Vietnam Power Report Q4 2013 - New Market Report
Whilst revisions in historical data have prompted some numerical changes in our forecasts, our overall outlook for Vietnam's power sector remains unchanged. We also hold a relatively constructive view for the expansion of the country's power infrastructure, on the back of the official launch of Vietnam's competitive generation market. Nonetheless, we reiterate that low tariffs, rising dependence on imported fuel (namely coal) and lack of regulatory clarity remain key downside risks.
View full press release