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Vietnam Electricity Production YoY YTD

Output & Demand · Monthly series · VNELP

Latest, October 2026

2.8%

+0.85pp from September 2026

Recent history

The 24 most recent observations, newest first.
PeriodValue
October 20262.8%
September 20262.0%
August 20262.4%
July 20262.7%
June 20262.5%
May 20260.8%
April 2026-0.6%
March 2026-2.5%
February 2026-0.7%
January 202613.4%
December 202552.2%
November 202556.6%
October 202563.5%
September 202573.8%
August 202585.5%
July 2025107.3%
March 202513.7%
February 202512.0%
January 20251.4%
December 2024-20.7%
November 2024-23.2%
October 2024-26.3%
September 2024-30.3%
August 2024-34.6%

Forecast

Forecast for October 2027: 9.4%, with an 80% interval of -1.2% to 47.9%.

Forecast path with the 80% interval.
PeriodForecast80% low80% high
November 20263.1%-0.7%7.7%
December 20263.7%-1.4%9.3%
January 20274.3%-1.4%11.0%
February 20274.9%-1.2%13.9%
March 20275.6%-1.1%17.9%
April 20276.4%-1.1%21.9%
May 20277.0%-0.8%25.8%
June 20277.5%-1.2%34.5%
July 20278.2%-2.4%53.6%
August 20278.6%-1.8%58.3%
September 20279.1%-1.1%53.1%
October 20279.4%-1.2%47.9%

Model: AR(1) + Chronos-2 blend. Forecast generated 2026-11-03.

Accuracy: Beats no-change, won 6 of 12 test years. Its errors were 0.68 times those of a no-change forecast (MASE). The 80% band held 78% of outcomes. No-change is a forecast that keeps the latest value.

Commentary

Electricity production YoY YTD to accelerate to +9.36% by Oct 2027 from +2.80% in Oct 2026.

From +2.80% (Oct 2026) to +9.36% (Oct 2027) forecast, large FDI manufacturing projects (Samsung >$4bn, LG Innotek $1bn, Foxconn) raise industrial demand.

From +2.80% (Oct 2026) to +6.40% (Apr 2027) forecast, new LNG/gas plants (Nhon Trach 3&4 commercial) increase reliable generation for industry.

From +1.95% (Sep 2026) baseline to +4.93% (Feb 2027) forecast, export surge and manufacturing PMI gains pushed electricity use (exports +29.7% Jan 2026).

AI-generated commentary on the cached forecast, 2026-11-03.

Source

Data: ECONOMICS feed via TradingView.

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