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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.
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.
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
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
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
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 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 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
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
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
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, 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
Vietnam Electricity wants retail price hike to cover $1.3B loss
Vietnam Electricity made a loss of VND31.36 trillion (US$1.32 billion) in 2022 as production costs rose but retail tariffs remained unchanged.
December 21, 2022 | 10:39 pm PT
Vietnam Electricity wants power prices to be dynamic, based on production cost
Vietnam Electricity wants power prices to be managed in the same way as fuel by taking into account the changing costs of production and not fixed at certain levels.
December 13, 2022 | 06:46 pm PT
EVN seeks electricity price hikes
Vietnam Electricity (EVN) is seeking permission to increase retail prices as the national power provider expects losses of VND31 trillion ($1.26 billion) this year due to surging production costs.
December 2, 2022 | 12:48 am PT
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