Vietnam cuts LNG import tariff to boost clean energy transition

Hanoi (VNA) – The Vietnamese Government has reduced the preferential import tariff on liquefied natural gas (LNG) from 5% to 2% under Decree No. 73/2025/ND-CP, issued on March 31. The move marks a key step in accelerating the country’s shift from fossil fuels to cleaner energy.

Việt Nam eyes US$18 billion a year for power plan through 2035

HÀ NỘI — Việt Nam will require an annual investment of around US$16–18 billion from now until 2035 to implement its revised National Power Development Plan (PDP VIII), according to the Ministry of Industry and Trade. This amount will rise to approximately $20 billion per year thereafter.