Experts suggest measures to develop Vietnam hydropower resource
The Vietnamese government should increase the exploitation of hydropower in the context of increasing electricity demand as the potential of the resource remains large, experts said.

Lai Chau hydroelectric plant in Lai Chau province, northern Vietnam. Photo courtesy of Vietnam News Agency.
According to the National Power Development Plan VIII (PDP VIII) for 2021-2030, with a vision to 2050, the total designed capacity of the country’s hydropower resource will reach 29,346 MW and the output can stand at 101.7 billion kWh per year. The numbers are expected to increase to more than 36,000 MW and 114 billion kWh per year, respectively, by 2050.
By the end of 2023, the total designed capacity of the country’s hydropower resource was nearly 23,000 MW and the output was more than 80 billion kWh.
According to experts, with abundant hydroelectric resources, Vietnam can continue to exploit a maximum designed capacity of 30,000-38,000 MW and the output can reach up to 120 billion kWh per year.
Meanwhile, hydropower is considered an optimal and reliable resource thanks to its flexible power generation capabilities.
According to energy expert Dr. Nguyen Huy Hoach, with low operating costs, hydroelectric plants are the most flexible and reasonable resource in Vietnam's electricity system.
"In particular, storage technologies, such as pumped storage and battery storage hydropower, will help complement and support each other in the power system in the future," he added.
Hoach said with 41 large hydropower plants with a total designed capacity of 14,330 MW that are under operation and can be expanded, the remaining potential of hydropower is huge.
Da Dang Son, director of the Center for Energy and Green Development, said that investment in expanding a number of existing hydropower plants will provide a peak capacity for the power system and reach a reasonable level in using the rivers' water resources.
Besides, when hydroelectric plants are expanded, they will provide a significant amount of additional energy and improve the electricity quality for the system.
According to experts, the expansion of existing hydropower plants does not increase negative impacts on the environment because they do not change the current scale of dams and reservoirs.
Many countries are taking advantage of available water resources from irrigation lakes to arrange hydropower plants downstream of dams to fully exploit this artificial hydropower source.
Vietnam has more than 7,000 dams and reservoirs in operation to serve for agriculture, industry and daily life, with a total storage capacity of about 14.5 billion cubic meters. It will be a great advantage for Vietnam if the country can build hydroelectric plants behind the dams and reservoirs.
Hoach suggests it is necessary to survey all irrigation dams and reservoirs to see whether building hydroelectric plants behind them is possible to increase flexible power resources for the system.
As for pumped storage hydropower, Hoach said Vietnam has nine locations that can be built pumped storage hydropower plants with a total capacity of 12,500MW.
According to the PDP VIII, there will be 2,700MW of capacity from pumped storage hydropower by 2030 and the number will increase to 39,700MW by 2050.
- Read More
Halal market presents major opportunities for Vietnamese businesses
The global Halal market is projected to reach $5 trillion by 2030, with Malaysia alone expected to hit $113.2 billion, said Shariza binti Abdul Rasheed, Halal product manager at Maybank Malaysia.
Economy - Thu, August 7, 2025 | 9:18 pm GMT+7
Steel major Hoa Phat to pour extra $130 mln into central Vietnam plant
Vietnam’s leading steelmaker, Hoa Phat Group (HoSE: HPG), will increase investment in its Dung Quat 2 iron and steel production complex by VND3.4 trillion ($129.7 million) as part of an expansion plan.
Industries - Thu, August 7, 2025 | 8:03 pm GMT+7
Vietnam’s army-backed construction firm proposes 14 offshore wind power projects
Lung Lo Construction Corporation (LLC), under the Ministry of National Defense, has submitted investment proposals for 14 offshore wind power projects with a combined capacity of 9,000 MW.
Energy - Thu, August 7, 2025 | 5:07 pm GMT+7
Vietnam's agri major Hoang Anh Gia Lai fined for bond information disclosure failure
Vietnam's agri major Hoang Anh Gia Lai JSC has been fined VND92.5 million ($3,528) for failing to disclose bond-related information as required by law.
Companies - Thu, August 7, 2025 | 4:31 pm GMT+7
Northern Vietnam province accelerates $2.2 bln LNG-to-power project
Quang Ninh province will hand over 4.9 hectares of reclaimed land to the Quang Ninh LNG-fuelled power plant project before August 11, local authorities stated at a meeting on Wednesday.
Energy - Thu, August 7, 2025 | 4:17 pm GMT+7
Vietnam's seafood firms ride profit wave ahead of US tariff hike
Vietnam’s seafood companies reported surging profits in Q2/2025, driven by importers ramping up purchases ahead of new U.S. reciprocal tariffs.
Economy - Thu, August 7, 2025 | 2:21 pm GMT+7
Le Anh Tuan appointed new CEO of Dragon Capital Vietfund Management JSC
Dragon Capital Group, Vietnam's largest asset manager, has appointed Le Anh Tuan as CEO of its arm Dragon Capital Vietfund Management Joint Stock Company (DCVFM), starting from October 1, 2025.
Companies - Thu, August 7, 2025 | 2:01 pm GMT+7
Indonesia, Malaysia, Thailand expand local currency transaction network
Bank Indonesia, Bank Negara Malaysia, and Bank of Thailand have added new Appointed Cross Currency Dealer (ACCD) participating banks to broaden services for bilateral transactions in local currencies across the three nations, Bank Indonesia said in a statement on Tuesday.
Southeast Asia - Thu, August 7, 2025 | 12:48 pm GMT+7
ASEAN to sign MoU on regional power grid implementation
ASEAN member states are set to sign an MoU on the implementation of the ASEAN Power Grid during the bloc’s Energy Ministers’ Meeting this October.
Southeast Asia - Thu, August 7, 2025 | 12:43 pm GMT+7
Vietnam overtakes Thailand to become world's second-largest rice exporter
Vietnam has outranked Thailand as the world’s second-largest rice exporter in the first half of 2025, Thai PBS reported on August 3, citing the Thai Rice Exporters Association.
Companies - Thu, August 7, 2025 | 12:41 pm GMT+7
Vietnam posts trade surplus of $10.18 bln in 7 months
Vietnam’s export earnings grew by 14.8% to $262.44 billion in the first seven months of this year, while its import turnover rose by 17.9% to $252.26 billion, resulting in a trade surplus of $10.18 billion.
Economy - Thu, August 7, 2025 | 12:19 pm GMT+7
Malaysia pledges big purchases, investments with US
Malaysia has agreed to buy and invest over $240 billion (MYR1.02 trillion) in the U.S. to help reduce the trade gap between the two countries.
Southeast Asia - Thu, August 7, 2025 | 12:08 pm GMT+7
Vietnam's leading property developer Novaland to issue 152 mln shares to settle $229 mln debt
Novaland, a major real estate developer in Vietnam, plans to issue nearly 152 million new shares to swap more than VND6 trillion ($228.8 million) worth of bond principal.
Companies - Thu, August 7, 2025 | 10:11 am GMT+7
Vietnam's FDI capital disbursement hits five-year record high despite US tariff turmoil
Disbursed foreign direct investment (FDI) capital in Vietnam reached $13.6 billion in Jan-July, up 8.4% year-on-year, despite U.S. tariff concerns.
Economy - Thu, August 7, 2025 | 9:57 am GMT+7
Malaysia steps up efforts to explore nuclear energy potential
Malaysia’s Minister of Science, Technology and Innovation Chang Lih Kang on Wednesday reaffirmed his ministry’s commitment to enhancing cooperation with the Ministry of Energy Transition and Water Transformation (PETRA) in exploring the potential of nuclear energy.
Southeast Asia - Thu, August 7, 2025 | 8:10 am GMT+7
Indonesia's economy grows faster than expected
Indonesia's economy expanded by 5.12% year-on-year in Q2/2025, up from 4.87% in the previous quarter, exceeding the forecasts of many economic organizations, which had previously projected a rate of less than 5%, according to Statistics Indonesia (BPS).
Southeast Asia - Thu, August 7, 2025 | 8:07 am GMT+7