Article

Experts recommend Vietnam adopt a phased roadmap for natural gas market development to support its energy transition strategy. The country aims for 9,000-10,000 MW of gas-fired power capacity by 2030, utilizing natural gas as a transition fuel towards net-zero emissions by 2050.

Policy rigidity could hinder investment, while a transparent market framework is essential to avoid project delays and rising electricity costs. Vietnam's strategic location could enhance its role in the regional LNG market, provided it addresses current constraints in legal frameworks and infrastructure.