
GWEC launches Policy Pulse on Vietnam as part of its Market Intelligence Platform
The Global Wind Energy Council (GWEC) has launched a Policy Pulse report on Vietnam, which provides qualitative analysis of the political and macroeconomic headwinds steering the wind sector and the measures needed to unlock greater wind power potential.
Vietnam has one of the fastest-growing energy consumption rates in South East Asia, with a growing population of 96.7 million people and steady economic growth. But its development roadmap, outlined by the National Power Development Plan 7, is currently dependent on coal power. Coal is primed to supply more than half of the country’s power by 2030, leaving Vietnam vulnerable to commercial volatility, climatic risks and political headwinds from trading and development partners.