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
2. Industry overview
2.1 Global market
2.1.1 Demand and supply for electricity
2.2 Vietnam market
2.2.1 History of Vietnam electricity industry
2.2.2 Value chain of the industry
2.2.3 Electricity transmission and distribution
2.2.4 Electricity consumption
2.2.5 Electricity price
2.3 Plants
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

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: Total electricity supply, 2010 – 9M/2017e
Figure 15: Electricity generation in Vietnam and other countries, 2016
Figure 16: Share of electricity generation by suppliers, 2015
Figure 17: Structure of electricity production by source of raw materials, 2012 – 2016e
Figure 18: Import of electricity, 2010 – 9M/2017
Figure 19: Import of electricity from China, 2010 – 2016e
Figure 20: Power loss, 2010 – 2016e
Figure 21: Power loss rate of some countries 2011-2014
Figure 22: Power loss rate by supply chain, 2010 – 2016
Figure 23: Maximum load and electricity system availability, 4/2015 – 8/2017
Figure 24: Peak load by time between two main seasons, 2016
Figure 25: Commercial electricity, 2012 – 9M/2017e
Figure 26: Electricity consumption per capita of Vietnam, 2000-2016
Figure 27: Coefficient of electricity elasticity/GDP, 2010 – 2016e
Figure 28: Electricity outage, 2012 – 8M/2017
Figure 29: Average electricity purchase price of EVN, 1/2015 – 9/2017
Figure 30: Average electricity price, 1/2007 – 9/2017
Figure 31: Net revenue, 2015 – 2016
Figure 32: Profit indicator, 2015 – 2016
Figure 33: Financial cost, 2015 – 2016
Figure 34: Self-financing rate, 2015 – 2016
Figure 35: Total asset, 2015 – 2016
Figure 36: Days of sales outstanding, 2016
Figure 37: Profit indicators, 2016
Figure 38: Days in inventory, 2016
Figure 39: Solvency, 2015 – 2016

List of tables
Table 1: Roadmap for solar energy development in Vietnam to 2030 with a vision to 2050
Table 2: Capacitor installation in 2016 – Plan in 2017
Table 3: Commercial electricity according to the distribution companies (Million kWh), 2015 – 2017
Table 4: Electricity supply reliability criteria for 2017
Table 5: Vietnam’s getting electricity indicator, 2012 – 2016
Table 6: Avoided cost tariff applied to small and medium-sized hydroelectric plants in 2017
Table 7: Average electricity wholesale price of EVN for other electricity corporations in 2016
Table 8: Average electricity price in some countries, 2016