Renewables in Vietnam

By Melissa Keane, Huong Tran, Hien Nguyen
Asia Energy Renewables Vietnam

Opportunities for investment

The demand for electricity in Vietnam is rising rapidly to power the growing economy. Forecasts predict an annual growth rate for electricity of ‘near-double’ digits in the years to come. To keep pace with demand, the Government has envisioned substantial expansion to the national power generation capacity and introduced policies to cultivate the development of renewable energy.

In this paper, we provide an overview of the Vietnamese renewable energy market and discuss recent developments, as well as the opportunities and challenges they bring about for investors.

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