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The conditions in the Vietnamese markets including its high solar irradiation, growing electricity demand, and potential risks associated to energy generation through carbon-based fuels, provide an excellent potential for the development of solar PV projects. The country's Ministry of Trade and Industry has proposed a first draft decree designed to drive the emergence of a PV market through a series of incentives. The proposed measures would include incentives in the areas of investment capital, taxation and land rights as well as a Feed in Tariff scheme.