Bureaucratic and regulatory challenges persist for foreign investors
Investors unfazed by Vietnamese challenges
Foreign companies are enthusiastic about Vietnam’s LNG prospects, but risks persist
Foreign investment in Vietnamese power projects has proven difficult in the past. But the government—facing a looming shortfall in generation capacity and growing global opposition to coal—has introduced legal and regulatory reforms in an effort to improve matters. The previous, and much-stalled, generation of power projects—many of which were incorporated into the country’s Power Development Plan 7 (PDP7)—were coal-fired and developed under a build-operate-transfer (BOT) model. Vietnam brought a new public-private partnership (PPP) law into force on 1 January, with the intent of boosting private-sector investment, while the PDP8 is waiting on prime ministerial approval. Of the extensive pip
Also in this section
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
