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Ministry wants another electricity price hike

Ministry wants another electricity price hike

The Ministry of Industry and Trade has proposed a hike in electricity price this year after pushing it up 7.5% last year to narrow down the loss of national utility Vietnam Electricity (EVN).
EVN receives $104M for Con Dao islands' grid connection project

EVN receives $104M for Con Dao islands' grid connection project

Electricity shortage unlikely, but prices must rise: analysts

Electricity shortage unlikely, but prices must rise: analysts

EVN says financial crisis to continue this year on inadequate tariff hike

EVN says financial crisis to continue this year on inadequate tariff hike

Monopoly power distributor Vietnam Electricity continues to face financial difficulties this year since a recent hike in tariffs has proven too little.
September 26, 2023 | 10:26 pm PT
EVN seeks to speed up electricity imports from Laos

EVN seeks to speed up electricity imports from Laos

Vietnam Electricity (EVN) is seeking approval from the government to speed up the import of electricity from Laos since shortages are forecast in the northern region.
September 25, 2023 | 11:13 pm PT
Vietnam needs $11.4B to build fuel storage infrastructure

Vietnam needs $11.4B to build fuel storage infrastructure

Vietnam needs to invest VND270 trillion ($11.42 billion) by 2030 to develop infrastructure for gas and oil storage.
July 18, 2023 | 07:54 pm PT
Hydropower output surges in the north as water levels rise

Hydropower output surges in the north as water levels rise

The National Load Dispatch Center (NLDC) has said it will draw more electricity from northern hydropower plants since water levels have risen at reservoirs.
July 8, 2023 | 01:00 am PT
No more power shortages in northern Vietnam this year: official

No more power shortages in northern Vietnam this year: official

There will be no power shortage for northern Vietnam from now until the end of the year, Deputy Minister of Industry and Trade Do Thang Hai has said.
July 5, 2023 | 03:28 am PT
11 hydropower plants shut down due to water shortage

11 hydropower plants shut down due to water shortage

Eleven hydropower plants in northern Vietnam have shut down due to lack of water, summarily taking 5,000 megawatts out of the grid.
June 8, 2023 | 10:03 pm PT
Seven renewable power plants connected to grid

Seven renewable power plants connected to grid

Seven renewable power plants with a combined capacity of 430.2 megawatts have recently been linked to the national grid.
May 31, 2023 | 07:00 pm PT
Lawmakers question electricity imports amid renewable surplus

Lawmakers question electricity imports amid renewable surplus

Lawmakers have asked the government why Vietnam has to import electricity from Laos and China when it has 4,600 megawatts of renewable energy readily available.
May 25, 2023 | 03:19 pm PT
Businesses on edge as record power demand, low supply cause outages

Businesses on edge as record power demand, low supply cause outages

An elementary school in Binh Duong Province has just received notice that power will be cut for load-shedding on May 26, the day of its year-end ceremony.
May 23, 2023 | 11:25 pm PT
Renewable energy developers want temporary buying price of 6 cents per kWh

Renewable energy developers want temporary buying price of 6 cents per kWh

Solar and wind energy developers who have been late for an incentive rate want a temporary feed-in tariff of 6.2 cents per kilowatt hour while waiting for the authorities to finalize a higher tariff.
March 20, 2023 | 11:57 pm PT
Clean energy firms fear bankruptcy amid low prices

Clean energy firms fear bankruptcy amid low prices

Wind and solar energy developers are concerned they may go bankrupt as the government’s new feed-in tariffs are too low for them to make profits.
March 16, 2023 | 12:00 am PT
Electricity supply set for nearly 6% increase in 2023

Electricity supply set for nearly 6% increase in 2023

Electricity supply, made up of both domestic production and imports, is set to increase by 5.96% from last year to 284.5 billion kilowatt-hours in 2023.
January 5, 2023 | 07:59 pm PT
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