Vietnam shows strong political commitment to maximising green energy transition
Green transition in the energy sector is a key trend in the world and is one of Vietnam’s current top priorities. Vietnam is among countries with great potential to invest in new renewable energy sources such as solar, wind and ocean wave power, and biogas.
Vietnam’s energy industry has developed strongly in recent years, in all stages of exploration, exploitation, production, transmission, distribution and import and export of energy. However, the scale and efficiency of the energy industry are still low.
Greenhouse gas emissions from the energy sector accounted for about 63% of Vietnam’s total greenhouse gas emissions in 2010 and about 67.7% in 2020. Emissions are forecast to make up about 73.1% and 79.7% in 2030 and 2050 respectively according to the normal scenario.
