Vietnam: New Offshore Wind and Planning Guidance
The Vietnamese government has issued Decree No. 272 to provide regulatory guidance for offshore wind energy projects. The decree outlines financial and operational requirements for companies seeking to develop offshore wind power between 2025 and 2035.
Why it matters
Clear regulatory frameworks are essential for attracting investment and scaling renewable energy infrastructure in emerging markets like Vietnam.
On 4 July 2026, the Government of Vietnam issued Decree No. 272/2026/ND-CP (" Decree No. 272 "), providing detailed guidance on the implementation of certain key mechanisms and policies for Vietnam's national energy development, as set out in Resolution No. 253/2025/QH15 of the National Assembly (" Resolution No. 253 ") 1 .
Decree No. 272 clarifies requirements applicable to offshore wind (OSW) survey entities and enterprises preparing OSW investment policy approval (IPA) applications, establishes application-handling mechanisms for OSW projects operating during 2025-2030 and 2031-2035, and introduces procedures for power master plan adjustments and updates.
Effective from 4 July 2026 until 31 December 2030, Decree No. 272 is expected to play a significant role in facilitating power master plan implementation and OSW development in Vietnam during 2026-2030.
We summarize the key points of Decree No. 272 below.
1. Requirements applicable to OSW survey entities:
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