Renewable Energy in Vietnam

May 2026 | 42 pages | ID: VF5D41B60721EN
MarketLine

Abstracts

Summary

Renewable Energy in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market size (value 2020-25, and forecast to 2030). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The renewable energy market includes the net generation of electricity through renewable sources. The market is segmented into hydroelectricity, wind, solar PV, biopower, and geothermal. Market volume represents the net volume of electricity produced through renewable means. Market value is calculated by multiplying the amount of electricity produced by the wholesale price.
• The Vietnamese renewable energy market recorded a value of $4,136.8 million in 2025, representing a compound annual growth rate (CAGR) of 5.8% between 2020 and 2025.
• Market production volume increased with a CAGR of 6.9% between 2020 and 2025, reaching a total of 119,880.4 GWh in 2025.
• In 2025, the Vietnamese renewable energy market grew by 1.3% due to increased renewable electricity installed capacity across the country. For instance, according to GlobalData, in 2025, the renewable electricity installed capacity in Vietnam grew at 51.0

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the renewable energy market in Vietnam
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the renewable energy market in Vietnam
• Leading company profiles reveal details of key renewable energy market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Vietnam renewable energy market with five year forecasts

Reasons to Buy

• What was the size of the Vietnam renewable energy market by value in 2025?
• What will be the size of the Vietnam renewable energy market in 2030?
• What factors are affecting the strength of competition in the Vietnam renewable energy market?
• How has the market performed over the last five years?
• What are the main segments that make up Vietnam's renewable energy market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market Value
1.2. Market Value Forecast
1.3. Market Volume
1.4. Market Volume Forecast
1.5. Category Segmentation
1.6. Geography Segmentation
1.7. Market Rivalry
1.8. Competitive Landscape

2 MARKET OVERVIEW

2.1. Market Definition
2.2. Market Analysis
2.3. Market Trends
2.4. Regulatory Landscape

3 MARKET DATA

3.1. Market Value
3.2. Market Volume

4 MARKET SEGMENTATION

4.1. Category Segmentation
4.2. Geography Segmentation

5 MARKET OUTLOOK

5.1. Market Value Forecast
5.2. Market Volume Forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer Power
6.3. Supplier Power
6.4. New Entrants
6.5. Threat Of Substitutes
6.6. Degree Of Rivalry

7 COMPETITIVE LANDSCAPE

7.1. Who are the leading players?
7.2. What are the strategies followed by the leading players?
7.3. What are the recent developments?

8 COMPANY PROFILES

8.1. Vietnam Electricity
8.2. T&T Group JSC
8.3. PetroVietnam Power Corp

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry Associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Vietnam renewable energy market value: $ million, 2020-25
Table 2: Vietnam renewable energy market volume: GWh, 2020-25
Table 3: Vietnam renewable energy market category segmentation: % share, by value, 2020-25
Table 4: Vietnam renewable energy market category segmentation: $ million, 2020-25
Table 5: Vietnam renewable energy market geography segmentation: $ million, 2025
Table 6: Vietnam renewable energy market value forecast: $ million, 2025-30
Table 7: Vietnam renewable energy market volume forecast: GWh, 2025-30
Table 8: Vietnam Electricity: Key Facts
Table 9: Vietnam Electricity: Key Employees
Table 10: T&T Group JSC: Key Facts
Table 11: PetroVietnam Power Corp: Key Facts
Table 12: PetroVietnam Power Corp: Annual Financial Ratios
Table 13: PetroVietnam Power Corp: Key Employees
Table 14: Vietnam Size of Population (Million), 2021-25
Table 15: Vietnam Real GDP (Constant 2010 Prices, $ Billion), 2021-25
Table 16: Vietnam GDP (Current Prices, $ Billion), 2021-25
Table 17: Vietnam Inflation, 2021-25
Table 18: Vietnam Consumer Price Index (Absolute), 2021-25
Table 19: Vietnam Exchange Rate, 2020-25

List Of Figures

LIST OF FIGURES

Figure 1: Vietnam renewable energy market value: $ million, 2020-25
Figure 2: Vietnam renewable energy market volume: GWh, 2020-25
Figure 3: Vietnam renewable energy market category segmentation: $ million, 2020-25
Figure 4: Vietnam renewable energy market geography segmentation: % share, by value, 2025
Figure 5: Vietnam renewable energy market value forecast: $ million, 2025-30
Figure 6: Vietnam renewable energy market volume forecast: GWh, 2025-30
Figure 7: Forces driving competition in the renewable energy market in Vietnam, 2025
Figure 8: Drivers of buyer power in the renewable energy market in Vietnam, 2025
Figure 9: Drivers of supplier power in the renewable energy market in Vietnam, 2025
Figure 10: Factors influencing the likelihood of new entrants in the renewable energy market in Vietnam, 2025
Figure 11: Factors influencing the threat of substitutes in the renewable energy market in Vietnam, 2025
Figure 12: Drivers of degree of rivalry in the renewable energy market in Vietnam, 2025