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[Danish Energy Agency] Green Transition Governance in the Energy Sector in Viet Nam
This policy paper, Green Transition Governance in the Energy Sector in Viet Nam, examines Viet Nam's governance framework and offers recommendations to improve its effectiveness, with a focus on enhancing engagement from both private and state-owned enterprises in the green energy transition. The analysis covers three key phases of policy—development, implementation, and monitoring/enforcement—highlighting critical governance factors such as coordination, resources, and institutional capacity.
As the development of the institutional and regulatory framework is a moving target, this policy paper is developed in parallel and with acknowledgement of the current efforts to strengthen the institutional framework of the Vietnamese Government by reorganizing the central and provincial level in order to enhance the efficiency and create a more business friendly environment. Thus, the aim of the present policy paper is to provide constructive input to the ongoing efforts, contributing to reach the common goal of realizing the green energy transition in Viet Nam. This is based on policy documents as well as interviews with national
stakeholders as well as field trips to provinces throughout Viet Nam conducted in 2024.
The policy paper is developed within the Energy Partnership Programme between Denmark and Viet Nam and in collaboration between the Agency for Enterprise Development and Collective Economic Development, Institute for Policy and Strategy and the Danish Energy Agency. As such, the policy paper draws on Denmark’s experiences in the green transition, especially in relation to efficient governance and institutional structure — providing learnings and inspiration on how Viet Nam can strengthen governance to accelerate its green energy transformation.
