The Electricity of Vietnam (EVN) has announced that it generated a total 182.6 billion kWh of electricity during the January-October period, a year-on-year increase of 10.7%.
Many local enterprises are concerned about paying higher corporate income tax according to regulations on the deductibility of loan interest under Decree 20, in effect from May 1, 2017.
The Republic of Korea's industrial giant Hyosung Group aims to turn Vietnam into a major manufacturing base to realise its global expansion target.
The competitive electricity wholesale market will be fully operational starting in 2019 following a successful year-long pilot period.
The Electricity of Vietnam Group Ho Chi Minh City (EVN HCMC) produced 18.84 million kWh of electricity in the first nine months of 2018, a rise of 6.19% year-on-year.
Electricity of Vietnam (EVN) has to date signed 35 power purchase agreements (PPAs) with private solar power firms that have a combined capacity of 2,271 MW.
Power drawn from renewable energy is expected to soar in the future, although the country’s capacity to integrate this source of energy into the national power grid is still limited, possibly causing throttling on the network, heard attendants at a seminar held in Hanoi last week.
The failure of the Power Generation Corporation 3 (Genco 3) to sell its stake through initial public offering (IPO) has raised concerns about the upcoming IPOs of the two other similar companies – Genco 1 and Genco 2 – at the end of this year.
Three years after beginning a pilot programme to buy solar power at VND2,000 (8.7 US cents) per kWh generated in homes and offices, Ho Chi Minh City has signed up 290 consumers.
The Electricity of Vietnam (EVN) has confirmed that all hydropower dams under its management are absolutely in safe condition.
Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on July 25 for investors who are planning to pour capital into a liquefied natural gas (LNG)-fueled power project in the Mekong Delta province of Bac Lieu.
The Electricity of Vietnam (EVN) plans to withdraw capital from the Thuan Binh Wind Power JSC in the third quarter of 2018.
The rapid development of the internet has greatly benefited users but also exposed them to increasingly dangerous cyber-attacks, forcing organisations and businesses to look for ways to protect themselves.
The power sector will meet difficulties in meeting demand from next year or 2020 considering the high growth at more than 10% a year in electricity consumption, according to the Electricity of Vietnam (EVN) group.
The sugar industry is calling for increased feed-in tariffs for bagasse-fired power in hopes of luring additional investment to such renewable energy projects.
The Electricity of Vietnam (EVN) has announced that its total commercial power volume hit 91.78 billion kWh in the first half of the year, up 10.65% annually.
Nearly VND5 trillion (US$216.5 million) will be invested in building a solar power plant in the south-central coastal province of Ninh Thuan.
A bear protection exhibition was kicked off in Hanoi on June 30, in the presence of the World Animal Protection (WAP) Ambassador - Thai singer and actor Tono Pakin Kumwilaisuk, to raise public awareness of the importance of bear protection.
Vietnam has emerged in SE Asia as an important energy, natural oil and gas producer. Ranked fifth in the region in oil & gas production and oil reserves, Vietnam has discovered 100 potential oil fields with estimated total reserves of 643 million tons of oil and 644 billion cubic meters of gas.
VOV.VN - Vietnam’s electricity company, Vietnam Electricity (EVN) is one step closer to issuing US dollar bonds and strengthening its financing capacity, following an endorsement by Fitch Ratings of its credit profile.