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New principles for energy efficiency 13:58 | 03/02/2021
The Ministry of Industry and Trade recently issued Circular No.25/2020/TT-BCT replacing a previous circular on efficient use of energy, and providing businesses with more straightforward procedures for registering and reporting on their energy efficiency plans. Baker McKenzie managing partner Frederick Burke and special counsel Nguyen Thanh Hai outline the key changes and how they affect enterprises.
Baker McKenzie managing partner Frederick Burke and special counsel Nguyen Thanh Hai
Circular 25 is one of the steps towards implementation of the previously-approved National Energy Efficiency Programme for 2019-2030. Compared to the previous Circular No.09/2012/TT-BCT on economical and efficient energy use, Circular 25 provides three main changes: removing burdensome admin requirements to register and report on implementation of an annual/five-year Energy Efficiency Plan (EEP); broadening the s