The power sector will become an increasing investor focus over the coming decade as the Vietnamese government seeks to bridge power shortages through foreign direct investment FDI and the public equity markets, analysts and investment bankers say.
The government is having to play catch up because installed capacity growth has been running far short of demand, which has surged to low double digit levels thanks to the country’s booming manufacturing sector.
But analysts say Vietnam is now getting its act together and is planning to triple capacity by 2030 when the government forecasts consumption will reach 550 billion kWh compared to 84.1 billion in the first half...
¬ Haymarket Media Limited. All rights reserved.
