The Appraisal Council approved the National Electricity Development Plan for the period of 2021-2030, with a vision to 2045 (Power Master Plan VIII) in a meeting held on 3 October 2021.

Immediately after receiving the results from the Appraisal Council, the Ministry of Industry and Trade has embarked on the finalization of the Draft Power Master Plan 8 with the goal of submitting the final draft to the Prime Minister this weekend for consideration and approval.

Duane Morris will keep our readers updated of any progress on the finalization of the Draft Power Master Plan 8.

For more information on the above, please do not hesitate to contact the author Dr. Oliver Massmann under omassmann@duanemorris.com. Dr. Oliver Massmann is the General Director of Duane Morris Vietnam LLC, Member to the Supervisory Board of PetroVietnam Insurance JSC and the only foreign lawyer presenting in Vietnamese language to members of the NATIONAL ASSEMBLY OF VIETNAM.

Disclaimer: This Alert has been prepared and published for informational purposes only and is not offered, nor should be construed, as legal advice. For more information, please see the firm's full disclaimer.