SOURCE: Industrial Info Resources

Industrial Info Resources

July 08, 2011 06:10 ET

Vietnam Electrical Capacity Increases With Economy, an Industrial Info News Alert

KOFU-SHI, JAPAN--(Marketwire - Jul 8, 2011) - Researched by Industrial Info Resources East Asia (Kofu-shi, Japan) -- Vietnam's gross domestic product (GDP) is projected to remain on an upward trend, while inflation is expected to even out at about 6.25% within the next year, owing to increases in population, urbanization and industrialization. In order to keep up with ever-increasing demand, electricity generation companies like Electricity of Vietnam (EVN) (Hanoi), will be forced to increase its total installed capacity to cater to energy demand, which could rise more than 10% this year.

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