Vietnamese Prime Minister Phạm Minh Chính, addressing the National Assembly, noted that electricity demand is expected to rise rapidly, with a projected increase of 12-13% in 2025 and larger increases in subsequent years. The Government and the Prime Minister have directed ministries and all sectors to strictly implement tasks and solutions to ensure an adequate electricity supply under all circumstances.
Chính said the Government would continue to refine legal regulations to address obstacles in implementing power infrastructure projects. It would build a smart and flexible power grid with high automation capabilities and address the legal issues hampering renewable energy projects, ensuring accurate and reasonable pricing to encourage the development of new energy sources.
Over the longer term, the Government had proposed to the relevant authorities to restart nuclear power projects and robust development of offshore wind energy. It had also submitted to the National Assembly the proposed amendments to the Electricity Law to create institutional breakthroughs and remove legal obstacles to energy infrastructure development.
“The Government respectfully requests the National Assembly to pay attention, share and coordinate with the Government to improve quality and consider passing necessary legislation at this session to promptly resolve legal bottlenecks,” he said.
