With a young population of around 93 million, Vietnam is one of the fastest growing economies in Southeast Asia. According to the National Center for Socio-Economic Information and Forecast (NCIF) of Vietnam, its GDP growth will hit the target of 7% in 2018.
To keep the fast economic growth, Vietnam is hungry for power. In the newly adopted revised Power Development Plan VII, it depicts that Vietnam needs USD 148 billion to increase power generation and develop electricity grid through 2030 to meet the 10-12% annual growth of electricity consumption. Coal / gas will provide nearly 70% of the energy supply while renewable energy, especially solar and wind power, hold the largest potential for investment.
The 3rd Vietnam Power Development Summit 2020 (VPDS2020) taking place in on 3-4 December in Hanoi is going to bring together around 300 sr. representatives across the energy and power industry to discuss the latest development of Vietnam’s power market, share ideas, experience and innovations with power producers and investors. It offers you the best opportunity to gain the most updated market intelligence and develop local partnerships.
We look forward to welcoming you in Hanoi in December.