On March 13, 2019, the Prime Minister issues the Decision No. 280/QD-TTg on approval of the National Energy Efficiency Programme for the period of 2019-2030 (VNEEP 3) demonstrating the commitment of Vietnam Government, agencies from central to local level, associations, businesses and individuals to energy efficiency in particular and to responding to climate change and environmental protection in general.

​

The VNEEP 3 is divided into two periods of 2019 - 2025 and 2026 - 2030. Main tasks of the VNEEP 3 is (1) reviewing, developing, and finalizing mechanisms and policies on economical and efficient use of energy; (2) Providing technical and financial assistance to promote business, production and investment projects on economical and efficient use of energy for the following activities: producing, manufacturing, renovating and transitioning markets of vehicles, equipment, machinery, production lines, public lighting, energy-saving household appliances,… (3) building Vietnam energy data center, databases, application of information technology on energy and economical and efficient use of energy; (4) Enhancing capacity for economical and efficient use of energy; (5) Strengthening inspection and supervision, forcing and guiding the implementation and evaluation of the results of adoption of legal regulations on economical and efficient use of energy.

The VNEEP 3 also focuses on communication to raise community awareness about economical and efficient use of energy; strengthening international relations and cooperation in the field of economical and efficient use of energy; scientific research and technological development on economical and efficient use of energy and establishing funds to promote economical and efficient use of energy. 

The VNEEP 3 aims to mobilize all the national and international resources for stimulating economical and efficient use of energy through the synchronous implementation of assignments and solutions of State management, technical assistance, science and technology research and product development, market transition, human resource training and development, and also utilization of support from the international community in the field of economical and efficient use of energy. Another overall objectives are to formulate the habit of using energy economically and effectively in all social activities; to reduce intensive use of energy in a variety of economic sectors and industries; energy efficiency becomes a regular activity in key energy users and key economic sectors that consume a lot of energy, with an aim at green growth and sustainable development. 

Specific objectives of the VNEEP 3 are to save 5.0 – 7.0% and 8-10% of the national energy consumption in the period of 2019-2030 and 2019 – 2025 respectively. 

The VNEEP 3 is implemented and adopted nationwide and applies to all subjects including agencies, organizations, and individuals related to energy use and management activities in Vietnam. Funding sources for the implementation of the VNEEP 3 is expected to be VND 4,400 billion including VND 600 billion from economic operation funding of the central budget, VND 1,600 billion from non-refundable aid and VND 2,200 billion from ODA and concessional loans. 

The VNEEP in the period of 2019-2030 is scaled up by inheriting and promoting positive results and reducing the limitations of the VNEEP during the past periods, in great coordination and integration with other programs being implemented.