Abbreviations and acronyms

ABIF

ASEAN banking integration framework

AC

air conditioner

AEC

ASEAN Economic Community

AFD

Agence Française de Développement (French development agency)

ART

average retail tariff

APG

ASEAN Power Grid

ASEAN

Association of Southeast Asian Nations

B2B

business to business

B2C

business to consumer

BAU

business-as-usual

BOT

build-operate-transfer

BOOT

build-own-operate-transfer

BQDM

Brooklyn-Queens Demand Side Management Programme

CfD

contract for difference

CIT

corporate income tax

CMSC

Commission for the Management of State Capital at Enterprises

CO2

Carbon Dioxide

Con Edison

Consolidated Edison Company

COVID-19

corona virus disease 2019

CPEE

Clean Production and Energy Efficiency Project

CPTPP

Comprehensive and Progressive Agreement for Trans-Pacific Partnership

DANIDA

Danish International Development Agency

DEESD

Department of Energy Efficiency and Sustainable Development

DEU

designated energy user

DOIT

Department of Industry and Trade

DONRE

Department of Natural Resources and Environment

DPPA

direct power purchase agreement

DPI

Department of Planning and Investment

DSM

demand-side management

E&S

environmental and social

ECA

Export Credit Agency

EE

energy efficiency

EEAP

Energy Efficiency Action Plan

EPC

energy performance contract

EPT

Environmental protection tax

ERAV

Electricity Regulatory Authority of Viet Nam

EREA

Electricity and Renewable Energy Authority

ESCO

energy services company

ESG

environment social and governance

EU

European Union

EVN

Viet Nam Electricity

EVN EPTC

Viet Nam Electricity Power Trading Company

EVN NLDC

Viet Nam Electricity National Load Dispatch Centre

EVN NPT

Viet Nam Electricity National Power Transmission Corporation

FDI

foreign direct investment

FIA

Foreign Investment Agency

FIT

feed-in tariff

FTA

free trade agreement

GDP

gross domestic product

GENCO

generation company

GGU

government guarantee undertaking

GHG

greenhouse gas

GIPI

Global Intellectual Property Index

GMS

greater Mekong subregion

GW

gigawatt (one billion Watts)

IDR

issuer default rating

IE

Institute of Energy

IEA

International Energy Agency

IP

intellectual property

IPO

initial public offering

IPP

independent power producer

IPT

independent power transmission

IRENA

International Renewable Energy Agency

ISDS

investor state dispute settlement

ISO

International Organisation for Standardisation

JBIC

Japanese Bank for International Cooperation

KfW

Kreditanstalt für Wiederaufbau (German state-owned investment and development bank)

kV

Kilovolt 

KWh

kilowatt-hour

Ktoe

kiloton of oil equivalent

LCOE

levelised cost of electricity

LED

light-emitting diode

LEED

Leadership in Energy and Environmental Design (green building certification standard)

LNG

liquefied natural gas

LTMS-PIP

Laos PDR, Thailand, Malaysia, Singapore Power Integration Project

LURC

land use right certificate

MEPS

minimum energy performance standards

MOC

Ministry of Construction

MOF

Ministry of Finance

MOIT

Ministry of Industry and Trade

MONRE

Ministry of Natural Resources and Environment

MOST

Ministry of Science and Technology

MPI

Ministry of Planning and Investment

Mtoe

million tonnes of oil equivalent

MtCO₂e

million tonnes of CO₂ (carbon dioxide) equivalent

MW

Megawatt (one million Watts)

MWp

Megawatt power

NLDC

National Load Dispatch Centre

NATIF

The National Technology Innovation Fund

NDC

Nationally Determined Contribution

O&M

operation and maintenance

ODA

overseas development aid

PAYG

pay as you go

PDP

Power Development Plan

PPA

power purchase agreement

PPC

Provincial People’s Committee

PPP

public private partnership

PSC

New York Public Service Commission

PV

Photovoltaic

QAB

qualified ASEAN bank

R&D

research and development

RE

renewable energy

REDS

Renewable Energy Development Strategy

REIPPPP

South Africa’s Renewable Energy Independent Power Producers Procurement Programme

RE-IPP

renewable energy independent power producer

RPS

renewable portfolio standard

RIA-FIN

Roadmap for Monetary and Financial Integration of ASEAN

SBV

State Bank of Viet Nam

SCADA

Supervisory Control and Data Acquisition (system of software and hardware which enables remote control of equipment)

SEC

specific energy consumption

SSC

State Securities Commission

SDG

sustainable development goal

SEDS

Socio-Economic Development Strategy

SOE

state-owned enterprise

STAMTEQ

Directorate for Standards, Metrology and Quality

TVET

technical and vocational education and training

TFC

total final consumption

TOE

tonnes of oil equivalent

TPES

total primary energy supply

TRIMS

trade related investment measures

TWh

Terawatt-hour

U4E

United for Efficiency

UNFCCC

United Nations Framework Convention on Climate Change

USD

United States Dollar

VAT

value-added tax

VECEA

Viet Nam Energy Conservation and Energy Efficiency Association

VEEBC

Viet Nam energy efficiency building code

VEPF

Viet Nam Environmental Protection Fund

VEPG

Viet Nam Energy Partnership Group

VGBC

Viet Nam Green Building Council

VIET

Viet Nam Initiative for Energy Transition

Vinacomin

Vietnam National Coal and Mineral Industries Group

VND

Vietnamese Dong

VNEEP

Viet Nam Energy Efficiency Programme

VNSI

Viet Nam Sustainability Index

vRE

variable renewable energy

W

Watt

WEEE

European Union’s Waste Electrical and Electronic Equipment Directive

WIPO

World Intellectual Property Organisation

WTO

World Trade Organisation

WTO TRIM

World Trade Organisation trade related investment measures

WTO TRIPS

World Trade Organisation Trade-Related Aspects of Intellectual Property Rights Agreement