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COUNTRY PAGE - Vietnam

Vietnam is a country in the mainland of Southeast Asia with Hanoi in the North as its capital and Ho Chi Minh City in the South as its largest city. The country is a socialist republic. Vietnam is in the midst of a power sector transition, moving from a monopolized energy market to a more decentralised system. With this transition, the government hopes to invest more in renewables, in order to provide energy security and meet the rising power demand, as an eight percent annual rise in electricity demand until 2025 is predicted. Vietnam has an electrification rate of about 99%, which is higher than in most of its neighbouring countries.

Population
Population

97 Million

GDP
GDP/capita

3700 USD

Target
Net-zero Target

2050

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With a combined power generation of almost 12%, Viet Nam has the largest share of wind and solar power in the region and hydro power accounts for another 30%. Nevertheless, coal still generated almost half of the country’s electricity in 2021.

Viet Nam has a large industry sector, which consumes more than half of its electricity. This is followed by households (31%) and services (12%).

Generation by Fuel
Emissions by Fuel
Demand by Sector

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Vietnam
Vietnam Low Emission Energy Program held CMVP Program

The Vietnam Low Emission Energy Program (V-LEEP), funded by the United States Agency for International Development (USAID), is designed to assist the Government of Vietnam (GVN) in establishing an effective policy, regulatory, and incentive environment for low-emission growth in the energy sector, while simultaneously attracting public- and private sector investment in renewable energy development and industrial energy efficiency.

9/14/2022 10:40:52 AM | Ralph Justice Apita
US-funded project to boost Vietnam’s renewable energy development

The Vietnam Low Emission Energy Programme II (V-LEEP II), which is worth US$36 million and funded by the US Agency for International Development (USAID), was kicked off in Hà Nội late last week.  

9/14/2022 10:06:27 AM | Ralph Justice Apita
United States Contributes to Advancing Vietnam’s Energy Sector

The United States Agency for International Development (USAID) and Vietnam’s Ministry of Industry and Trade (MOIT) marked the completion of the five-year USAID Vietnam Low Emission Energy Program (V-LEEP) today. Through V-LEEP, MOIT and USAID worked together to enhance Vietnam’s capacity in developing long-term energy strategies, mobilize private investments for renewable energy, and improve compliance of industrial energy efficiency.

9/14/2022 10:03:35 AM | Ralph Justice Apita
VIRTUAL POWER PLANT TECHNOLOGY RECOMMENDED FOR VIET NAM

The very first testing of Virtual Power Plant (VPP) should be shortly organised with appropriate scale and amount of time in Viet Nam, so power system and market operators, as well as the Electricity Regulatory Authority of Vietnam (ERAV) have a basis for considering and issuing legal and technical regulations. The VPP can be then put into operation to support the integration of renewable energy resources into the country’s power grid.

9/14/2022 9:29:26 AM | Ralph Justice Apita
UTILIZING DIGITAL PLATFORM TO PROMOTE ENERGY EFFICIENCY AND GENDER-EQUALITY IN THE FIELD

The website Vietnam Energy Efficiency Community (VEECOM) is attracting attention of individuals and enterprises to the benefits of energy efficiency and  contributing to gender equality in the field.

9/14/2022 9:27:12 AM | Ralph Justice Apita

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