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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.
EVN denies Hanoi air pollution caused by coal-fired power plants

EVN denies Hanoi air pollution caused by coal-fired power plants

State power utility EVN has said that its and others' coal-fired plants situated east of Hanoi are too far away to pollute the city.
December 19, 2019 | 07:45 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
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
Vietnam state utility EVN to borrow $278 mln to expand hydro plant

Vietnam state utility EVN to borrow $278 mln to expand hydro plant

State-run utility EVN will borrow up to VND6.45 trillion ($278 million) to expand a hydroelectric plant near Hanoi, the government said Wednesday. 
September 26, 2019 | 08:12 am GMT+7
Vietnam shoots past renewable energy target

Vietnam shoots past renewable energy target

Renewables account for 9 percent of Vietnam's energy mix now, already surpassing the target of 7 percent set for 2020.
September 18, 2019 | 05:35 pm GMT+7
Renewable energy sector sees increasing interest from foreign investors

Renewable energy sector sees increasing interest from foreign investors

Vietnam’s rising demand for power and easier investment conditions are drawing more foreign investors into the green energy sector. 
August 28, 2019 | 03:09 pm GMT+7
Power plants fuelled by oil a financial risk, EVN cautions

Power plants fuelled by oil a financial risk, EVN cautions

National power utility EVN says running oil-fuelled power plants to meet domestic demand will be a huge financial challenge.
July 25, 2019 | 09:55 am GMT+7
National power grid unable to cope with influx of new solar plants

National power grid unable to cope with influx of new solar plants

Eighty one new renewable power plants began operations in the second quarter, overloading transmission lines.
July 05, 2019 | 08:12 pm GMT+7
Vietnam Electricty returns to profitability

Vietnam Electricty returns to profitability

Vietnam Electricity, the sole power distributor, has reported it was back in the black in 2018 after losing over $90 million in the previous year. 
June 22, 2019 | 07:58 am GMT+7
Legislators concerned by electricity monopoly

Legislators concerned by electricity monopoly

Lawmakers are unhappy that Vietnam’s monopoly electricity distributor is raising power tariffs at will because it has no competitor.
May 31, 2019 | 01:07 pm GMT+7
Hanoi pays consumers selling rooftop solar power to grid

Hanoi pays consumers selling rooftop solar power to grid

Hanoi has begun to pay consumers who produce rooftop solar power and send back to the grid.
May 16, 2019 | 10:50 am GMT+7
Decks cleared for Saigon to pay consumers for rooftop solar power

Decks cleared for Saigon to pay consumers for rooftop solar power

Ho Chi Minh City’s electricity utility will start paying consumers who produce solar power from May 15.
May 02, 2019 | 03:29 pm GMT+7
Heat wave sends Saigon power consumption to 10-year high

Heat wave sends Saigon power consumption to 10-year high

The ongoing heat wave has pushed electricity consumption in Ho Chi Minh City to its highest in 10 years.
May 01, 2019 | 09:28 am GMT+7
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