation guidance under the Electricity Law 2024 in relation to the development of renewable energy and new-energy electricity projects, with a particular focus on. Vietnam's solar power sector is governed by a number of key regulations and policies aimed at promoting the development of renewable energy while managing the challenges associated with rapid growth. The FiT program has been a major driver of solar power development in Vietnam, offering a tariff of. The Vietnamese National Assembly adopted the new electricity law No. 61/2024/QH15 on 30 November 2024 which will take effect on 1 February 2025 (Electricity Law 2024), replacing the current electricity law of 2004 (as amended from time to time). Renewable energy generation units. With new policies on direct power purchasing, rooftop solar self-consumption, and a comprehensive suite of tax incentives, businesses that act now stand to gain a long-term competitive edge, especially those facing ESG compliance pressures and rising carbon trade barriers.