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Vietnam Energy Information

2018 Vietnam Key Figures

Population: 96.6 million
GDP growth rate: 7.08 %/year
Energy independence: 78.4%

* at purchasing power parity
Total consumption/GDP:* 95.5 (2015=100)
CO2 Emissions: 2.30 tCO2/capita
Rate of T&D power losses: 7.16%

Vietnam Related News

Interested in a daily & world selection of energy articles? More information on Key Energy Intelligence

Vietnam Related Research

Total Energy Consumption

Energy consumption per capita is low, at 0.9 toe and 1 900 kWh for electricity in 2018 (vs 1.4 toe and 2 500 kWh on average in Asia).

Since 2000, total energy consumption has increased at the significant rate of 6.3%/year, reaching 87 Mtoe in 2018. The consumption of coal and electricity has grown very quickly since 2000: by 14% and 13%/year, respectively.

Interactive Chart Vietnam Total Energy Consumption

More research: Vietnam energy report

Crude Oil Production

Oil production has been decreasing rapidly since 2015 (10%/year), reaching 13 Mt in 2018. It increased rapidly until 2000, when it reached 16.6 Mt (2.7 Mt in 1990), and then fluctuated around 15-18 Mt until 2015.

The Ca Tam offshore oilfield (with reserves of 4.3 Mt), in southern Vietnam, came into operation at the beginning of 2019. The country started oil production in 1986 in the Bach Ho offshore field (White Tiger), production at which has been falling since 2001. A second important field, Dai Hung ("Big Bear"), started production in 1994.

Interactive Chart Vietnam Crude Oil Production

More research: Asia Refineries Dataset

Renewable in % Electricity Production

As part of the New Energy Master Plan, the Government issued a resolution in February 2020 setting out more ambitious long-term goals for renewables than in the Renewable Energy Development Strategy of 2016. The share of renewables in total primary energy supply is expected to reach 15-20% by 2030 and 25-30% by 2045.

Interactive Chart Vietnam Share of Renewables in Electricity Production (incl hydro)

CO2 Fuel Combustion/CO2 Emissions

Vietnam NDC reaffirmed its GHG emissions reduction unconditional target of 8% by 2030 compared to a BAU scenario (BAU projected to be 787 MtCO2eq). The reduction target could increase to 25% if international support is provided. Vietnam will focus on transport, agriculture, and land use to reduce GHG emissions.

CO2 emissions from energy combustion have increased very rapidly (almost 10%/year since 2000) to reach 222 MtCO2 in 2018.

Graph: CO2-ENERGY EMISSIONS (MtCO2)

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