Hanoi opens the liberalisation process for its national energy market, with the aim of ending the monopoly enjoyed by Electricity of Vietnam (EVN), a state company with a dominant role in the domestic market. The market-opening process will begin in 2016, when all operators and electricity power stations with capacity of at least 30 megawatt will be able to trade in the market. Build-operate-transfer power stations, envisaged under public-private partnership operations, will be able to enter the market directly or continue to work with EVN. At present imported energy and energy from renewable sources (wind, solar and geothermal) are excluded.
A significant reorganisation is also planned on the demand side. EVN, the current main buyer, will be replaced by 5 buyers for regional distribution (one for the southern regions, one for the centre of the country, one for the south, and one each for the major urban centres, Hanoi and Ho Chi Minh City), in addition to buyers of specific dimensions. The market liberalisation should be up and running from 2019.