Energy

Vietnam Energy

Substantial hydrocarbons and hydropower resources have allowed Vietnam to be largely energy self-sufficient and supported rapid economic growth. Exploitation of its coal and the harnessing of rivers for hydropower has helped Vietnam meet double-digit growth in demand for power, providing almost universal electricity access to its people. Development of the country’s oil and gas reserves has seen it become a net crude oil exporter and meet its gas demand in full. High annual GDP growth – at an average of 7-8% over the past 20 years – and increased affluence among a growing population have led to soaring demand for energy.

This chapter contains interviews with Duong Quang Thanh, Chairman, Vietnam Electricity; and Bui Ngoc Bao, Chairman, Vietnam National Petroleum Group.