WHY VIETNAM

Vietnam at the Centre of Asia’s Energy Expansion

A high-growth energy market with major investment across oil & gas, LNG, power and grids.

This growth is backed by a clear national strategy to expand capacity, strengthen transmission and accelerate delivery. Under Power Development Plan VIII (PDP8), investment is progressing across LNG, gas-fired power, renewables and grids, creating a substantial, multi-technology investment pipeline.

The market is now in active delivery: projects are advancing, infrastructure is being built and investment is accelerating, creating opportunities for utilities, developers, investors, EPCs and technology partners across the value chain.

 

Vietnam is entering a new phase of delivery, backed by rising investment, rapid demand growth and long-term sustainability goals.
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Vietnam's Energy Growth & Transition

Gas&LNG Capa

1,100TWh+

Projected electricity demand by 2050

Energy Investment Vector

$136 BN

Planned energy investment under PDP8 by 2030

Peak Load Capacity

90 GW

Renewable energy capacity targeted by 2030

Investment

$38BN+

Annual FDI inflows driving industrial and energy demand

Oil Reserve

104GW

Planned ASEAN cross-border transmission capacity by 2030

Power Deman Growth Vector

>3X

Increase in power demand by 2050

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