This is a notable content mentioned at the Decision No. 2233/QĐ-TTg issued on December 28, 2020 approving the Proposal to develop competitive energy market in Vietnam by 2030 with vision towards 2045.
According to Article 1 of the Decision No. 2233/QĐ-TTg, in order to create and develop healthy energy (coal, gas, electricity) markets over periods of time, the Prime Minister of Vietnam has st out 06 specific objectives of the Proposal to develop competitive energy market in Vietnam by 2030 with vision towards 2045, specifically as follows:
- Ensuring national energy security, contributing to maintaining and upholding national security and defense, and developing our independent and autonomous economy;
- Adjusting the energy sector to a state-regulated competitive market mechanism, ensuring a competitive environment that is healthy, transparent, fair, non-discriminating, appealing and diversifies investment and trading modes in the energy sector;
- Developing synchronous and interconnected energy markets between coal, gas and electricity sub-sectors;
- Coal market: Implement the Government's directive on the supply of coal for electricity production and coal export purposes;
- Gas market: Gradually completing a legal framework as a basis for implementing models of the competitive business of CNG, LPG and LNG;
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View more details at the Decision No. 2233/QĐ-TTg issued by the Prime Minister of Vietnam on December 28, 2020.
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