A renewable energy company operating across 7 countries with more than 1,000 completed projects and approximately 700 MWp of installed capacity. Established in 2009, Vu Phong Energy is a leader in Solar EPC services.
Decree 57/2025 enables renewable energy producers to sell electricity directly to large consumers via DPPA, bypassing EVN. Negotiated price cannot exceed ceiling generation tariff.
Vietnam rooftop solar regulation under Decree 57/2025. Surplus sales limited to 20% of total generation to prioritize self-consumption. Tariffs vary by region (North/Central/South).
Corporate income tax incentives for solar projects: preferential CIT rate of 10% for 15 years (standard 20%), with possible 4-year tax exemption and 50% reduction for 9 subsequent years.
Ho Chi Minh City, Vietnam