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Since the 1990’s, Vietnam has been mutating into an economic dragon together with an unprecedented demographic boom. The high growth expresses itself through an increased demand for energy and raw materials. Though Vietnam is endowed with quite a number of resources, most of them are available in limited amounts. Medium-term estimates reckon the country’s fossil resources will not meet the domestic demand. Consequently, Hanoi is planning the development of a national energy policy focused on three sectors: hydroelectricity, renewable energies, and civilian nuclear programme. For lack of strict work plans and adequate financing, the Vietnam energy development plan does not sound technically and financially feasible without the help of foreign players whose presence on the national territory exacerbates the local, national and regional geopolitical stakes.