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Politburo issues Resolution on Orientation for the Vietnam National Energy Development Strategy

On 11 February 2020, the Politburo of the Communist Party of Vietnam issued Resolution No. 55- NQ/TW on orientation of the National Energy Development Strategy of Vietnam to 2030, with a vision to 2045 (“Resolution No. 55”). Resolution No. 55 provides for the prioritisation of fast and sustainable energy development, while aiming to foster favourable conditions for all economic sectors, particularly the private sector, to participate in energy development. The Resolution further aims to eliminate subsidies, monopolies, opaqueness and unfair competition in the energy sector.

Accordingly, the share of renewable energy sources in total primary energy supply will reach 15 – 20% in 2030 and 25 – 30% in 2045. Further targets include the development of an efficient smart grid system with regional interconnectivity, an increase in energy efficiency of up to 7% by 2030 and up to 20% by 2045 against business-as-usual (BAU), and to reduce greenhouse gas emissions from energy activities against the BAU scenario by 15% by 2030 and by 20% by 2045.

Politburo’s Resolution 55-NQ/TW on the Orientation of the Viet Nam’s National Energy Development Strategy to 2030 and outlook to 2045

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The IKI Vietnam Newsletter is administered by the IKI interface in Vietnam hosted by GIZ. It informs regularly about news of climate change and biodiversity projects in Vietnam financed by the International Climate Initiative (IKI). The International Climate Initiative (IKI) is an important part of the German government’s international climate finance commitment. Since 2022 the IKI is implemented by the Federal Ministry for Economic Affairs and Climate Action (BMWK) in close cooperation with the Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMUV) and the Federal Foreign Office (AA).

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