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Foreign investment rises nearly 180 pct

Foreign investment rises nearly 180 pct

Pledged foreign direct investment in Vietnam was up 179.5 percent year-on-year in January to $5.3 billion, the General Statistics Office reported. 
Vietnam to buy 1.5 billion kWh of power annually from Laos

Vietnam to buy 1.5 billion kWh of power annually from Laos

State power utility EVN will buy around 1.5 billion kWh of electricity a year from Laos for two years starting in 2021.
January 05, 2020 | 02:42 pm GMT+7
No power shortages in 2020, PM orders

No power shortages in 2020, PM orders

The Prime Minister has ordered that there are no power shortages next year, when demand is set to rise by 9.2 percent.
December 26, 2019 | 12:00 pm GMT+7
Flaring solar investment ruptures infrastructure in 2019

Flaring solar investment ruptures infrastructure in 2019

To capitalize on incentives, investors racing to complete solar power plants before June-end caused the national power grid to overload.
December 20, 2019 | 01:30 pm GMT+7
Vietnam Electricity reports sharp fall in profits on power production

Vietnam Electricity reports sharp fall in profits on power production

Vietnam Electricity’s profits from power production plummeted last year due to rising costs, a new report from the state utility said.
December 19, 2019 | 02:00 pm GMT+7
HAGL divests from hydropower for farming reroute

HAGL divests from hydropower for farming reroute

Agriculture giant HAGL sets sights on farming after agreeing to divest ownership from two hydropower plants in Laos.
December 12, 2019 | 10:25 am GMT+7
Vietnam to import more electricity from Laos

Vietnam to import more electricity from Laos

Vietnam will import an additional 200 MW of electricity from Laos next year, taking the total to 1,200 MW.
December 09, 2019 | 09:17 am GMT+7
Vietnam mulls bidding policy for solar power prices

Vietnam mulls bidding policy for solar power prices

The government is studying a plan to let investors bid on solar power prices after its incentive pricing policy has run out.
November 26, 2019 | 04:32 pm GMT+7
Oil-fired electricity production to triple as dams go dry

Oil-fired electricity production to triple as dams go dry

Vietnam's oil-fired power generation is set to triple next year as a water shortage threatens production amid rising demand.
November 14, 2019 | 04:00 pm GMT+7
Coal, crude oil imports see upsurge

Coal, crude oil imports see upsurge

Vietnam’s coal and crude oil imports increased in the first ten months this year as energy demand rose alongside economic expansion.
November 14, 2019 | 10:45 am GMT+7
Trade ministry seeks sanction for private firm to install transmission line

Trade ministry seeks sanction for private firm to install transmission line

The Ministry of Industry and Trade wants a private company to install a power transmission line in the central region, hitherto a state monopoly.
November 07, 2019 | 03:32 pm GMT+7
Asia must quit 'coal addiction': UN chief

Asia must quit 'coal addiction': UN chief

The UN chief on Saturday warned Asia to quit its "addiction" to coal, as climate change threatens millions of people vulnerable to rising sea levels.
November 03, 2019 | 02:00 pm GMT+7
Power utility mobilizes oil-fired electricty as water supply falls

Power utility mobilizes oil-fired electricty as water supply falls

National power utility Vietnam Electricity (EVN) has been mobilizing highly expensive oil-powered plants as low water levels have constrained production at hydropower plants.
October 26, 2019 | 09:00 am GMT+7
US firm gets nod for $5 bln power plant in Vietnam

US firm gets nod for $5 bln power plant in Vietnam

Vietnam has given U.S. firm AES the go ahead to build a $5 billion liquefied natural gas power plant in central Binh Thuan Province.
October 05, 2019 | 10:40 am GMT+7
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