Currently, China and the United States are the two countries with the highest electricity consumption in the world in 2016. The average increase in world electricity price in 2011-2015 was … Since 2005, Asia has officially surpassed Europe and North America to become the world’s largest producer of electricity. World’s energy consumption was constantly increasing in the period of 2006-2016e with double CAGR of … Three main sources of electricity generation are hydropower, thermal gas and thermal coal, accounting for   of total power generation capacity each year. Import proportion of electricity is gradually stabilizing over the years. Share of imported electricity in the national total electricity supply has been stable at about         since 2012. Vietnam’s power loss tends to decrease but still remained high in 2016. Currently, EVN still has a monopoly on the segments of regulation, electricity wholesaling, transmission and distribution or retailing. Vietnam is approaching the top four ASEAN in SAIDI and SAIFI index. Viet Nam’s geNoing electricity index has increased by 5 folds compared to that in 2015 – WB. Electricity price in Vietnam is quite low compared to other countries in the Asia-Pacific region. Electricity generation is the only segment with the participation of units outside EVN due to the fact that it requires a huge investment capital. Growth rate for the period 2016 – 2020f is forecasted to reach 10.8%, 2021-2025f is 9.7% and 2025-2030f is 8.5%. Net revenue of electricity distribution and retail businesses is much higher Coal that of the electricity generation enterprises.

 

Abbreviations
Executive Summary
1. Business environment
1.1 Macroeconomic situation
1.2 Legal framework
1.3 Trade agreements
2. Industry overview
2.1 Global market
2.1.1 Demand and supply for electricity
2.1.2 Electricity’s development trend
2.1.3 Price fluctuation
2.1.4 Electricity consumption in some Asian countries
2.2 Vietnam market
2.2.1 History of Vietnam electricity industry
2.2.2 Value chain of the industry
2.2.3 Input materials
2.2.4 Electricity generation
2.2.5 Distribution and retail
2.2.6 Electricity consumption
2.2.7 Electricity price
2.2.8 Electricity industry structure
2.3 The problem of energy sector development
2.3.1 Remains
2.3.2 Challenges
2.3.3 Risks
2.3.4 Foreign investment trend
2.4 Plants and forecasts
2.4.1 Plants
2.4.2 Forecasts
3. Business analysis
3.1 Typical companies of electricity industry
3.2 Group of business performance indicators
3.3 Group of financial indicators
3.4 Group of cash flow indicators
4. Appendix
4.1 Financial statements
4.2 Total installed capacity of the national power system, 2016

Southern Power Company – EVNSPC
HCMC Power Company – EVNHCMC
Hanoi Power Company – EVNHANOI
Central Power Company – EVNCPC
Hai Phong Thermal Power Joint Stock Company – EVN TPC HAIPHONG
Quang Ninh Thermal Power Joint Stock Company – EVN TPC QUANGNINH
Pha Lai Thermal Power Joint Stock Company – PLPC
BOT Phu My Power Company Limited – BOT Phu My 3
Mekong Energy Company– MECO 

List of figures
Figure 1: Monthly CPI Fluctuation 2014 – 9/2017
Figure 2: GDP growth rate, 2011 – 9M/2017
Figure 3: VND/USD exchange rate, 2016-9/2017
Figure 4: FDI aNoraction by industry, 9M/2017
Figure 5: Electricity sector contribution in GDP, 2010 – 2016e
Figure 6: World electricity volume, 1985-2016
Figure 7: Average per capita electricity in the world, 1985 – 2016
Figure 8: World’s top largest electricity producing countries, 2015 – 2016
Figure 9: Contribution structure of world electricity production, 2016
Figure 10: Electricity consumption by region, 2006 – 2016
Figure 11: Top 10 most electricity consuming countries in 2016
Figure 12: Top Electricity Exporting Countries, 2016
Figure 13: World electricity export, 1985-2015e
Figure 14: Prospects for global electricity consumption by region, 1980 – 2030f
Figure 15: Share of world primary energy supply, 1973
Figure 16: Total primary energy supply in the world, 2015
Figure 17: Electricity price of households, 2016
Figure 18: Average electricity price in the world, 2011 – 2040f
Figure 19: Top 10 largest per capita electricity consuming countries in the world, 2014
Figure 20: Energy demand in Southeast Asian countries, 1990 – 2035f
Figure 21: Electricity consumption in ASEAN by sector, 2010 – 2035f
Figure 22: Coal reserves by region, 2016
Figure 23: Market segment of coal consumption, 2016f
Figure 24: Forecast for coal supply and demand in the period 2015-2030
Figure 25: Market segment of natural gas consumption
Figure 26: Rate of gas selling price for electricity sector at market price, 2014 – 2015
Figure 27: Total electricity supply, 2010 – 9M/2017e
Figure 28: Electricity generation in Vietnam and other countries, 2016
Figure 29: Share of electricity generation by suppliers, 2015
Figure 30: Structure of electricity production by source of raw materials, 2012 – 2016e
Figure 31: Import of electricity, 2010 – 9M/2017
Figure 32: Import of electricity from China, 2010 – 2016e
Figure 33: Power loss, 2010 – 2016e
Figure 34: Power loss rate of some countries 2011-2014
Figure 35: Power loss rate by supply chain, 2010 – 2016
Figure 36: Maximum load and electricity system availability, 4/2015 – 8/2017
Figure 37: Peak load by time between two main seasons, 2016
Figure 38: Commercial electricity, 2012 – 9M/2017e
Figure 39: Electricity consumption per capita of Vietnam, 2000-2016
Figure 40: Coefficient of electricity elasticity/GDP, 2010 – 2016e
Figure 41: Electricity outage, 2012 – 8M/2017
Figure 42: Average electricity purchase price of EVN, 1/2015 – 9/2017
Figure 43: Average electricity price, 1/2007 – 9/2017
Figure 44: Current status of participation in VCGM, 2012 – 2017
Figure 45: Structure of electricity production by primary energy source
Figure 46: Coal and CO₂ gas consumption per capita
Figure 47: Import of electric wires and cables, 2011 – 9M/2017e
Figure 48: Investment costs of power plants
Figure 49: Electricity supply – demand, 2010 – 2030f
Figure 50: Net revenue, 2015 – 2016
Figure 51: Profit indicator, 2015 – 2016
Figure 52: Financial cost, 2015 – 2016
Figure 53: Self-financing rate, 2015 – 2016
Figure 54: Total asset, 2015 – 2016
Figure 55: Days of sales outstanding, 2016
Figure 56: Profit indicators, 2016
Figure 57: Days in inventory, 2016
Figure 58: Solvency, 2015 – 2016

List of tables
Table 1: Electricity Generation in Southeast Asia by energy source, 1990 – 2040f
Table 2: Increase in coal price for electricity generation, 2010 – 2016
Table 3: Hydropower potential in Vietnam
Table 4: Data on solar radiation in Vietnam
Table 5: Roadmap for solar energy development in Vietnam to 2030 with a vision to 2050
Table 6: Capacitor installation in 2016 – Plan in 2017
Table 7: Commercial electricity according to the distribution companies (Million kWh), 2015 – 2017
Table 8: Electricity supply reliability criteria for 2017
Table 9: Vietnam’s getting electricity indicator, 2012 – 2016
Table 10: Avoided cost tariff applied to small and medium-sized hydroelectric plants in 2017
Table 11: Average electricity wholesale price of EVN for other electricity corporations in 2016
Table 12: Average electricity price in some countries, 2016
Table 13: Compare Electricity Sector Structure before and after 2008