The primary task of Vietnam Electricity (EVN) is to ensure adequate supply of electricity for socio-economic development, Prime Minister Nguyen Xuan Phuc has said.
Vietnam Electricity (EVN) should stick to its tiered pricing model, said researchers in a conference on this week in Hanoi.
State-owned-enterprises (SoEs) are largely unprepared for the demands of the digital age despite pressing demand for change in the sector, a researcher has said.
Given its natural potential, robust government support and aspirations for the sector, Vietnam may become a solar power investment hotspot soon.
Vietnam Electricity (EVN) said on October 30 that it has signed a credit agreement for a solar power plant project with the French Development Agency (AFD).
The Vietnam Electricity (EVN) has conducted a series of project to connect island districts and communes with the national power grid with total investment of over 7.5 trillion VND (322.5 million USD).
Many households and enterprises in Vietnam have proposed continuing the solar power purchasing price at 9.35 cent per kwh, as applied before June 30.
Van Phong 1 coal-fired power plant developed by Van Phong Power Co., Ltd., a Vietnamese company invested by Sumitomo Corporation, is expected to start operation in 2023 with the generation capacity of 1,320MW.
The Hoa Binh hydro power plant expansion project is expected to start in the second quarter of 2020 and be completed in 2023, according to Vietnam Electricity (EVN).
As State-owned enterprises (SOEs) have many functions in the local economy, they struggle to fulfil their main task of doing business, so they need solutions to improve business efficiency, according to experts.
Vietnam Electricity's (EVN) long-term foreign-currency issuer default rating stands at 'BB' with a positive outlook, according to Fitch Ratings.
Solar power is booming in Vietnam, but the output is not high enough to satisfy domestic demand.
Vietnam's total rooftop solar power capacity is expected to reach around 2,000 MW by the end of 2020, according to Vietnam Electricity (EVN).
Households in Vietnam which install rooftop solar power systems by 2021 will receive a maximum of 6 million VND (256 USD) each from the German Government through the German development bank KfW.
The Japan Bank for International Cooperation (JBIC) is interested in investment plans for energy projects of the Vietnam Electricity (EVN) and Vietnam Oil and Gas Group (PVN), unveiled Kazuhisa Yumikura, Managing Executive Officer and Global Head of Infrastructure and Environment Finance Group at JBIC.
Prime Minister Nguyen Xuan Phuc has urged ministries and agencies to work to avoid upcoming power shortages.
As of June 30, as many as 82 solar power plants with a combined capacity of 4,460MW had been connected to the national grid, according to the Vietnam Electricity (EVN) group.
Buying electricity directly from private companies running renewable energy power plants, and not through Electricity of Vietnam (EVN), is being considered.
VOV.VN - The Vinh Tan 2 solar power plant, which has a design capacity of 42.65MWp, started commercial operation in Vinh Tan commune of Tuy Phong district in the southern province of Binh Thuan on June 22.
VOV.VN - Vietnam Electricity group reached VND9.076 trillion (US$390.26 million) in combined pre-tax profits during 2018, an annual rise of 11.4 per cent.