Key Market Indicators
Vietnam's electricity generation is projected to hit approximately 338 terawatt-hours by 2028, up from around 273 terawatt-hours in 2023. This marks an average annual growth rate of 3.4%. Since 1990, Vietnam's electricity supply has seen a significant annual increase, averaging 5.5% per year. In the global ranking for 2023, Vietnam secured the 20th position, with Australia slightly ahead, also producing about 273 terawatt-hours. Leading the global electricity generation rankings were the United States, India, and Russia, occupying the 2nd, 3rd, and 4th spots, respectively.
