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contemporary management expertise. Additionally, the country needs to develop a
comprehensive plan for the coordinated advancement of infrastructure. This plan should

encompass investments in renewable energy resources tailored to local conditions,
funding for technological infrastructure, the creation of high-tech zones, and the
acceleration of digital economic transformation.
Vietnam should engage experienced renewable energy developers to build and
train local companies, which will facilitate the establishment of industry and create
employment opportunities in the country. The country should diversify attraction from
potential markets and partners, focusing on the world's leading developed countries and
transnational corporations with advanced technology and modern management skills.

Vietnam should form a clear roadmap for the synchronous development of
infrastructure, investment in renewable energy development resources suitable for the
locality, investment in technological infrastructure, development of high-tech zones, and
accelerating economic digital transformation.

References
1. IRENA (2024). Renewable energy statistics 2024. International Renewable Energy Agency, Abu

Dhabi.
2. Cao Thi Hong Vinh, Le Duc Duy (2024). Foreign direct investment in renewable energy in Vietnam:
current situation and some policy implications.
Https://kinhtevadubao.vn/dau-tu-truc-tiep-nuoc-ngoai-vao-nang-luong-tai-tao-tai-viet-nam-thuc-trang-va-mot-so
-ham-y-chinh-sach-28571.html
3. Giang Anh (2023). Developing green and sustainable energy.
4. Emerhub (2023). The Rise of Green Investments: Opportunities for Sustainable Investment in Vietnam.
5. Hoang Dinh Hiep (2024). Sustainable Economic Development in Vietnam: The Role of Renewable
Energy.
6. IUCN (2022). Unlocking international finance for Vietnam’s renewable energy transition”,
International Union for Conservation of Nature and Natural Resources.
7. Ketelsen, T., Le, T.H.T, Tran, Q. B., Huynh, N. L., Nguyen, Q. K. (2023). Managing Vietnam’s Grid
Issues for Effective Energy Transition”. Energy Transition Roundtables, Policy Brief Series No.3,
8. KPMG (2023). Power Development Plan 8 – Key Developments in Renewable Energy for Vietnam.
9. Mahbub, T., Ahammad, M. F., Tarba, S. Y., & Mallick, S. Y. (2022). Factors encouraging foreign direct
investment (FDI) in the wind and solar energy sector in an emerging country. Energy Strategy Reviews, 41, 100865,
pp. 1-12.
10. Mekong Infrastructure Tracker. Https://www.stimson.org/project/mekong-infrastructure/
11. Samuel, P. (2020). Renewables in Vietnam: Current Opportunities and Future Outlook.
12. Tran Thi Thu Ha (2023). Attracting foreign direct investment to develop the renewable energy sector
in Vietnam and some policy proposals. Vietnam Financial Economics Magazine, No. 1, pp. 57-71
13. UNCTAD (2023), “World Investment Report 2023: Investing in Sustainable Energy for all”, United
Nations Conference on Trade and Development.
14. Vietnam News (2023). VN's power plan lacks mechanisms to attract private investors.
https://vietnamnews.vn/economy/1582495/vn-s-power-plan-lacks-mechanisms-to-attract-private-investors.html
15. YCP Solidiance (2023). Vietnam's Energy Transition – The Future of Renewable Energy.
Https://ycpsolidiance.com/article/vietnam-energy-outlook-report.

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