Vietnam Power Company List

Mordor Intelligence expert advisors identify the Top 5 Vietnam Power companies and the other top companies based on 2024 market position. Get access to the business profiles of top 7 Vietnam Power companies, providing in-depth details on their company overview, key products and services, financials, recent developments and strategic moves.

Vietnam Power Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Vietnam Power Top Companies

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Vietnam Power Market

Top 5 Vietnam Power Companies

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    Vietnam Electricity

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    AES Mong Duong Power Company Limited

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    General Electric

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    Mekong Energy Company Ltd

 Vietnam Power Market Major Players

Source: Mordor Intelligence

*Top companies in "Vietnam Power Market" based on their market share in 2024, sorted in no particular order

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Top 5 Vietnam Power Companies

Global Overview Operations in this Market Strengths Strategies & Outlook
Vietnam Electricity
Controls a significant portion of the national power generation capacity. Operates as the state-owned primary supplier, managing national power distribution. Comprehensive infrastructure and extensive customer base bolster operational efficiency. Strengthening grid infrastructure to enhance supply reliability across regions.
AES Mong Duong Power Company Limited
Operates a large coal-fired power plant contributing to energy supply. Manages a coal-fired power plant, contributing significantly to the grid. Strong international partnerships support project development and regional expansion. Prioritizing operational efficiency in existing coal facilities for increased output.
General Electric
Provides technology and services for energy infrastructure development. Provides advanced technologies for power generation, focusing on innovation. Innovative technology solutions enhance performance in energy generation sectors. Advancing technology solutions to facilitate cleaner energy transitions within the market.
Mekong Energy Company Ltd
Engages in power production with a growing operational footprint. Specializes in power generation with a focus on local energy needs. Strategic positioning in emerging markets fosters growth opportunities in the region. Exploring potential partnerships to expand the portfolio in renewable generation.
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Other Top Vietnam Power Companies

Global Overview Operations in this Market Strengths Strategies & Outlook
Jera Co. Inc.
Active in LNG procurement and has invested in power projects. Engaged in thermal and renewable projects, enhancing power generation capacity. Robust investments in renewable energy align with global sustainability goals. Investing in renewable energy projects to diversify energy sources sustainably.
Vietnam Sunergy Joint Stock Company
Focuses on solar energy projects amidst the renewable energy shift. Contributes to solar energy development, aiming for sustainable energy solutions. Established relationships enhance collaboration with key industry stakeholders. Focusing on renewable energy investments to align with government policies.
Sharp Energy Solutions Corporation
Involved in solar technology and solutions for energy efficiency. Impacts solar technology deployment, enhancing clean energy initiatives. Strong emphasis on innovative energy solutions and advanced technology integration. Focus on renewable energy investments to align with government targets.

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Competitive Analysis of Best Companies in Vietnam Power Market

Vietnam Power Market: Competitive Landscape

Market Characteristics: The Vietnam Power Market is characterized by a fairly consolidated landscape, with a blend of local and multinational companies operating within it. Dominance is maintained by a few key players including local enterprises and multinational corporations, creating a structured competitive environment. The market structure indicates a manageable level of competition, allowing for collaboration and strategic partnerships. This equilibrium offers stability but also presents opportunities for niche players to carve their space within the market. The fairly consolidated nature indicates that while several companies are significant participants, there remains enough room for growth and innovation among smaller players.


Major Players: In the Vietnam Power Market, significant companies such as Vietnam Electricity, Jera Co. Inc., and General Electric hold a substantial foothold. These established entities are known for their extensive operational networks and diversified energy portfolios. Local enterprises such as Vietnam Sunergy Joint Stock Company and Mekong Energy Company Ltd also play vital roles, especially in specific segments of the market. This combination of experienced multinational firms and competent local players creates a dynamic marketplace, ensuring that both traditional and renewable energy solutions are addressed comprehensively.


Market Trends and Strategies for Success: The Vietnam Power Market is witnessing notable trends towards renewable energy adoption and sustainability. Companies are increasingly looking to integrate cleaner technologies and diversify their energy sources. Commitment to innovation, investment in research and development, and flexibility in operations are crucial strategies for companies to succeed in this evolving landscape. Moreover, collaboration with government initiatives aimed at energy transition will be pivotal for enhancing market standing and improving competitive advantage in this consolidated environment.

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In-depth Insights on the Top 10 Vietnam Power Companies and more...

Vietnam Power Companies

  • Vietnam Electricity
  • Jera Co. Inc.
  • AES Mong Duong Power Company Limited
  • General Electric
  • Mekong Energy Company Ltd
  • Vietnam Sunergy Joint Stock Company
  • Sharp Energy Solutions Corporation

Insights Covered

  • Global Level Overview
  • Market Level Overview
  • Core Business Segmengts
  • Financials
  • Employee Headcount
  • Market Rank and Market Share
  • Products and Services
  • Recent Developments
  • Key Strategic Moves
  • List Of Companies