Vietnam’s Ministry of Industry and Trade has issued Circular 9608/BCT-DL, in which it urges regional governments throughout the country and state-owned utility Electricity of Vietnam (EVN) to suspend new approvals for large-scale PV projects under the FIT scheme.
According to the Vietnam Clean Energy Association (VCEA), the government has already approved 135 projects with a combined capacity of 8.93 GW under the scheme. Around 4.5 GW of those projects came online at the end of last June, when the first phase of the country’s feed-in tariff (FIT) scheme expired.