Vietnam has shared new plans to manage its electricity needs through 2030 and beyond. The plan looks at how the country can meet growing power demand while also using more renewable energy.
In the next five years, Vietnam wants to make sure there is enough electricity for homes, businesses, and industries. The plan sets targets for how much power the country will produce and use. It also includes ideas for how to reduce reliance on imported fuels by increasing local renewable energy.
From 2026 to 2030, Vietnam is looking to spend over $130 billion on power generation and building the network that delivers electricity. More money is expected to be spent from 2031 all the way to 2050, with projects focused on both generation and upgrades to the transmission system.
The government plans to reach between 560 and 625 billion kilowatt-hours of electricity production by 2030. This will come from different sources, including solar, wind, gas, and imports. Peak demand is expected to grow to nearly 100,000 megawatts.
Rooftop solar panels are one focus. By 2030, the country wants at least half of households and office buildings to use solar energy directly from their rooftops.
Vietnam also plans to grow its renewable energy share to about one-third by 2030. Wind and solar will lead that growth. The share could rise as high as three-quarters by 2050. To support this, the country will improve its electricity grid and introduce smarter systems to better manage how power flows across regions.
Vietnam wants to become a supplier of electricity to other countries as well. Power exports to nearby nations could reach up to 10,000 megawatts by 2035.
The plan also includes setting up two centres to support renewable energy industries. These centres will help with equipment supply, training, and energy services. Vietnam’s new approach aims to balance growing electricity needs with cleaner sources and new business opportunities in the region.
