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Decision No. 1855/QD-TTg of December 27, 2007, approving Vietnam's National energy development strategy up to 2020, with 2050 vision

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Decision No. 1855/QD-TTg of December 27, 2007, approving Vietnam's National energy development strategy up to 2020, with 2050 vision
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Decision No. 1855/QD-TTg of December 27, 2007, approving Vietnam's National energy development strategy up to 2020, with 2050 vision
Issuing body: Prime MinisterEffective date:
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Official number:1855/QD-TTgSigner:Nguyen Tan Dung
Type:DecisionExpiry date:Updating
Issuing date:27/12/2007Effect status:
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PRIME MINISTER
-------
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
---------
No. 1855/QD-TTg
Hanoi, December 27, 2007
 
DECISION
APPROVING VIETNAM'S NATIONAL ENERGY DEVELOPMENT STRATEGY UP TO 2020, WITH 2050 VISION
THE PRIME MINISTER
Pursuant to the December 25, 2001 law on the Organization of the Government;
Pursuant to the Political Bureau's Resolution No. 18-NQ/TW of October 25, 2007 setting Vietnam's energy development strategy orientations up to 2020, with a vision toward 2050;
At the proposal of the Ministry of Industry and Trade (in Official Letter No. 4167/BCTNLDK of December 19, 2007)
DECIDES:
Article 1. To approve Vietnam's national energy development strategy op to 2020, with 2059 vision, with the following principal contents:
1. Development viewpoints:
a/ To quickly and sustainably develop energy in close association with the national socio-economic development strategy, in parallel with diversifying energy sources and applying energy-saving technologies, which is considered a key task throughout the process of national industrialization and modernization.
b/ To develop national energy in line with the trend of international integration, efficiently use domestic resources and rationally exploit and use foreign resources, establish national energy security in the open conditions, effectively enter into regional and global cooperation combined with firmly preserving national security and developing an independent and self-reliant economy.
c/ To step by step develop an energy market, diversify forms of ownership and methods of business and strive to satisfy to the utmost consumer interests. To accelerate the abolition of subsidization and monopoly striving to put an end to the pursuit of social policies through energy prices.
d/ To synchronously and rationally develop the system of electricity, petroleum, coal, and new and renewable energies, paying attention to the development of clean energies and prioritizing the development of new and renewable energies. To nationally distribute the energy system across regions and areas to balance exploration, exploitation and processing stages; and to synchronously develop service and recycling systems.
e/ To apply achievements of the knowledge-based economy in order to raise energy trading efficiency. To attach importance lo investment in energy conservation so as to reduce the wastage.
f/ To develop energy in close association with preserving the ecological environment, ensuring sustainable energy development.
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