Vietnam Energy Information

Total Energy Consumption

Energy consumption per capita is low, at 1 toe and 2 100 kWh for electricity in 2019 (vs 1.5 toe and 2 600 kWh on average in Asia).

Since 2010, total energy consumption has increased at the significant rate of 4.6%/year, reaching 92 Mtoe in 2019. The consumption of coal and electricity has grown very quickly since 2010: by 12% and 9%/year, respectively.

Interactive Chart Vietnam Total Energy Consumption

Crude Oil Production

Oil production has been decreasing rapidly since 2015 (7%/year), reaching 12 Mt in 2019. 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.

Interactive Chart Vietnam Crude Oil Production

Renewable in % Electricity Production

As part of the draft PDP VIII, the Government aims to substantially develop wind capacity from about 600 MW in 2020 to over 11-12 GW in 2025, and over 18-19 GW in 2030 (12% of total capacity in 2025, and 13% in 2030). Solar power will be developed from 17 GW in the 2020-2025 period to about 19-20 GW in 2030 (17% of total capacity in 2025, and 14% in 2030). Battery storage and pumped-storage hydropower will reach 2.6-2.8 GW in 2030 (2% of total capacity in 2030).

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

CO₂ Fuel Combustion/CO₂ Emissions

In 2020, the Government updated its Nationally Determined Contribution (NDC). The country intends to reduce its GHG emissions by 9% by 2030 compared to a BAU scenario, equivalent to 83.9 Mt of CO₂eq, using its domestic resources. The new target is 1% point higher than in the first NDC. The GHG emissions cut target could be further increased from 25% to 27%, or 250.8 MtCO₂eq, with international support through bilateral, multilateral cooperation and the implementation of mechanisms under the Paris Agreement.