Vietnam Electricity (EVN) will promote electricity bill payment via digital mode of transactions in 2019.
Not much work has been done to prepare for the opening of the competitive retail market, slated for 2021. Under the PM Decision released in October 2013, the competitive electricity market will take shape in a 3-stage roadmap.
Vietnam Electricity (EVN) expects to complete its divestment from both core and non-core businesses this year.
VOV.VN - Vietnam will continue to import electricity from the two neighbouring countries - China and Laos - in order to tackle the escalating domestic demand for power and the depletion of power generation sources, heard a workshop held to seek solutions to national energy security in Ho Chi Minh City on May 28.
With increasingly high demand for electricity and the latest 8.36 percent electricity price spike, Electricity of Vietnam Group (EVN) and other power generation companies have seen profits soar.
The Government Inspectorate on May 24 announced a 35-day probe of the controversial electricity price hike.
Vietnam Electricity (EVN) and the US Trade and Development Agency (USTDA) on May 22 finalised a grant agreement on technical assistance for a liquefied natural gas (LNG) terminal and gas-to-power project in southern Vietnam.
Electricity retail prices should have been raised by 9.26 percent instead of 8.36 percent if Vietnam Electricity (EVN) had correctly calculated the 3.26 trillion VND foreign exchange rate difference in 2018 into its power production costs.
VOV.VN - The state-owned Vietnam Electricity group (EVN) is increasing the pace of work to enable 88 solar power plants to start commercial operation by the end of June, with a hope of increasing overall power capacity for the national grid.
Over 1,000 clients installed solar panels with a total capacity of nearly 2.5 million kWh on rooftops in 21 southern cities and provinces as of April 15, according to the Electricity Vietnam’s Southern Power Corporation (EVNSPC).
A long-term plan for renewable energy sources such as solar and wind must be devised for Vietnam to realise its goal of connecting the entire country to the national grid, experts have said.
Luc Van Tan, a HCM City resident, is considering installing solar power panels on his 35sq.m rooftop to save on electricity bills.
A campaign to respond to the Earth Hour was launched in Hanoi on March 10, sending the message “saving energy, protecting earth”.
Vietnam Electricity (EVN)’s Power Generation Corporation 1 (EVNGENCO1) said on March 8 that it has built a coordination plan to ensure coal supply for thermal power production.
Vietnam will turn off lights from 20:30 - 21:30 on March 30 to respond to Earth Hour this year.
With an aim to industrialise and modernise the economy by 2020, Vietnam is actively pursuing science and technology innovation as well as the attraction of foreign investment into relevant industries, especially robotics.
The National Power Transmission Corporation (EVNNPT) said it plans to launch 33 power transmission projects and put into operation 47 projects, with a total capital of 19.5 trillion VND in 2019.
The Ministry of Industry and Trade has announced that its Department of Finance and Enterprise Innovation will step up the restructuring and equitisation of State-owned enterprises (SOEs), together with listing them on the stock market.
Over 253,000 ha of land in the midland and northern region had enough water for 2018-2019 winter-spring rice crops as of January 23, or 45.77 percent of the total land, reported the Ministry of Agriculture and Rural Development’s Directorate of Water Resources.
The growing demand for electricity and investment in Vietnam is catching the attention of renewable energy investors. However, existing procedures to resolve disputes seem to be giving investors trouble.