A reality check on Vietnam's coal demand story
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
-
Executive summary
- "Government priority no longer favours coal-fired power development"
- "We do not need to build new coal-fired plants if renewables are getting cheaper"
-
"Financiers have already quit coal power"
- "Vietnam has large coal resources so imports growth is an illusion"
- "Infrastructure will be a bottleneck for Vietnam's imports"
- Conclusion
Tables and charts
This report includes the following images and tables:
- Levelised cost of electricity (LCOE) for Vietnam, US$/MWh
- Location of coal mines, key power stations (including planned) and ports in Vietnam
- Coal resource by region
- Coal resource by category
What's included
This report contains:
Other reports you may be interested in
Wood Mackenzie 2025 Webinar - Bulks in Flux: from Coal to Green Steel
Navigating global bulk commodity market opportunities and challenges
$1,050China's steel in its post-peak era
Decarbonising a financially fragile sector: Easier said than done
$1,050Global Coal Markets: Ocean Freight and Infrastructure
Dry bulk seaborne trade growth has stalled and will moderate over the longer term impacting both shipping costs and infrastructure build.
$1,100