Vietnam Electricity (EVN) on December 6 signed various Memoranda of Understanding (MoU) with investors of power projects in Laos to develop and purchase electricity from the neighbouring country in the time ahead.

VOV.VN - Vietnam will need US$150 billion, equal to half of its current overall GDP, in order to invest in power projects nationwide over the course of the following decade, according to a seminar held on November 24 that discussed ways to mobilise international capital for independent power projects.

The PetroVietnam Gas Join Stock Corporation (PV Gas) on November 16 welcomed the first flow of gas from Field SV, part of a project on developing the offshore SV-DN gas field to the Nam Con Son 2 pipeline on the mainland.

Both ‘dirty energy’ (coal-fired thermopower and hydropower) and ‘clean energy’ (wind and solar power) have advantages and disadvantages.

Vietnam’s electricity output is forecast to rise to 950 billion kWh by 2045 to meet the growing demand for economic expansion.

VOV.VN - The first electric bus model manufactured by VinFast, a subsidiary of Vietnamese conglomerate VinGroup, has been put into operation on a trial basis at the firm’s own manufacturing complex in the northern city of Hai Phong.

Vietnam Electricity (EVN) planned to put two turbines of Thuong Kon Tum hydropower plant and Se San 4 solar power plant into operation by the year-end.

The Ministry of Culture, Sports and Tourism has asked Prime Minister Nguyen Xuan Phuc for urgent support for tourism businesses impacted by the second wave of COVID-19.

The mining industry faced difficulties in the first eight months of this year due to being unable to enjoy tax and land rental incentives, said Nguyen Huu Quang, deputy head of the National Assembly's Committee on Finance and Budget.

Vietnam is striving for a commercial electricity output of 337.5 billion kWh by 2025 and 478.1 billion kWh by 2030, down 15 billion kWh and nearly 230 billion kWh compared with those in the adjusted Power Planning VII.