Financial issues when doing solar business in Vietnam
Are there any tax incentives or benefits available for solar energy businesses in Vietnam? Rooftop solar power for self-production and self-consumption benefits from tax incentives under current tax laws: - Corporate Income Tax (CIT): Eligible for a preferential CIT rate of 10% for 15 years, with a 4-year tax exemption and a 50% reduction in […]
Regulations and conditions for solar power installation
Should we use PPA or leasing contracts in Vietnam and what is the rationale? Power Purchase Agreement (PPA): A PPA is a contract between the seller (the investor) and the buyer (typically the Vietnam Electricity Group - EVN), under which the investor supplies electricity from a solar energy project to the buyer at an agreed […]
The most updated government policy for doing solar business in Vietnam
The most updated government policy for doing solar business in Vietnam On the date the Government promulgates Decree No. 80/2024/ND-CP on the mechanism for direct power purchase agreements between renewable energy generation units and large electricity consumers. Renewable energy generation units refer to power entities owning solar energy plants licensed to operate in the electricity […]