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Legal Update

Circular Regulating the Operation of the Competitive Electricity Generation Market

22 July 2010
Mayer Brown Legal Update
In 2004, Vietnam passed the new Electricity Law that outlines the development of a competitive electricity market in 3 phases: in Phase 1, it is contemplated that a competitive power generation market would be established; Phase 2 envisions the development of a competitive electricity wholesale market; and Phase 3 involves development of a competitive electricity retail market.
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