Assesses the evolution of Vietnam’s electricity generation mix and the scale of capacity expansion required to meet the targets of the revised PDP8. It highlights the growing role of renewable energy and examines potential pathways to accelerate investment and deployment to support the country’s energy transition and long-term energy security.

Assesses the development of Vietnam’s competitive electricity market, including market structure and governance, the level of competition, and electricity pricing mechanisms. While the legal and regulatory foundations of the Vietnam Wholesale Electricity Market (VWEM) have been established, implementation remains partial with limited wholesale buyer participation. The report also highlights the growing role of private investors in generation, alongside EVN’s continued dominance in transmission, distribution, and wholesale purchasing, and examines how current pricing structures influence market signals and sector development.

Assesses the progress of Vietnam’s grid infrastructure expansion and reliability as the power system grows and integrates higher shares of renewable energy. The report reviews the scale of planned transmission expansion under the revised PDP8, ongoing digital upgrades across the grid, and emerging gaps in distribution planning and adoption of advanced technologies such as smart metering and wide-area monitoring systems. It also highlights the significant improvement in grid reliability over the past decade, reflected in sharp reductions in both outage frequency and duration for electricity consumers.

Examines recent trends in electricity demand and consumption patterns in Vietnam, including overall demand growth, system flexibility, energy efficiency, tariff regulation, and consumer commitment to sustainability. Electricity demand continues to grow steadily in line with economic development, while rural electrification has reached near-universal levels and electricity’s share in the final energy mix is gradually increasing. The report also highlights Vietnam’s stable load profile, improvements in energy productivity, and opportunities for further gains through structural economic shifts. In addition, it reviews the current retail tariff structure and recent price adjustments, as well as the growing willingness of industry and communities to engage in energy transition efforts.

Assesses the readiness of Vietnam’s energy supply chain to support the rapid expansion of the power sector. The report examines workforce capacity and the availability of critical equipment needed to deliver new generation and grid projects. While Vietnam has demonstrated strong capability in deploying renewable energy technologies such as solar and onshore wind, significant workforce gaps may emerge in the coming years as the sector expands. In addition, the timely procurement of key equipment - particularly for large-scale and emerging technologies such as offshore wind - will be essential to meet the ambitious targets set under the revised PDP8.