VIETNAM CHAMBER OF COMMERCE AND INDUSTRY
Liên Đoàn Thương Mại Và Công Nghiệp Việt Nam
Sat, Aug 15, 2026, 15:38:00
(Left to right) Journalist Nguyen Tien Dung, Deputy Editor-in-Chief of Business Forum Magazine; Mr Hoang Quang Phong, VCCI Vice President; Mr Bui Trung Kien, Deputy General Director of Ho Chi Minh City Power Corporation; and Mr Nguyen Xuan Quy, Vice Chairman of the Vietnam Clean Energy Association, who moderated the forum.
Under the direction of the Vietnam Chamber of Commerce and Industry (VCCI), Business Forum Magazine—in collaboration with the Institute for Smart Energy Application Research (iSEAR) and relevant agencies—hosted a forum titled "Direct Power Purchase and Energy Storage Development: Catalysts for Green Transition and Sustainable Growth."
The event convened key dignitaries, including Mr Hoang Quang Phong, VCCI Vice President; Mr Tran Ngoc Liem, Deputy Secretary General of VCCI and Director of VCCI Ho Chi Minh City Branch; Mr Nguyen Van Hoang, Vice Chairman of the Vietnam Textile and Apparel Association (VITAS); Dr Tran Huynh Ngoc, Senior Power Market & Systems Expert (AMPERE under Alluvium Group); and Mr Phan Cong Tien, Director of iSEAR.
Representing the organising committee were Mr Bui Trung Kien, Deputy General Director of Ho Chi Minh City Power Corporation; Journalist Nguyen Tien Dung, Deputy Editor-in-Chief of Business Forum Magazine; and Journalist Pham Hung, Deputy Editor-in-Chief of Business Forum Magazine. The forum also drew broad participation from local government representatives, business associations, investors, and leading academic experts.
Green Energy: The New Metric of Competitive Advantage
Delivering the opening address, VCCI Vice President Hoang Quang Phong stressed that national and corporate advantages are no longer defined solely by traditional metrics like capital, technology, or workforce capabilities. Instead, reliable and cost-effective access to clean power has emerged as the decisive differentiator.
“The availability of green energy now directly shapes multinational investment decisions, determines export order retention, and dictates how deeply local firms can integrate into global value chains,” Mr Phong stated.
Crucially, Vietnam’s core export markets—such as the European Union, the United States, Japan, and South Korea—are steadily tightening technical barriers. Strict compliance is now demanded across carbon reduction targets, energy traceability, ESG assessments, and renewable energy consumption ratios in manufacturing.
These requirements have rapidly evolved from future aspirations into non-negotiable operational standards today. To sustain its high rate of economic expansion, Vietnam faces an urgent imperative to restructure its growth model towards decarbonisation—balancing energy security with long-term sustainability.
Mr Hoang Quang Phong, VCCI Vice President, delivered his opening address at the forum.
An Evolving Regulatory Framework
Recognising the strategic importance of energy transition, the Party, the National Assembly, and the Government have enacted pivotal policy foundations to clear market bottlenecks and foster a competitive power sector:
However, despite these landmark regulatory strides, Mr Phong noted that practical implementation still presents significant hurdles. The business community remains eager for granular guidelines on DPPA execution, clear technical standards for BESS, Time-of-Use (TOU) tariff structures, grid-connection rules, and targeted financial support to alleviate heavy upfront capital expenditure.
Overview of the forum
Three Strategic Pillars to Unblock Business Challenges
To ensure policy measures deliver tangible economic benefits, Mr Phong urged the forum to focus its deliberations on three key areas:
First, assessing the initial rollout of DPPA mechanisms following Decree No. 243/2026/ND-CP, whilst putting forward concrete policy recommendations to refine the legal framework.
Second, clarifying the role of Battery Energy Storage Systems (BESS) in safeguarding power grid security, improving renewable integration capacity, and boosting overall system flexibility.
Third, proposing mechanisms to mobilise private capital, fostering a modern, transparent, and competitive green power market. This will advance national green growth targets, enhance enterprise competitiveness, and drive sustainable development.
“VCCI will steadfastly fulfil its role as a vital bridge between State authorities and the business community—conveying real-world insights to refine regulatory frameworks and build a transparent, stable, and favourable investment climate for Vietnam’s green transformation,” Mr Phong affirmed.
