Overview of the Electricity sector in Vietnam

Electricity development in Vietnam

Power consumption in Vietnam is continued to raise over the year fueling the socio-economic development of the country.

Concerning the consumption structure, industry continued to take the biggest share of from 47.4 % to 52 % in total consumption in 2006 and 2010, respectively. Household consumption occupied the second largest share but slightly reduced due to fast industrialization in Vietnam, from 42.9% in 2006 to 38.2% in 2010. Altogether service, agriculture and other sectors occupied approximately 10% of electricity consumption.

No.	Item	2005 (%)	2006 (%)	2007 (%)	2008 (%)	2009 (%)	2010 (%)
1	Agriculture	1.3	1.1	1.0	1.0	0.9	1.1
2	Industry	45.8	47.4	50	50.7	50.6	52.5
3	Services (Commerce, Hotels and Restaurant)	4.9	4.8	4.8	4.8	4.6	4.5
4	Household consumption and management	43.9	42.9	40.6	40.1	40.1	38.2
5	Others	4.1	3.8	3.7	3.5	3.7	3.7

Source: Draft of Master Plan of national electricity development for the period of 2011-2020 with outlook to 2030 (Master plan VII)

The growth rate of power consumption is far exceeding the GDP growth rate in the same period. For example, during 1995-2005 the annual growth rate of power consumption was over 14.9% while GDP growth rate was only 7.2%. The highest growth of power demand was found in the industrial sector (16.1%) then followed by the residential sector (14%)....

Renewable Energy in Vietnam

 

Wind Energy	Solar Energy	Biogas
Biomass	Bio-fuel	Small Hydro Power

News on Electricity Sector in Vietnam

• 
  Aussie investor mulls garbage-to-power plant project
  (17/02/2012)

  HCMC – Australia-based Trisun International Development Co. on Wednesday organized a seminar in HCMC to tout its project worth US$400 million to turn garbage to power that the investor seeks to develop in the city.

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• 
  VN, UK boost cooperation in nuclear energy
  (17/02/2012)

  A seminar entitled, “Boosting cooperation in nuclear energy between Vietnam and UK ” took place in Hanoi on Feb. 16.

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• 
  Billions dollars for power plants, little for transmission system
  (16/02/2012)

  While most investors have sunk all of their mobilised capital into building power-generating plants, little attention and funding has been paid to the establishment of the transmission system.

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• 
  US discussed energy cooperation with Vietnam
  (15/02/2012)

  The Hanoitimes - US Assistant Secretary of Energy David Sandalow o­n February 10 concluded a two-day visit to Vietnam to explore ways to broaden cooperation between the two nations o­n energy issues.

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