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Vietnam Energy Summit 2020

Co-hosted by the Government of Vietnam and the Central Economic Commission, Vietnam Energy Summit 2020 with the theme “Orientation of Vietnam’s national energy development strategy to 2030, vision to 2045” would be held on March 30th, 2020 at the International Convention Center, Hanoi. The co-organizing agencies included the Central Propaganda and Training Commission, the Ministry of Industry and Trade, the Ministry of Planning and Investment, the Ministry of Natural Resources and Environment, European Union (EU), the Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ), the Embassy of Finland and Vietnam Energy Association. IEC Group is responsible for logistics, advertising and exhibition for this event.
 
The Summit consists of: 01 High-level Forum, 04 Conference Sessions and 01 Exhibition on modern energy models and technologies.
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CO-CHAIRED BY

Senior Government Leaders at the event

The conference has the participation of senior leaders from central and local ministries, as well as leading national and international energy experts

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Vietnam's energy market potential

In the energy sector, demand has increased at a compound annual growth rate of 13% since 2000 and is expected to continue to grow at 8% until 2030. The Government estimates that the power capacity needs to increase from 42 GW to 60 GW in 2020 and 100 GW in 2030.

In the electricity sector, demand has grown at a compound annual growth rate of 13% since 2000 and is projected to continue to grow at 8% through 2030. The Government estimates that generation capacity needs to increase from the current 42 GW to 60 GW by 2020 and to 100 GW by 2030.

This would require the installation of 5 GW annually between 2018 and 2030, which poses huge technical, administrative, and financial challenges. High levels of historic investment at close to US$8 billion annually will need to be further increased to about US$8–12 billion annually frontloaded through 2030, with an increasing shift toward investments in renewable energy, thermal generation, and network infrastructure.

Source: Report “Vietnam – Maximizing Finance for Development in the Energy Sector” – World Bank

Event Timeline

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Hosts & Organizers

Attendee Profile

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