Energy in Vietnam

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Vietnam is a dynamic developing economy with a relatively high growth rate. The energy sector plays a key role in promoting the country's socio-economic development. Vietnam has a diverse energy fuel resource of various types such as coal, natural gas, petroleum, hydropower and renewables such as solar and wind energy. The country has recently been successful in renewable energy deployment, especially solar and wind power development.^[1] Coal has been the key power generation source since 2018. Coal accounted for about 30% of installed capacity and 47% of electricity generation in 2021 ^[2] The high use of coal makes Vietnam an increasingly important emitter of carbon dioxide, contributing to climate change.