Vietnam prepares for 11-15% power supply growth in 2025: ministry
Vietnam expects its electricity supply to grow 11-15% in 2025, Minister of Industry and Trade Nguyen Hong Dien said Thursday, while asking relevant state agencies and power suppliers to make utmost preparations.
At a conference hosted by the ministry, Dien presented three scenarios for 2025, based on the development in 2024.
In the basic situation, the supply growth is 11%. The "high" situation features a growth of 12-13%, with a peak of 14% during the dry season.
The figure for the “radical” scenario is 14-15%, peaking at 16% during the dry season. The minimum increase is 7%.

Minister of Industry and Trade Nguyen Hong Dien (standing) chairs a meeting to preview power supply in 2025, Hanoi, November 14, 2024. Photo courtesy of Cong Thuong (Industry-Trade) newspaper.
Dien clarified the power supply must facilitate the country’s economic growth of 7-8% in 2025 and even higher beyond 2025.
The global trend of investment relocation, amid the United States’ changing policies, is expected to boost power demand in Vietnam, he added.
The minister reaffirmed that the power development plan VIII (PDP VIII) would maximize the usage of renewable energy (offshore wind and solar power), making investments in energy storage and power transmission inevitable.
Regarding power sources, the minister asked units to increase the output of gas-fired power, even utilizing more LNG in case natural gas is insufficient.
In reply, PV Gas, a major gas producer of the country and a unit of state-owned Petrovietnam, said it is ready to supply two billion cubic meters of LNG yearly.
State-owned mining group Vinacomin noted that it can meet the coal demand of 40 million tons for electricity generation in 2025. Minister Dien asked the sector to utilize both domestic coals and those imported from Laos.
In the first 10 months of 2024, power supply in Vietnam, including power generation and power import, reached 309.7 billion kWh, up 10.09% year-on-year. The power capacity grew 7.52%, driven by 8.01% and 8.7% hikes in the northern and southern regions, respectively.
Vietnam does not need LNG-fired power for the rest of 2024, the National Power System and Market Operation (NSMO) reported at the event.
- Read More
Vietnam's leading property developer Novaland denies 'panic selling' amid chairman-linked share divestments
Novaland has denied allegations of panic selling following major planned divestments by entities linked to its chairman Bui Thanh Nhon, affirming that the moves are strategic steps to support its ongoing debt restructuring, not signs of instability.
Companies - Tue, May 13, 2025 | 8:17 am GMT+7
Vietnam's leading dairy firm TH Group inaugurates large-scale plant in Russia
TH Group inaugurated its state-of-the-art fresh milk processing plant in Borovsk district in Kaluga oblast of Russia on Sunday.
Companies - Mon, May 12, 2025 | 10:37 pm GMT+7
Indonesia accelerates development of 5G ecosystem
Indonesian Minister of Communication and Digital Affairs Meutya Hafid has reaffirmed the government’s strong commitment to building and strengthening the 5G infrastructure and technological ecosystem both nationwide and across the Asia-Pacific region.
Southeast Asia - Mon, May 12, 2025 | 9:37 pm GMT+7
Vietnam's benchmark VN-Index rallies on positive US-China deal
VN-Index surged by 15.96 points, or 1.26%, to 1,283.26 on Monday following positive information from the trade talks between the two world powers - the U.S. and China.
Finance - Mon, May 12, 2025 | 5:07 pm GMT+7
Northern Vietnam province Bac Giang seeks faster progress on Aeon Mall project
A top leader of Bac Giang province has expressed his hope that Aeon Mall Vietnam, under Japanese retail giant Aeon Mall, would push ahead with its 7.7-hectare commercial center project in order to put it into operation as soon as possible.
Real Estate - Mon, May 12, 2025 | 4:50 pm GMT+7
Work starts on many major investment projects in northern Vietnam city Hai Phong
Twelve key projects saw construction kick-start or inauguration on Sunday in the northern port city of Hai Phong.
Industries - Mon, May 12, 2025 | 4:13 pm GMT+7
Vietnam’s solar strategy for trade-tense times
Prime Minister Pham Minh Chinh on April 15 issued Decision 768 approving Vietnam's Amended National Power Development Plan VIII for 2021-2030, with vision to 2050. The decision reaffirms the government's commitment to renewable energy and positions the country as a regional frontrunner in the global energy transition, writes Dr Nguyen Vinh Khuong, a lecturer in electronic and computer systems engineering at RMIT Vietnam.
Consulting - Mon, May 12, 2025 | 2:36 pm GMT+7
Vietnam's pepper exports surge 58% in value despite lower volume
Vietnam’s pepper exports in early 2025 saw a significant rise in value despite a drop in volume, thanks to sharp increases in export prices.
Companies - Mon, May 12, 2025 | 1:30 pm GMT+7
Vietnam’s chemical giant launches e-commerce platform
State-owned Vietnam National Chemical Group (Vinachem) unveiled its e-commerce platform VinachemMart in Hanoi on Saturday, a move demonstrating its bold green and digital transformation strategy.
Companies - Mon, May 12, 2025 | 1:24 pm GMT+7
Central Vietnam city Danang seeks investors for $69.3 mln semiconductor chip lab
Danang city is seeking investors for a VND1.8 trillion ($69.29 million) project to establish a laboratory dedicated to advanced chip packaging technology.
Industries - Mon, May 12, 2025 | 12:53 pm GMT+7
Vietnam’s private economy resolution requires different implementation approach: economist
Resolution 68-NQ/TW, issued on May 4, 2025 by the Politburo - the country's supreme decision-making body, introduces breakthrough perspectives on the position and role of the private sector, says Dr. Nguyen Dinh Cung, former director of the Central Institute for Economic Management (CIEM),
Economy - Mon, May 12, 2025 | 9:38 am GMT+7
Vingroup subsidiary expects 17-fold surge in net profit
Vietnam Exhibition Fair Centre JSC (VEF), a subsidiary of conglomerate Vingroup, said it targets to rake in a net profit of VND16 trillion ($615.89 million) in 2025, nearly 17 times higher than last year’s figure.
Companies - Mon, May 12, 2025 | 8:22 am GMT+7
Vietnam, Russia sign cooperation agreements in diverse sectors
Vietnam’s Party General Secretary To Lam and Russian President Vladimir Putin witnessed the exchange of cooperation documents between the two countries following their Moscow summit meeting on May 10.
Politics - Sun, May 11, 2025 | 10:28 pm GMT+7
Russian heavyweights seek opportunities in Vietnam's energy, high-tech fields
Prominent Russian companies Zarubezhneft, AFK Sistema, and Positive Technologies are seeking investment opportunities in energy and high technology in Vietnam.
Industries - Sun, May 11, 2025 | 10:16 pm GMT+7
Vietnam, Russia adopt major orientations to chart course for bilateral ties
Vietnam and Russia have adopted a Joint Statement on major orientations to chart course for bilateral relations on the occasion of Party General Secretary To Lam's official visit to Russia from May 8-11.
Politics - Sun, May 11, 2025 | 9:18 pm GMT+7
Vietnam's leading tour operator Vietravel before capital hike: Revenue grows, profit shrinks
Ho Chi Minh City-based Vietravel has seen strong revenue growth over the past three years on the tourism industry's post-pandemic recovery, but its profit has continued to decline, with a profit margin of only around 0.5%.
Companies - Sun, May 11, 2025 | 1:34 pm GMT+7