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French loan to partly fund central highlands hydropower plant

French loan to partly fund central highlands hydropower plant

Vietnam Electricity will borrow EUR74.7 million ($88.9 million) from the French Development Agency to build a hydropower plant in the Central Highlands.
EVN names contractors for 1,200-MW thermal plant

EVN names contractors for 1,200-MW thermal plant

Vietnam Electricity, the country’ sole power distributor, has signed up three contractors for building a 1,200-MW thermal power plant at a construction cost of $1.3 billion.
June 18, 2021 | 11:02 am GMT+7
Vietnam to reduce thermal power production

Vietnam to reduce thermal power production

Vietnam targets reducing coal-fired power production by 6 percent this year to prioritize solar and wind energy even as it grapples with limited transmission capacity.
May 05, 2021 | 06:17 pm GMT+7
Vietnam becomes world's 40th best country: US News

Vietnam becomes world's 40th best country: US News

Vietnam has risen three places to 40th in the annual Best Countries Overall Rankings 2021 thanks to economic growth expansion, power, heritage and business openness.
April 14, 2021 | 09:13 am GMT+7
Long An Province licenses $3-bln LNG power plant

Long An Province licenses $3-bln LNG power plant

The southern province of Long An has licensed a 3,000-MW liquefied natural gas power plant to be built by South Korea’s GS Energy and fund management company VinaCapital.
March 22, 2021 | 02:30 pm GMT+7
Vietnam needs coal-fired plants for 15 years at least

Vietnam needs coal-fired plants for 15 years at least

Despite the associated environmental problems, Vietnam cannot do without coal-fired power plants for another 15 years at least, experts say.
March 19, 2021 | 10:14 am GMT+7
World Bank okays $86 mln for energy efficiency in Vietnam

World Bank okays $86 mln for energy efficiency in Vietnam

The World Bank will provide Vietnam with $86.3 million to support the development of a commercial financing market for investing in industrial energy efficiency.
March 09, 2021 | 08:35 am GMT+7
Electricity oversupply forces authorities to cut solar output

Electricity oversupply forces authorities to cut solar output

After years of facing the threat of power shortages, Vietnamese authorities are concerned about an electricity glut this year, and are cutting renewable energy production.
February 24, 2021 | 03:06 pm GMT+7
Vietnam to purchase more power from Laos

Vietnam to purchase more power from Laos

National utility Vietnam Electricity (EVN) has signed three memoranda to purchase power from Laotian companies amid expected energy shortages.
December 07, 2020 | 06:05 pm GMT+7
Thai company buys Vietnam solar farm

Thai company buys Vietnam solar farm

Thai energy firm Gunkul Engineering Plc has acquired the 50-megawatt Phong Dien II solar power plant in the central Thua Thien Hue Province for $39.9 million.
December 02, 2020 | 11:08 am GMT+7
Vietnam needs $150 bln for energy development

Vietnam needs $150 bln for energy development

Vietnam needs to invest $150 billion, or half of its GDP, to increase power production in the next decade, but mobilizing the money would be difficult, analysts said.
November 25, 2020 | 06:44 pm GMT+7
Energy companies make a beeline for central Vietnam

Energy companies make a beeline for central Vietnam

Several foreign and domestic companies have expressed interest in building multibillion-dollar liquefied natural gas power and storage plants in the central province of Khanh Hoa.
November 23, 2020 | 10:50 am GMT+7
$6 bln LNG-fired power plant planned in central Vietnam

$6 bln LNG-fired power plant planned in central Vietnam

A U.S.-Vietnamese joint venture wants to build a $6 billion liquefied natural gas-fired power plant in the central province of Thua Thien Hue.
November 09, 2020 | 02:19 pm GMT+7
HCMC public offices to install solar panels

HCMC public offices to install solar panels

Administrative headquarters and public non-business units in HCMC would have solar panels installed on their roofs from next year, the municipal People's Committee said.
November 08, 2020 | 08:30 am GMT+7
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