Vietnam among 13 countries maintaining energy security stability

Résumé détaillé

Among the 177 countries surveyed in the Energy Security Report, as of November 9, 2026, 102 countries (57.6%) were experiencing energy-related difficulties. ...

The Ministry of Industry and Trade held the first session of the National Energy Security Forum 2026 in Hanoi on November 10, reported the Government's online newspaper (chinhphu.vn).

At the event, the Vietnam Energy Security Report 2026 was released, noting that 2026 was the year in which the energy system faced the greatest shocks in decades. The Strait of Hormuz was blocked for approximately six months, causing Brent crude oil prices to peak at $118.35 per barrel. Meanwhile, unprecedented heat waves and the El Niño phenomenon pushed electricity demand to record highs, while hydropower generation for the year was expected to be 18.5 billion kWh lower than in 2025.

One of Vietnam’s most notable achievements was ensuring a sufficient electricity supply during a year marked by unprecedented challenges.

According to the report, total electricity generation and imports in 2026 are estimated at 356.2 billion kWh, up 10.3% from the previous year and about 6.2 billion kWh higher than the baseline scenario. The national power system recorded a peak load of 57,537 MW on June 24, 2026, including 30,248 MW in northern Vietnam. Despite these record demand levels, the country avoided rotating power outages.

Commercial electricity consumption increased by 9.84% during the first ten months of 2026, nearly matching the pace of GDP growth for the first time. During the first nine months of the year, the power sector began construction of 136 grid projects and completed 131 projects. These results were attributed to careful planning, including a three-scenario power supply plan approved at the end of 2025, timely commissioning of generation and transmission facilities, reservoir water storage preparations, and completion of major generating-unit maintenance before the summer peak season.

In the petroleum sector, Vietnam continued to secure fuel supplies despite disruptions to major transportation routes.

Oil and condensate production by the Vietnam National Industry-Energy Group reached…

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