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Vietnam Electricity
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EVN’s inefficiency led to power shortage: investigators
Vietnam Electricity’s (EVN) inefficient management and lack of investment in power production had led to an electricity shortage in northern Vietnam this summer, investigators have found.
National electricity regulation director suspended amid probe on widespread blackouts
The director of the National Load Dispatch Center was suspended starting Wednesday pending an investigation regarding widespread power outages in northern Vietnam.
Production back on track as power shortages ease
After factory hours in Vietnam's northern region were cut to save power during the heatwave last week, producers are now allowed to resume normal operations as power shortages begin to ease.
June 13, 2023 | 06:34 pm PT
Blackouts for 16,500 people after ship tears down power lines
A ship tore down four power lines across a river in the Mekong Delta’s Tien Giang Province, causing blackouts on Monday.
June 12, 2023 | 10:21 pm PT
EVN reports $1.5B loss in 2022
Vietnam Electricity made a loss of over VND36.29 trillion ($1.55 billion) in 2022 due to rising costs, the Ministry of Industry and Trade has said.
March 31, 2023 | 10:22 pm PT
EVN faces 'unprecedented challenges': minister
Vietnam Electricity (EVN) is facing unprecedented challenges due to surging input costs, Minister of Industry and Trade Nguyen Hong Dien said at a meeting Wednesday.
February 15, 2023 | 04:00 am PT
EVN worried irregular coal supply would affect electricity production
Power generation will be hit this year if coal supply is interrupted, Vietnam Electricity has warned.
February 12, 2023 | 06:54 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
Generator breakdown cuts power supply on Con Dao island
Three of nine diesel powered generators on Con Dao Island off Ba Ria-Vung Tau Province have broken down, resulting in power shortages for businesses and production facilities.
November 24, 2022 | 05:43 pm PT
EVN posts 49 pct profit rise
National utility Vietnam Electricity (EVN)’s post-tax profit last year surged 49 percent from 2019 to VND14.48 trillion ($631.47 million).
July 5, 2021 | 04:45 am PT
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.
June 29, 2021 | 07:28 pm PT
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 25, 2019 | 05:12 pm PT
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 24, 2019 | 06:55 pm PT
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 21, 2019 | 04:58 pm PT
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 30, 2019 | 10:07 pm PT
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