The report was released for the first time at the National Energy Security Forum held by the Ministry of Industry and Trade in Ha Noi on November.

One of Viet Nam's notable achievements was ensuring an adequate electricity supply in a year marked by unprecedented challenges.

Electricity generation and imports in 2026 are estimated at 356.2 billion kWh, up 10.3 per cent year on year and approximately 6.2 billion kWh higher than the baseline scenario.

The national power system's peak capacity reached a record 57,537 MW on June 24 this year, including 30,248 MW in the northern region, yet the country did not have to resort to scheduled power cuts.

Commercial electricity consumption rose 9.84 per cent in the first 10 months of the year, approaching GDP growth for the first time. The power sector commenced construction on 136 grid projects and put 131 projects into operation between January and September.

So far this year, energy prices remain under control, supported by more than VND64 trillion ($2.50 billion) in government measures, including fuel tax and fee reductions and advance funding for the fuel price stabilization fund.

As of October 26, domestic retail petrol prices stood at around 63 per cent of the global average. From November 1, the average retail electricity price was reduced by 2 per cent to VND2,159.9037 (US$0.08) per kWh, excluding value-added tax./.