VOV.VN - The Vietnamese Government has set an 8% growth target for 2025 and aims for double-digit growth in the following years, which presents huge challenges for the power sector.

Reservoirs of hydropower plants in northern localities on June 12 received an additional water amount 28% higher than that of June 11, which helps lift some of them from the “dead level” - the minimum to ensure power generation.

The Vietnam Electricity Group (EVN) is negotiating to purchase more electricity from China and Laos, according to EVN General Director Tran Dinh Nhan.

Hydroelectric reservoirs' water levels are lower than annual averages, according to a May 10 report from Vietnam Electricity Group (EVN), and 10 are either close to or under the 'dead level'.

The Vietnam Electricity Group (EVN) and the French Development Agency (AFD) on March 28 signed a agreement on a non-Government guaranteed loan worth EUR80 million to implement the southern Vietnam power distribution project invested by EVN's subsidiary - the Southern Power Corporation (EVN SPC).

Nguyen Duc Ninh, Director of the National Power Regulation Centre, has said Vietnam will cut its renewable electricity capacity due to oversupply.

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.