Electricity production in Vietnam up 34.83 percent in March / year-on-year +6.77%, YTD +7.03%

Vietnam produced 24.82 billion kWh of electricity in March, up 34.83 percent from 18.41 billion kWh in February 2026, according to the latest data from the National Statistics Office.

Year-to-date output reached 66.03 billion kWh by the end of March.

Bar chart Vietnam electricity production in 2026

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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The data

TABLE: Vietnam electricity production in 2026

UnitMarch 2026February 2026MoMYTDMar 26 / 25Q1 26 / 25
electricityBillion kWh24.8218.4134.83%66.036.77%7.03%
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