SEH: Key Takeaways from the presentation of Lawyer Nguyen Ngoc Phuc from Nishimura & Asahi

SEH: Key Takeaways from the presentation of Lawyer Nguyen Ngoc Phuc from Nishimura & Asahi

Presenter: Nguyen Ngoc Phuc (Partner)
Company: Nishimura & Asahi

1. National Climate Change Strategy to 2050:

   • GHG reduction targets (43.5% by 2030, net-zero by 2050).

   • Focus on renewables (≥33% electricity by 2030), green hydrogen, and waste-to-energy (biogas, incineration).

2. National Power Development Plan (PDP8):

   • Renewable energy (hydro, solar, wind, biomass) to reach 30.9–39.2% (2030) and 67.5–71.5% (2050).

   • Waste-to-energy targets: 2,270 MW (2030), 6,015 MW (2050).

3. Green Hydrogen Development Strategy:

   • Build a hydrogen ecosystem (production to export), aiming for 10% of energy demand by 2050.

   • Pilot use in transport and industry.

4. Solid Waste Management:

   • 100% waste recycled/treated, minimal landfill.

   • Promote advanced tech (incineration, pyrolysis).

5. Investment Incentives:

   • 10% corporate tax for 15 years, 4-year tax exemption + 50% reduction for 9 years.

   • 20-year PPAs with guaranteed Feed-in Tariffs (FiTs).

6. Call to Action:

   • Government to finalize policies; investors to leverage incentives for clean energy projects.

Contact:

• Nishimura & Asahi

  • Tokyo Office: Otemon Tower, 1-1-2 Otemachi, Chiyoda-ku, Tokyo 100-8124, Japan

  • Ho Chi Minh City Office: Room 1102, Sun Wah Tower, 115 Nguyen Hue, District 1

  • Hanoi Office: Suite 607, 63 Ly Thai To Building, Hoan Kiem District

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