Key Market Indicators
Vietnam's electricity generation is forecasted to hit approximately 338 terawatt hours by 2028, up from around 273 terawatt hours in 2023. This marks an annual compound growth rate of 3.4%. Historically, Vietnam's electricity supply has been expanding at an annual rate of 5.5% since 1990. In the global rankings for 2023, the country holds the 20th position, with Australia slightly ahead at 273 terawatt hours. Leading the rankings, the United States, India, and Russia secure the second, third, and fourth positions, respectively.
