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Is rooftop solar power self-produced in Vietnam?

One of the most noticeable contents of this Decree is the registration of self-production and self-consumption rooftop solar power development in households today. Viet An Law will update information on the rooftop solar power self-produced regulations in Vietnam according to Decree 135/2024/ND-CP.

What are the laws governing rooftop solar PV projects in Vietnam?

The development of rooftop solar PV projects in Vietnam is primarily governed by the Law on Electricity 2004 (as amended), Decision No. 13/2020/QD-TTg of the Prime Minister, and Circular No. 18/2020/TT-BCT of the Ministry of Industry and Trade (MOIT).

Are rooftop solar power self-produced projects tax deductible in Vietnam?

Under the rooftop solar power self-produced regulations in Vietnam, enterprises engaged in the self-production and self-consumption of rooftop solar power are eligible for preferential policies concerning corporate income tax and value-added tax (VAT) when undertaking new investment projects, in compliance with the prevailing tax laws.

Why are rooftop solar PV systems becoming more popular in Vietnam?

systems in recent years. This growth has been driven by government incentives and an increasing awareness of the benefits of renewable energy. In order to facilitate the development of rooftop solar PV projects, Vietnam is putting together a regulatory framework that governs the implementation and operation of these systems.

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