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.
Projected electricity demand by 2050
Planned energy investment under PDP8 by 2030
Renewable energy capacity targeted by 2030
Annual FDI inflows driving industrial and energy demand
Planned ASEAN cross-border transmission capacity by 2030
Increase in power demand by 2050