Sponsors | Exhibitors
Vietnam Energy Summit 2020
Co-hosted by the Central Economic Commission, the Central Propaganda and Training Commission and the Party Committees of Ministry of Industry and Trade, Vietnam Energy Summit 2020 with the theme “Vietnam’s national energy development strategy orientation to 2030, with a vision toward 2045” would be held on February 26th, 2020 at the International Convention Center, Hanoi. The co-organizing agencies included the Ministry of Natural Resources and Environment, Ministry of Finance, State Bank of Vietnam and Vietnam Energy Association. IEC Group is responsible for logistics, advertising and exhibition for this event.
This is the most prestigious event of Vietnam’s energy industry in 2020 in order to promptly implement the Politburo’s guidelines and policies on national energy development. Vietnam Energy Summit 2020 is expected to attract participants from the Party’s strategic advisory agencies on the socio-economic, State management agencies, local regulatory agencies, business community, national and international experts in the field of energy.
The Summit consists of: 01 High-level Forum, 03 Conference Sessions and 01 Exhibition on modern energy models and technologies.
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