Public Procurement Law requirement for suppliers to adhere to international labor standards list of compacts to which they belong (e.g. anti-child slavery, human trafficking, etc.)
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				    The Guide to government procurement in Viet Nam in the context of CPTPP (the "Guide") aims to provide critical, useful information that should be known to suppliers who are seeking to pursue
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				    FOB – "Free on Board" shipping point. Foreign-funded Procurement or Foreign-Assisted Project– Refers to procurement whose funding source is from a foreign government, foreign or
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The Guide to government procurement in Viet Nam in the context of CPTPP (the “Guide”) aims to provide critical, useful information that should be known to suppliers who are seeking to pursue procurement opportunities in Viet Nam.
The plan expects storage batteries to reach a capacity of 300 MW by 2030, accounting for 0.2% of Vietnam’s total electricity capacity. However, the policy framework for BESSs in Vietnam is still being refined and will continue to be adjusted to align with the country’s economic and environmental development goals.
As this is the first time Viet Nam has opened up its government procurement market and accepted new rules on coverage, procurement principles, and so on, the implementation phase will be likely faced with challenges, given the insufficient knowledge and capabilities of contracting officers and suppliers, and underprepared technology infrastructure.
Encouraging domestic enterprises to invest in new technologies will promote the growth of the energy storage indus-try in Vietnam. Investment in BESS projects in Vietnam is attract-ing the attention of international partners due to the country’s strong potential for RE development.
Vietnam General Procurement Notice - A General Procurement Notice (GPN) is a public announcement by Vietnam about upcoming procurement opportunities for goods, services, or works, inviting interested suppliers to express their interest and prepare for further bidding processes.
DPPA: This new model promises to boost the RE market in Vietnam by facilitating electricity trading between consumers and power plants. As a result, the demand for BESS solutions is expect-ed to rise rapidly for both renewable power plants and industrial zones.