Energy consumption per capita is low, at 0.87 toe and 1 810 kWh for electricity in 2017 (vs 1.4 toe and 2 440 kWh on average in Asia).
Since 2000, total energy consumption has increased at the significant rate of 6.5%/year, reaching 84 Mtoe in 2017. The share of coal is growing rapidly, from 15% in 2000 to 35% in 2017. Biomass still plays an important role, although its market share ...
Oil production increased rapidly until 2000, when it reached 16.6 Mt (2.7 Mt in 1990). It then fluctuated around 15-18 Mt until 2015, before decreasing to 14.4 Mt in 2017. In 2017, Vietnam exported 2.7 Mt of crude oil and imported 18 Mt of oil products.
Oil production started in 1986 in the offshore oil field of Bach Ho (White Tiger), which is the largest oil field in the country. The ...
In 2016, the Government approved the Vietnam Renewable Energy Development Strategy to 2030 with an outlook up to 2050. The government will promote onshore wind power until 2030 and study potential offshore developments as of 2030. Solar power development will be focused on islands, borders and remote areas where no electricity supply is possible.
Under the plan, the government targets ...
Vietnam submitted its First Nationally Determined Contribution (NDC) report in 2016, reaffirming its greenhouse gas (GHG) emissions reduction unconditional target of 8% by 2030 compared to a business as usual scenario (BAU projected to be 787 MtCO2eq). The reduction target could increase to 25% if international support is provided. Vietnam will focus on transport, agriculture and land use ...
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