Ammended Electricity Law – Accelerating investments in offshore wind and LNG projects from 2025
• 2025 will be a year of positive policy changes for the electricity sector, with a focus on increasing privatization and accelerating approvals of key power projects to ensure electricity supply from 2026 onwards.• Under the new Electricity Law, the companies to benefit from these changes are (1) the electricity construction sector, as the demand for investment in transmission lines of 220kV and below is expected to remain high, and (2) those generation companies with plan to develop renewable energy and offshore wind power projects. Accordingly, we believe the stocks under our coverage such as PC1 (Target price: VND 26,600/share; USD 1.1), REE (Target price: VND 76,600/share; USD 3.0), and PVS (Target price: VND 38,700/share; USD 1.5) to be the main beneficiaries of these policy changes.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.