Assessment of Power Sector Reforms in Viet Nam: Country Report
This country report assesses Viet Nam’s experience in reforming its power sector for insights that other Asian developing economies could find useful when pursuing their own power sector planning and policy and strategy formulation.
Viet Nam is following a road map for its power sector that envisions a fully operational competitive wholesale market by 2017 and a fully competitive retail market by 2023. It has subjected a number of its power generation and distribution assets to equitization, which involved corporatizing them into joint stock companies and selling their shares to other government-owned companies. The reform process has now functionally unbundled the industry’s monopoly structure and made possible several institutional, regulatory, and pricing reforms. This country report attempts to assess the economic, social, and environmental outcomes of these reforms by using internationally recognized energy indicators for sustainable development.
About this report
This assessment of power sector reforms in Viet Nam is part of a three-country study undertaken by ADB, and makes an assessment of the effectiveness of reforms in achieving the targeted outcomes. The report’s findings also serves as guidance for improving ADB’s country and regional energy operations and assistance.
Contents
- Foreword
- Preface
- Figures, Tables, and Boxes
- Abbreviations
- Summary Assessment of Power Sector Reforms in Viet Nam
- Introduction
- Overview of Viet Nam’s Development Performance, and Trends in Energy and Power Sectors
- Power Sector Reforms in Viet Nam
- Outcomes in the Postreform Period
- Conclusions
- References
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