Vietnam | EICTV

EIC Country Report


January 2022

Authored by

  • Nasheena Laing

    Research Analyst, EIC

  • Hirzi Iskandar Mohd Rais

    Senior Energy Analyst – All sectors (A-PAC), EIC

Vietnam, with its population of 99 million, is experiencing GDP growth higher than neighbouring Indonesia and Malaysia and is also placed above the UK and global average.

The country has the largest proven oil reserves in Southeast Asia, standing at 4.4 billion bbl and its oil production in 2019 is estimated at 207,000 barrels per day, putting it fourth in the ASEAN region.

In 2020, Vietnam renewable energy consists nearly 10 per cent out of total energy mix. By 2030, it aims to further increase it to 20 per cent representing an attractive export market for green energy firms.

Download the latest EIC Country Report to learn more about the energy landscape in Vietnam, who the major players are, PEST analysis, and advice on doing business in the country.

EIC Global Tier members have full access to all insight and country reports, which are stored on EICDataStream and can be found by clicking on the Download button below.

If you have an EICDataStream account but have forgotten your password, you can get a password reminder here.

If you are an employee at a member company but do not have access to EICDataStream, please contact your company's nominated rep or email