Renewable Energy Sector – At an inflection point

• The renewable energy (RE) sector in Vietnam is currently underdeveloped but has huge long-term potential. Most RE projects have low profitability and there are currently no clear policy directives from the government.
• However, we believe the situation is beginning to change thanks to the evolution in technology, falling equipment costs, and more commitment from the government to clean energy.
• The sector is still nascent but clearly at an inflection point in its development.

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