Vietnam Cuts LNG Import Tariff to 2% in Bid to Accelerate Energy Transition

15 May 2025
Vietnam Cuts LNG Import Tariff to 2% in Bid to Accelerate Energy Transition
Authors: SolarQuarter
Authoring Organisations: Asia Clean Energy Partners
Region/Location: Vietnam

Vietnam

Vietnam has cut LNG import tariffs from 5% to 2% to attract investment and support its energy transition. The move boosts LNG-to-power projects under PDP8, but policy gaps, financing hurdles, and regulatory uncertainties persist. Industry leaders call for comprehensive legal reforms to ensure long-term LNG development and energy security.

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