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Vietnam prepares for competitive electricity market by 2021

Vietnam prepares for competitive electricity market by 2021

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.

Power imports from neighboring countries predicted to soar

Power imports from neighboring countries predicted to soar

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.

Power prices should have been increased more: MoIT

Power prices should have been increased more: MoIT

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.

88 solar farms set to begin commercial operation in June

88 solar farms set to begin commercial operation in June

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.

More solar panels installed in southern localities

More solar panels installed in southern localities

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).

Robotics conquers 4.0 manufacturing

Robotics conquers 4.0 manufacturing

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.

EVNNPT to launch 33 power transmission projects

EVNNPT to launch 33 power transmission projects

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.

Ministry to step up SOEs restructuring, equitisation in 2019

Ministry to step up SOEs restructuring, equitisation 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.

Hold-ups in green energy investment

Hold-ups in green energy investment

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.

Transmitted power volume rises 11% last year

Transmitted power volume rises 11% last year

The National Power Transmission Corporation (EVNNPT), a subsidiary of the state-owned Vietnam Electricity (EVN) group, transmitted 184.5 billion kWh of electricity in 2018, up 11.03% from the previous year.