Legal Policy on Direct Power Purchase Agreement (DPPA) in Vietnam: Updated Since March 2025 The new policy on Direct Power Purchase Agreement (“DPPA”) comes into force on 03 March 2025 via the new Decree No. 57/2025/ND-CP of the Government of Vietnam (“Decree 57”), following the ratification of the New Law on Electricity (2024). Decree 57…

On 03 July 2024, the Government of Vietnam issued Decree No. 80/2024/ND-CP on Direct Power Purchase Agreements between Renewable Energy Generation Corporations and Large Power Consumers (“Decree 80”), which would immediately take effect from the date of issue.