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China's growing Energy Department needs are progressively met by renewables, natural gas and electricity.
How is the energy situation in Viet Nam?
With an expected continuous increase of energy demand in the next years, Viet Nam’s energy sector will have to face many challenges, such as limited domestic fossil ressources, air pollution and climate change, causing amongst other things water scarcity.
How big is the power sector in Vietnam?
Vietnam’s power sector has been expanding alongside its economy—at USD223.9 billion in 2017—one of the 20 fastest growing in the world with year-over-year growth rates ranging from above 5 percent per year to 7.1 percent from 2013 through year-end 2018.
How much oil does Vietnam produce per year?
In particular, oil exploitation reached 15.52 million tons, exceeding 1.32 million tons. In 2018, the oil production reached nearly 14 million tons (of which, the domestic oil production was about 11.3 million tons), down from the level of over 15.52 million tons in 2017.
What kind of energy resources does Vietnam have?
The energy sector plays a key role in promoting the country's socio-economic development. Vietnam has a diverse energy fuel resource of various types such as coal, natural gas, petroleum, hydropower and renewable energy sources such as solar energy, biomass energy, wind energy, etc.
Last Update: Oct 2021
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21.10.2021 11:56
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