Mission Statement
Promote US-Vietnam trade and investment in the energy sector; ensure a reliable, secure energy supply in Vietnam; encourage development of open markets and access to capital for power generation, storage, and transmission; and reduction of emissions in accordance with Vietnam’s Intended Nationally Determined Contribution (INDC) to UN Framework Committee on Climate Change (UNFCCC).
Short-term and Long-term Objectives & Goals
- Ensure regular meetings with clear agenda.
- Provide a venue for networking, sharing of best practices, and business intelligence.
- Ensure representation of U.S. energy companies active in South and Central Vietnam in the Committee.
- Ensure interests of members are reflected in advocacy to local and national govts, VBF Power and Energy Working Group (PEWG), and international climate change organizations.
- Policy advocacy issues (aligned with Made in Vietnam Energy Plan 2.0 (MVEP)- gas and renewables).
- Contribute to PEWG papers on extension of Wind Feed-in-Tariff (FIT), and Energy Efficiency.
- Encourage open market and access to capital for Direct Power Purchase Agreement (DPPA) implementation.
- Encourage transparent, fair, efficient approval processes for energy projects.
- Encourage development of a transparent, fair mechanism for auction of Solar and Wind Supply contracts.
Leadership
Chair
Vice ChairCommittee Paperwork
Strategic Planning support to the Government of Vietnam in implementing their strategy of private sector involvement in the power and energy sector.
To engage with the Government of Vietnam in the process of developing a Power Development Plan (Masterplan) #8 beginning quarter 1 2019 and continuing to 2020.
Contributing:
Annex of Power & Energy Working Group’s Position Paper
Position Paper of Power & Energy Working Group
List of activities that VBF PEWG has attended/ (co-) organized during last 6 months 2019
Cover Letter_Introduce Made in Vietnam Energy Plan 2.0
Made in Vietnam Energy Plan 2.0 (English version)
Made in Vietnam Energy Plan 2.0 (Vietnamese version)
Market Assessment (Vietnam, SE Asia comparative data),
Commercial Finance Map (what is available to do what, at what price and under what conditions),
Legal and policy support, what are the best practices in ASEAN and the world showing results.
Retail Energy Pricing Assessment (measuring consumer price sensitivity, electricity needs and concerns)
Climate Finance Resources Map (what concessional funds are available to promote the private sector engagement in sustainable energy)
Consensus Promotion by leveraging VBF’s existing relationships in MOIT (ERAV, EREA), MPI (the office of the NDA),
MONRE, MOF, MOC, The Central Economics Committee of the Communist Party and the National Assembly
2019 plan, please find details here
Contact
Please contact us: [email protected]
