Vietnam produced 25.68 billion kwh of electricity in December, down 7.45 percent from 27.75 billion kwh in November, according to the latest data from the National Statistics Office.
Year-to-date output reached 329.31 billion kwh by the end of December.
Listed electricity companies
Key Electricity firms listed on the Vietnam stock exchange include:
Ba Ria Thermal Power JSC
Ba Ria Thermal Power JSC (BTP) operates natural gas-fired power plants and supplies electricity to Vietnam’s southern grid.
BTP closed at VND 8,120 on Thursday down 0.01 percent with 1,050,000 shares traded, worth VND 842 million.
Foreign ownership in BTP is currently capped at 49.0 percent, with current foreign ownership sitting at 2.6 percent.
Central Hydropower JSC
Central Hydropower JSC (CHP) operates hydropower plants and supplies electricity to the national grid.
CHP closed at VND 27,900 on Thursday down 0.1 percent with 822,000 shares traded, worth VND 2,277 million.
Foreign ownership in CHP is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.
Hydro Power Joint Stock Company – Power No.3
Hydro Power Joint Stock Company – Power No.3 (DRL) generates and supplies hydropower electricity to the national grid.
DRL closed at VND 46,500 on Thursday up 0.6 percent with 38,000 shares traded, worth VND 175 million.
Foreign ownership in DRL is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.
EVN Finance JSC
EVN Finance JSC (EVF) offers financial and credit services supporting Vietnam Electricity (EVN) and power sector projects.
EVF closed at VND 11,650 on Thursday up 0.1 percent with 33,866,000 shares traded, worth VND 39,897 million.
Foreign ownership in EVF is currently capped at 15.0 percent, with current foreign ownership sitting at 0.5 percent.
Gia Lai Electricity JSC
Gia Lai Electricity JSC (GEG) develops and operates hydropower, solar, and wind power plants across Vietnam.
GEG closed at VND 14,900 on Thursday up 0.35 percent with 4,052,000 shares traded, worth VND 6,075 million.
Foreign ownership in GEG is currently capped at 59.0 percent, with current foreign ownership sitting at 54.6 percent.
Khanh Hoa Power JSC
Khanh Hoa Power JSC (KHP) generates, distributes, and sells electricity in Khanh Hoa Province.
KHP closed at VND 11,900 on Thursday down 0.1 percent with 39,000 shares traded, worth VND 46 million.
Foreign ownership in KHP is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.
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Vietnam electricity industry news
Electric car power supply
The Ministry of Industry and Trade said it is preparing for growing electricity demand as a result of Hanoi tightening emissions from July 2026.
The ministry estimates one million electric cars by 2030 would consume three to four billion kilowatt hours annually, equal to one to 1.5 percent of total electricity output.
Officials said local grid upgrades, additional substations, and revised urban planning would be required to prevent localised overloads as electric vehicle use expands.
Hoa Phat warns steel power shortages
Hoa Phat Group has proposed four large solar power projects in Quang Ngai to secure electricity supply for its steel operations at the Dung Quat Economic Zone.
Hoa Phat said electricity demand at Dung Quat is rising sharply as new steel capacity comes online, raising risks of local power shortages and grid strain, the article says.
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Vietnam’s electricity industry
Vietnam’s electricity industry is dominated by state-owned Electricity of Vietnam, which oversees power generation, transmission and distribution across the country.
The sector is undergoing gradual reform, with increased private and foreign investment in renewable energy, particularly solar and wind, alongside continued reliance on hydropower and coal-fired generation.