Based on the forecast data for primary energy consumption in Vietnam from 2024 to 2028, there is a clear upward trend. In 2023, the actual value of primary energy consumption stood at 4.78 Exajoules. Year-on-year percentage increases for the forecasted years are as follows: 4.19% for 2024, 4.03% for 2025, 3.67% for 2026, 3.36% for 2027, and 3.43% for 2028. Over the last five years, the Compound Annual Growth Rate (CAGR) is projected to be approximately 3.74%, indicating steady growth in energy demand.
Future trends to watch for include the impact of Vietnam's economic growth on energy consumption, advancements in renewable energy technologies, government policies promoting energy efficiency, and international energy market dynamics that may influence Vietnam's energy imports and consumption patterns.
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