The Government''s public investment plan for 2026 totals VNĐ1.08 quadrillion, the largest on record and about VNĐ175 trillion higher than the 2025 plan, the ministry said.
Việt Nam’s wind power ambitions face persistent hurdles over financing, transmission infrastructure and policy clarity despite strong growth potential and rising energy demand nationwide.
Deputy Prime Minister Phạm Gia Túc has ordered the acceleration of major power and energy projects to ensure they meet energy security and economic growth targets.
To sustain GDP growth of around 10 per cent, electricity demand is expected to increase by 12-15 per cent annually, requiring an additional 7,000-8,000 MW of new capacity each year.
The publication comes as Việt Nam faces rising electricity demand driven by rapid economic growth and industrial expansion, while also seeking to reduce greenhouse-gas emissions under its international climate commitments.
From operating the power system and supplementing supply sources to promoting electricity conservation and developing battery energy storage systems (BESS), a wide range of measures are being deployed to ensure stable power supply during periods of extreme demand.
Việt Nam is looking to unlock the vast potential of its nearly 8,000 reservoirs to drive sustainable aquaculture growth, boost rural livelihoods and strengthen the fisheries value chain.
Organised by the Vietnam Chamber of Commerce and Industry (VCCI) and Diễn Đàn Doanh Nghiệp (Business Forum) magazine, the event gathered policymakers and industry representatives to discuss how to accelerate renewable energy adoption and ensure stable power supply.
The Ministry of Industry and Trade has urged faster action to remove bottlenecks in implementing the revised PDP8 and accelerate power and grid projects to support double-digit growth.
Việt Nam will strive to increase the proportion of renewable energy sources to approximately 47 per cent of the country’s total electricity capacity by 2030.
The revision calls for more efficient use of domestic resources alongside imports and balanced development across the energy system, including electricity, oil and gas, coal and renewables.
Việt Nam has raised its economic growth target to double-digit growth during 2026–30, which has altered energy demand projections and requires revisions to the national energy plan to safeguard energy supply for the economy.