Clean Electricity Transition in Vietnam: Trends, Challenges and Enablers

Vietnam has become the world’s tenth-largest producer of solar power. Additionally, the country’s share of fossil generation declined to 57% in 2021, from about 65% in the mid-2010s. Vietnam’s transition towards a clean electricity future is very likely to deepen in the coming years, as it endeavours to reduce its dependence on fossil fuels for electricity generation.

This report was launched by the AVPI, in partnership with the Asia Society Policy Institute, at a roundtable discussion in September 2023. The roundtable, hosted by Founding Partner, Asia Society Australia, centred around the key findings of the report and invited key participants to share their knowledge and experience on Vietnam’s clean electricity transition. 

The report provides an overview into Vietnam’s current power sector and the issues and challenges that lay ahead in Vietnam’s transition towards a clean electricity future. It also explores how Australia’s extensive experience in renewable energy development can provide vital support in helping Vietnam navigate the complexities involved in its transition towards a clean electricity future.