13 April 2020

On 6 April 2020, the Prime Minister of Vietnam issued decision 13/QD-TTg (“Decision 13”) on the mechanism to encourage solar power development in Vietnam, together with a new feed-in tariff (FIT) regime for solar power projects. The details of Decision 13 are summarised below:

    1. The new FIT rates:


Solar power technologiesFIT
VND/kWhUS cent/kWh
Floating solar energy projects1,7837.69
Land-mounted solar energy projects1,6447.09
Rooftop energy solar energy projects1,9438.38


    1. Grid-connected solar power projects that obtained investment policy decisions prior to 23 November 2019 and which obtained Commercial Operation Date (“COD”) for the project or a part of the project from 1 July 2019 to 30 December 2020 are eligible for the new FIT rates. Grid-connected solar power projects in Ninh Thuan province which are included in power development plans and which have obtained the COD before 1 January 2021 with a total accumulated capacity not greater than 2,000 MW shall receive the FIT rate of VND 2,086/kWh for 20 years from the COD.


  1. The power generated from rooftop energy solar power projects may be sold to Vietnam Electricity (EVN) or to other organisations and individuals. Where power is sold to other organisations and individuals, the power purchase price and the power purchase agreement must be negotiated by the parties in accordance with the law.

This decision will take effect from 22 May 2020.

If you have any questions or require any additional information, kindly contact Kevin Hawkins or your usual contact lawyer at ZICO Law.

This article is for general information only and is not a substitute for legal advice.


On 1 December 2022, KPMG and ZICO Law entered into an agreement under which a number of law firms and teams from the ZICO Law network have joined the KPMG network of firms.

The deal will see more than 275 lawyers join over 2,900 legal professionals in the KPMG global organization, creating a significant legal footprint across Asia. It will offer legal services and solutions, a globally connected legal services platform, and specialists who work with leading technology providers to modernize legal functions across organizations. The strategic combination increases the total number of legal professionals in the KPMG network to over 3,750 across 84 jurisdictions. You may read the press release here.

For more information and to see how we can assist you in your desired jurisdiction, please follow the links below: