Headline: National Assembly Chair: “Every Investor Asks: Does Vietnam Have Enough Electricity?”

Investors visiting our country consistently raise concerns about the adequacy of electricity supply for production. National Assembly Chairman Trần Thanh Mẫn emphasized that ensuring sufficient electricity requires robust mechanisms and policies to drive development.

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On the afternoon of December 4th, the National Assembly held group discussions on the draft Law on Specialized Courts at the International Financial Center and the draft Resolution on mechanisms and policies for national energy development for the 2026–2030 period.

Sharing his perspective, National Assembly Chairman Tran Thanh Man noted that the Politburo recently issued Resolution No. 70 on ensuring national energy security until 2030, with a vision toward 2045.

Currently, energy stands as the most critical requirement for attracting investors, fostering socio-economic development, and safeguarding national defense and security.

National Assembly Chairman Tran Thanh Man delivering remarks. Photo: Lam Hien

Highlighting that every investor entering our country raises concerns about sufficient electricity for production, the National Assembly Chairman emphasized that ensuring adequate power supply necessitates robust mechanisms and development policies.

Recently, the National Assembly approved the resumption of nuclear power plant construction, alongside advancements in hydroelectric, solar, and wind energy projects. However, these efforts have yet to fully meet the demands of national industrialization and modernization.

Following the Politburo’s Resolution No. 70, the Government has proposed a National Assembly Resolution on mechanisms and policies for national energy development. This resolution outlines principles, guidelines, and exceptional mechanisms to propel national energy growth.

The National Assembly Chairman underscored that this Resolution is forward-looking, aiming to establish comprehensive solutions aligned with Resolution No. 70, rather than merely addressing immediate challenges.

He also cautioned that the Government and the Ministry of Industry and Trade would be held accountable should any negative issues or policy exploitation arise.

Regarding the draft Law on Specialized Courts at the International Financial Center, Chairman Tran Thanh Man asserted that establishing such a center requires adherence to international standards. Without robust measures, attracting investors and capital will remain elusive, rendering the center ineffective.

Thus, the center must operate under superior mechanisms, including a specialized court system. While guided by the Supreme People’s Court, this court must align with international practices.

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