The HCM City Department of Transport has asked the municipal People's Committee to approve five new subsidized electric-bus routes that will be operated by Vingroup and run on a pilot basis for 24 months.

Deputy Prime Minister Trinh Dinh Dung on January 12 lauded the Vietnam Electricity (EVN) for its efforts in ensuring electricity supply for socio-economic development, as well as daily activities.

Construction of the expanded Hoa Binh hydropower plant began in the northern mountainous province of Hoa Binh on January 10, with Prime Minister Nguyen Xuan Phuc attending the ground-breaking ceremony.

The Vietnam Electricity Group (EVN) is planning to have all equipment on transmission lines and 80% of 110 kV circuit facilities digitalised from now to 2022.

The law envisages that five sectors eligible for PPP investment including transportation, power industry, irrigation, healthcare, and infrastructure.

The Ministry of Planning and Investment has proposed special policies for large State-owned enterprises (SOEs) to make them spearheads in key industries of the economy.

Vice State President Dang Thi Ngoc Thinh, on behalf of the Party and the State, presented the “Labour Hero in Renewal Period” title to Electricity of Vietnam (EVN) in recognition of its contributions to national socio-economic development at a ceremony in Hanoi on December 21.

Despite slow disbursement of foreign loans, that of public investment has become faster, contributing to making the country’s positive economic growth target feasible for the year.

The Vietnam Electricity (EVN) is eyeing the operation of a competitive retail electricity market in 2021 following its official run of a competitive wholesale market since 2019.

VOV.VN - VinBus, a subsidiary of property developer Vingroup that specialises in transportation services, has joined Advantech Vietnam Technology Co. Ltd. to create a smart bus management system in Vietnam.