Buying electricity directly from private companies running renewable energy power plants, and not through Electricity of Vietnam (EVN), is being considered.
The list of renewable energy projects registered by both foreign and domestic investors in the country has been growing consistently since the feed-in-tariff hike, but further work is required to meet the goals.
The Electricity of Vietnam’s Southern Power Corporation (EVNSPC) has reported that it increased investment in key southern provinces of Binh Duong, Dong Nai, Long An, Tay Ninh and Ba Ria-Vung Tau for industrial development in 2018.
Vietnam could face power shortages in the early 2020s, delegates at a workshop in Hanoi heard on November 29.
The competitive electricity wholesale market will be fully operational starting in 2019 following a successful year-long pilot period.
The Electricity of Vietnam Group Ho Chi Minh City (EVN HCMC) produced 18.84 million kWh of electricity in the first nine months of 2018, a rise of 6.19% year-on-year.
Electricity of Vietnam (EVN) has to date signed 35 power purchase agreements (PPAs) with private solar power firms that have a combined capacity of 2,271 MW.
Prime Minister Nguyen Xuan Phuc sent a working group to the Vietnam National Petroleum Group (Petrolimex) on September 25 to examine the firm’s implementation of tasks assigned by the Prime Minister and the Government so far.
The Electricity of Vietnam (EVN) has confirmed that all hydropower dams under its management are absolutely in safe condition.
The rapid development of the internet has greatly benefited users but also exposed them to increasingly dangerous cyber-attacks, forcing organisations and businesses to look for ways to protect themselves.
The power sector will meet difficulties in meeting demand from next year or 2020 considering the high growth at more than 10% a year in electricity consumption, according to the Electricity of Vietnam (EVN) group.
The Electricity of Vietnam (EVN) has announced that its total commercial power volume hit 91.78 billion kWh in the first half of the year, up 10.65% annually.
Nearly VND5 trillion (US$216.5 million) will be invested in building a solar power plant in the south-central coastal province of Ninh Thuan.
A new record for summer power consumption was made, peaking nearly 711 million kWh on June 22, according to the Electricity National Load Dispatch Centre (EVN NLDC).
The implementation of synchronous measures to improve the power supply system has brought a facelift to Vietnamese rural areas, with 99.98% of communes nationwide and 98.83% of households accessing electricity as of 2017.
The Electricity of Vietnam (EVN) Group started work on 12 projects and put 22 others into operation in April.
Ensuring stable supply of electricity for businesses in major industrial parks is an important task for the power sector and particularly the National Power Transmission Corporation of the Electricity of Vietnam (EVNNPT) to attract more foreign investors in Vietnam.
The Republic of Korea (RoK)'s Doosan Heavy Industries and Construction Co. will shake hands with Electricity of Vietnam (EVN) to develop an offshore wind farm project as the Korean corporation’s first foray into the overseas offshore wind power generation market.
The south-central coastal province of Phu Yen is implementing an electricity grid project worth nearly VND237 billion (US$10.4 million) sourced from Japanese non-refundable official development assistance (ODA).
The Electricity of Vietnam (EVN) will invest in power projects within local and national electricity development planning schemes from 2016-2020.