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Vietnam Energy Information

Vietnam Key Figures

Population: 96.5 million
GDP growth rate: 7.02 %/year
Energy independence: 66.5%

Data of the last year available: 2019
Total consumption/GDP:* 94.5 (2005=100)
CO2 Emissions: 2.77 tCO2/capita
Rate of T&D power losses: 6.63%

* at purchasing power parity

View all macro and energy indicators in the Vietnam energy report

Vietnam Related News

View all news, archive your new and create your own daily newsletters only on your topics/countries of interest with Key Energy Intelligence

Vietnam Related Research

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

A data overview is available in the global energy statistics app

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

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

View the detailed fondamentals of the market at country level (graphs, tables, analysis) in the Vietnam energy report

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

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

Additionally, for more detailed information on refineries, you can request a sample of our Asia Refineries Dataset

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 to 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 2020-2025 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)

Benefit from up to 2 000 up-to-date data series for 186 countries in Global Energy & CO2 data

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% 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.

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