Vietnam Approves 2026 Wind Power Generation Price Framework

Vietnam’s Ministry of Industry and Trade issued Decision No. 2945/QĐ-BCT on November 5, 2026, approving the 2026 price framework for wind power generation. The framework sets separate maximum generation prices for onshore and nearshore wind power and divides the applicable areas into northern, central and southern regions. All maximum prices listed in the decision exclude value-added tax.

The maximum generation price for onshore wind power is VND 2,187.83 per kWh in the north, VND 1,893.61 per kWh in the central region and VND 2,035.37 per kWh in the south. Nearshore wind power has a uniform ceiling of VND 2,126.92 per kWh across all three regions. The price framework applies to the types of wind power plants specified in Point a, Clause 2, Article 1 of the Ministry of Industry and Trade’s Circular No. 09/2025/TT-BCT.

A wind farm in Cà Mau Province.（VietVance）

Under the decision’s geographic classification, the northern region includes Điện Biên, Lai Châu, Sơn La, Lào Cai, Tuyên Quang, Cao Bằng, Thái Nguyên, Lạng Sơn, Phú Thọ, Hà Nội, Bắc Ninh, Quảng Ninh, Hải Phòng, Hưng Yên, Ninh Bình, Thanh Hóa, Nghệ An and Hà Tĩnh. Onshore wind power projects in these provinces and cities are subject to the northern region’s maximum generation price; nearshore wind power is subject to the uniform ceiling across all three regions.

The central region includes Quảng Trị, Huế, Quảng Ngãi, Đà Nẵng, Gia Lai, Đắk Lắk, Khánh Hòa and Lâm Đồng; the southern region includes Đồng Nai, Tây Ninh, Ho Chi Minh City, Đồng Tháp, An Giang, Vĩnh Long, Cần Thơ and Cà Mau. Maximum onshore wind power prices in the central and southern regions follow their respective regional rates, while the maximum nearshore wind power price is the same as in the north.

Source: VietVance