Vietnam has an urgent need of power stemming from its position as South East Asia's fastest growing economy and poor track record of project delivery. In the revised PDP published in March 2016, power demand is forecast to grow three-fold in the next 15 years with an incremental capacity growth of 95 GW. With 68% of the capacity additions targeted for private sector participation, opportunities in Vietnam should be ample. Wood Mackenzie expects the power growth rate to be more moderate but still sees an investment requirement of close to US$ 90 billion by 2030. Given the national utilities are financially stretched, the Vietnamese government is keen to improve the investment climate and has been working on a more favourable policy initiatives for private sector participation. We assess what's required to realise the opportunities in the revised PDP.