Vietnam produced 24.58 billion kWh of electricity in February, up 24.19 percent from 19.80 billion kWh in January, according to the latest data from the National Statistics Office.

Year-to-date output reached 44.38 billion kWh by the end of February.

Listed electricity companies

Key electricity firms listed on the Vietnam stock exchange include:

Ba Ria Thermal Power JSC (BTP)

Ba Ria Thermal Power JSC (BTP) operates natural gas-fired power plants and supplies electricity to Vietnam’s southern grid. (BTP)

In February, BTP shares moved from 8.08 to 8.37, a change of 0.29 (0.04 percent).

Foreign ownership moved from 281,710.86 to 284,453.96, a change of 2,743.10 (0.01 percent).

EVN Finance JSC (EVF)

EVN Finance JSC (EVF) offers financial and credit services supporting Vietnam Electricity (EVN) and power sector projects. (EVF)

In February, EVF shares moved from 11.55 to 13.80, a change of 2.25 (0.19 percent).

Foreign ownership moved from 1,102,435.56 to 1,089,030.14, a change of -13,405.42 (-0.01 percent).

Gia Lai Electricity JSC (GEG)

Gia Lai Electricity JSC (GEG) develops and operates hydropower, solar, and wind power plants across Vietnam. (GEG)

In February, GEG shares moved from 14.75 to 14.85, a change of 0.10 (0.01 percent).

Foreign ownership moved from 155,475.30 to 232,551.89, a change of 77,076.59 (0.50 percent).

PetroVietnam Power Nhon Trach 2 JSC (NT2)

PetroVietnam Power Nhon Trach 2 JSC (NT2) operates gas-fired power plants supplying electricity to the southern grid. (NT2)

In February, NT2 shares moved from 26.30 to 27.75, a change of 1.45 (0.06 percent).

Foreign ownership moved from 1,079,373.89 to 1,040,205.26, a change of -39,168.63 (-0.04 percent).

PetroVietnam Power Corporation (PGV)

PetroVietnam Power Corporation (PGV) operates power plants and supplies electricity to the national grid. (PGV)

In February, PGV shares moved from 23.50 to 26.30, a change of 2.80 (0.12 percent).

Foreign ownership moved from 5,615,473.02 to 5,614,942.75, a change of -530.27 (0.00 percent).

PetroVietnam Power Corporation (POW)

PetroVietnam Power Corporation (POW) operates gas, coal, and hydropower plants supplying electricity to the national grid. (POW)

In February, POW shares moved from 13.75 to 14.50, a change of 0.75 (0.05 percent).

Foreign ownership moved from 12,497,336.62 to 12,556,950.91, a change of 59,614.29 (0.00 percent).

Pha Lai Thermal Power JSC (PPC)

Pha Lai Thermal Power JSC (PPC) operates coal-fired power plants generating electricity for northern Vietnam. (PPC)

In February, PPC shares moved from 10.05 to 10.10, a change of 0.05 (0.00 percent).

Foreign ownership moved from 1,450,608.76 to 1,449,946.22, a change of -662.54 (0.00 percent).

Can Don Hydropower JSC (SJD)

Can Don Hydropower JSC (SJD) generates and supplies electricity through hydropower plants in the southern region. (SJD)

In February, SJD shares moved from 14.00 to 14.10, a change of 0.10 (0.01 percent).

Foreign ownership moved from 292,715.87 to 301,102.56, a change of 8,386.69 (0.03 percent).

Thac Ba Hydropower JSC (TBC)

Thac Ba Hydropower JSC (TBC) operates hydropower plants supplying electricity to the national grid. (TBC)

In February, TBC shares moved from 36.00 to 36.00, a change of 0.00 (0.00 percent).

Foreign ownership moved from 306,262.95 to 306,279.95, a change of 17.00 (0.00 percent).

Power Engineering Consulting JSC 2 (TV2)

Power Engineering Consulting JSC 2 (TV2) provides consulting, design, and supervision services for electricity and energy infrastructure projects. (TV2)

In February, TV2 shares moved from 34.80 to 40.25, a change of 5.45 (0.16 percent).

Foreign ownership moved from 53,963.87 to 49,003.97, a change of -4,959.90 (-0.09 percent).

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Vietnam electricity industry news

Recent industry developments include:

Restrictions on commercial lighting

Prime Minister Pham Minh Chinh ordered restaurants, hotels, and buildings to cut at least 50 percent of outdoor advertising lighting during peak evening hours, though Directive 10.

The PM has also called for nationwide electricity savings of at least 3 percent in 2026 and 10 percent during peak summer months. Read more→

Grid strain on EV charging, cooling, LNG woes

The National Power System and Electricity Market Operator (NSMO) has said electric vehicle charging and cooling demand are increasing pressure on Vietnam’s power system during peak hours as electricity consumption rises.

Grid infrastructure is under strain, with overloaded 500 kilovolt lines and delays in northern transmission and energy storage projects, the article goes on to say. Read more→

See the latest Vietnam news headlines→

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Vietnam’s electricity industry

Vietnam’s electricity industry is a critical backbone of its manufacturing-led economy, supporting rapid industrialisation and urban growth.

The sector is dominated by state-owned Vietnam Electricity, with increasing participation from private and foreign investors in generation, particularly in renewables.

Power demand has grown quickly, placing pressure on supply, grid infrastructure, and pricing mechanisms.

Going forward, the industry is focused on expanding capacity, improving efficiency, and integrating renewable energy while maintaining system stability.

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