ResearchAndMarkets.com’s offering. The Vietnam power & distribution transformer market is anticipated to register growth over the coming years on account of growing urbanization, rising energy demand along government efforts such as “Resolution 115/NQ-CP” to boost industrialization and infrastructure development activities in the country. Additionally, as the national grid continues to expand in the rural areas of Vietnam, the market for power & distribution transformers is likely to witness sustained growth over the coming years. Further, the increased demand for electricity from the industrial and manufacturing sector resulted in the installation of advanced power transformers to achieve higher efficiency, which is set to positively impact the overall market growth of power & distribution transformers in the country during the forecast period.