Sector Insight

The power sector is one of the key sectors in Vietnam. In the period 2020-2030, the total national electricity consumption has a CAGR of 8.52%, showing the steady and solid growth of the industry. Besides, Vietnam is shifting its power structure to an environmentally friendly direction in order to bring carbon emissions to zero by 2050. Based on that orientation, gas turbine & wind power will be prioritized for development in the period. period 2020-2030.

In 9M2022, the hydropower segment had impressive business results thanks to favorable weather. However, the La Nina phenomenon will pass through neutral status, which will help the thermal power segment to be mobilized for mobilization.

#Power #NT2