+Susen Rogen

Thursday, 6 June 2013

Vietnam Power Report Q3 2013:Energy & Power Market Research Reports

Energy & Power Market Research Reports
Vietnam Power Report Q3 2013
Jun 5th 2013, 00:00

BMI View: Whilst revisions in historical data have prompted some numerical changes in our forecasts, our overall outlook for Vietnam’s power sector remains unchanged. Acceleration in real GDP growth in the second half of 2012 reinforces our belief that electricity consumption is poised for a stronger performance in 2013. Similarly, we hold a relatively constructive view for the expansion of the country’s power infrastructure on the back of the official launch of Vietnam’s competitive generation market. Nonetheless, we reiterate that low tariffs, rising dependence on imported fuel (namely coal) and lack of regulatory clarity remain key downside risks. Our relatively …

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