PM approves Vietnam National Power Development Plan VIII

A wind farm in Tra Vinh Province. Under the plan, renewable energy would rise to prominence by 2050 with a total capacity of 400 GW. - VNA/VNS

HANOI (Vietnam News/Asia News Network): Prime Minister Pham Minh Chính has approved the National Power Development Plan VIII, which guides the development of power plants and power grids between 2021 and 2030.

The plan aims to maintain Vietnam's energy security by ensuring a sufficient supply of electricity to fuel a projected annual GDP growth rate of 7.0 per cent during the period.