$18b grid investment crucial to driving Vietnam’s energy future, report says

However, the country continues to face transmission challenges.

A planned $18b investment in transmission infrastructure between 2026 and 2030 will be critical for converting Vietnam’s planning framework into deliverable energy projects, according to a Watson Farley & Williams report.

However, the country continues to face challenges, with transmission bottlenecks remaining a key risk as renewable capacity expands faster than grid reinforcement.

Also, planning rigidity, complex licensing, and bidding processes have historically slowed project development.

“Legislative reforms scheduled in 2026 are expected to address these bottlenecks by introducing more flexible planning updates, streamlined investor selection mechanisms and targeted incentives for green-energy projects,” the report said.