Vietnam PM Initiates Review of Delayed Power Projects
October 26, 2026
During a recent meeting, Prime Minister Le Minh Hung highlighted the urgent need for sufficient electricity supplies to support Vietnam's goal of achieving double-digit economic growth. He emphasized the importance of the revised eighth National Power Development Plan (PDP VIII) in meeting rising electricity demand, particularly from energy-intensive industries like data centers.
Hung called for decisive actions with specific deadlines and accountability for all parties involved. The Ministry of Industry and Trade (MoIT) and other relevant agencies are tasked with assessing the progress of various power projects, identifying those that are delayed or unfeasible, and determining necessary adjustments or new projects.
The review is particularly timely as many LNG-fired power projects are facing delays, with only one out of 18 key projects on track to meet its schedule. Vietnam's total installed power generation capacity reached 87,600 megawatts by the end of 2025, with projections to increase significantly by 2030 to accommodate growing demand.
Source: The Investor. Read the full article.