NUMBER OF THE DAY
The amount of housholds Vietnam plans to subsidize for solar systems with USD 1.65 billion in financing, a 42% increase over the previous subsidy proposal.
🌞 Rooftop Solar Revolution: With the subsidy, Vietnam aims to increase the number of households with rooftop solar systems by 50%.
💰 Financial Support: Households will receive up to 1.5 million VND (USD 60) for installing battery storage, in addition to 4 million VND (USD 160) per kWp for solar systems.
Watch: Instead of stop-and-go funding windows and multi-stage application processes common in many EU countries, Vietnam is opting for clear, fast-paying grants—result: more rooftops, less grid load.
The China Survival Guide for Western Businesses
Entity setup, WeChat strategy, hiring your first local team. 12+ years on the ground in Shanghai.
