Deputy PM: Vietnam encourages renewable energy development

Published onAugust 21, 2019

Deputy Prime Minister Trinh Dinh Dung has stated that the Vietnamese government always encourages the development and effective use of renewable energies, towards sustainable socio-economic development. During a reception in Hanoi on August 15 for General Director of Norway’s Scatec Solar company Raymond Carlsen, Deputy PM Dung said with an annual economic growth of nearly 7% and a population of more than 90 million, Vietnam sees growing demand for electricity. The country needs an estimated 90,000 MW of electricity by 2025 and around 130,000 MW by 2030, he said, adding that the current main sources of power for Vietnam are still thermal and hydropower, accounting for 40% of total output. However, the potential of those sources has dropped, hence the Government’s policy to encourage renewable energy sources such as solar and wind power.