Renewables in Vietnam: Current Opportunities and Future Outlook
Vietnam is one of the most efficient power markets in Southeast Asia, driven by low-cost resources such as hydro and coal. The country has achieved around 99 percent electrification with relatively low cost in comparison to neighboring countries.
With electricity demand projected to increase by eight percent annually until 2025; the government is moving forward to develop renewable energy sources to ensure energy security and addressing the growing power demand.
This is an exerpt from an article appearing in Vietnam Briefing, a subsidiary of Dezan Shira & Associates. For the latest economic, regulatory and business news from Vietnam, visit vietnam-briefing.com.