Vision & Orientation

Over the last several years, Vietnam’s economy has been growing at a significant rate and is expected to grow at the rate of 6.5-7.5% per year till 2030. To maintain as well as raise the economic growth rate, electricity production is required to reach 2.2% of growth for every 1% of GDP growth.

Vietnam is a country with abundant sources of renewable energy, from wind power to solar power with the number can reach tens of thousands to a hundred thousand MW. While the amount of biomass energy in Vietnam in 2015 reached 58 millions TOE, and is expected to reach 70 millions TOE in 2030 and 88 millions TOE in 2050.

Renewable energy is one of the most emphasized solutions in reducing greenhouse gas as well as one approach toward a more sustainable development in Vietnam.