Context

From experts point of view, Vietnam is a country with converging geographical features, ideal climate for the production of renewable energy. With a geographical location that has a long coastline, the weather of tropical regions receives a relatively large amount of solar heat,… this is one of the great potentials for Vietnam to build and develop a renewable energy industry such as solar power plants and wind power plants, etc...

Vietnam’s economy has grown at a rate of more than 6% per year over the past 25 years and energy demand grew at nearly twice the rate of GDP. With energy consumption likely to rise steadily in the next few years, Vietnam’s energy sector will face numerous obstacles such as limited fossil fuel resources. Therefore, this article indicates the current situation of exploiting fossil fuels in our nation.

Fossil fuels have aided our civilization’s progress by powering our homes, factories and automobiles. However, their use causes a lot of negative impacts on our health, environment and production. Therefore, this article gives information about the advantages and disadvantages of this energy.

According to Mr. Le Anh Tung, Chairman of Quoc Vinh - Soc Trang Wind Power Company, the impact of the Covid-19 pandemic on Vietnam's electricity sector, in both investment and development of power sources, including renewable energy and mobilizing power generation from power plants due to the decline in production, business, service and consumption activities.

Reality has shown that the increasing demand for energy for socio-economic development has put pressure on the energy industry's infrastructure, requiring huge investment capital in the context of the country's limited resources. In addition, the domestic primary energy supply is gradually reaching the saturation threshold leading to an increasing dependence on imported fuel sources, which has a direct impact on national energy security.

Oil, coal, and natural gas are the three most common forms of fossil fuels used in Vietnam. Over the last few years, their gradual detrimental impacts on the environment, as well as the ecosystem, have been prominently observed, thereby, a host of people have instantly drawn their attention to the so-called Green energy since it is environmentally friendly. It is, however, many say that compared to the other two fossil fuels, natural gas actually has the potential, which can minimize the harmful effects, or for some people, it is considered harmless to the environment.

The recent growth of renewable energy in Vietnam deserves a place in the textbooks. But looking at just numbers or failing to understand the full scope of the country’s ambitious clean energy plan risks neglecting the real problems. To shed light on Vietnam’s sustainability prospects, it is necessary to examine the renewable energy and fossil fuels pitfalls in the country’s policy.

In 2021, the total domestic oil and gas production in Vietnam's market was estimated to decrease by 12.7% over the same period in 2020 to 18.4 million tons of oil equivalent.

From prehistory, our forefathers relied on extremely simple types of energy: human muscle, animal muscle, and the burning of biomass such as wood or crops. However, the Industrial Revolution ushered in a completely new source of energy: fossil fuels. And fossil fuels have
become one of the most essential energy sources in recent years. This article will present what fossil fuels are and what function fossil fuels play in Vietnam.

Over the years, the energy industry has developed strongly in all stages of exploration, exploitation, production, transmission, distribution, and use.