The Ministry of Industry and Trade’s (MOIT) report to the Prime Minister on the PDP VIII shows big changes in installed power capacity by 2030. It is expected that total capacity would reach 145,930 MW, not including solar power and cogeneration sources.
Vietnam plans to step up the production of gas-fired thermal power by 2030. However, experts have warned of the risks in implementation speed, as Vietnam would have only eight years ahead. Meanwhile, the development of gas-fired projects heavily depends on domestically exploited gas and imports (7,240 MW of power using domestic gas and 23,900 MW of LNG).