Assessment of Power Sector Reforms in Viet Nam: Country Report

Asian Development Bank (adb), Asian Development Bank (adb) (), Asian Development Bank (adb) and Asian Development Bank (adb)
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Asian Development Bank (adb): Economic Research and Regional Cooperation Department, ADB
Asian Development Bank (adb): Economic Research and Regional Cooperation Department, ADB

No RPT157619-2, ADB Reports from Asian Development Bank (ADB)

Abstract: Viet Nam envisions a completely competitive power sector in the long term, including full wholesale and retail competition. To attain this goal, it unbundled its power sector’s monopoly structure and instituted institutional, regulatory, and pricing reforms. Although considerable progress has been made, implementation has not been expeditious, with the government still retaining a strong vested ownership and management interest in the power sector. Further restructuring is needed to ensure complete independence of the system players and to attain pricing transparency. In this country report, the Asian Development Bank 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.

Keywords: power sector; Viet Nam; power sector reforms; retail competition; privatization; equitization; wholesale power market; competitive power market; transmission and distribution; unbundling; power generation; tariff setting; tariff reform; power supply security; economic outcomes; social outcomes; environmental outcomes; market-based regulation; power sector planning (search for similar items in EconPapers)
Pages: 56 pages
Date: 2015-09
New Economics Papers: this item is included in nep-ene and nep-sea
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Citations: View citations in EconPapers (8)

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