EuroCham calls for introducing direct power purchase agreements in 2019 with the aim of promoting private investments into renewable electricity generation. In the 11th edition of its annual Whitebook launched recently, the European Chamber of Commerce in Vietnam (EuroCham) calls upon the country to lure additional private investments into renewable electricity generation. Accordingly, the country […]

The forum took place in South Africa’s capital Pretoria on March 14 and 15 under the co-chair of Vietnamese Deputy Foreign Minister Nguyen Quoc Cuong and South African Deputy Minister of International Relations and Cooperation Reginah Mhaule. At the forum, Vietnamese and South African ministries and sectors reviewed bilateral cooperation since their third meeting, which […]

Over the past few years, although there has been a climb in investment in renewable energy, not only authorised agencies, but investors have expressed their concern about the capacity of absorbing electricity of the national power grid. Making an interesting comparison, Bui Van Thinh, chairman of Thuan Binh Wind Power JSC, said, “The issue about […]

Speaking at the International Workshop co-organized by the Vietnam Energy Association and the UK Embassy on renewable energy development in Vietnam, Deputy Minister of Industry and Trade Cao Quoc Hung said that along with the significant economic growth, the demand for energy in the country rose by over 13% in the 2006-2010 period and by […]

Hung was speaking at an international conference themed “Vietnam: Towards a Low Carbon Energy Future Conference”, co-hosted by the British Embassy in Vietnam and Vietnam Energy Association (VEA) in Hanoi on March 12. According to Hung, projections indicate that, by 2030, Vietnam’s economy will continue to grow at a high level from 6.5-7.5% per year […]

General Director of Trung Nam Group Nguyen Tam Tien said the 246-hectare solar and wind power complex would supply 401 million kWh each year for the provincial and national energy grid, and earn annual revenue of US$71 million from power sales. Tien said the plants would employ 2,000 local workers starting from the end of […]

Hanoi (VNA) – Vietnam Electricity (EVN)’s Power Generation Corporation 1 (EVNGENCO1) said on March 8 that it has built a coordination plan to ensure coal supply for thermal power production. Accordingly, the company will sign a contract to import this year’s first batch of 1 million tonnes of coal to serve the operation of Duyen […]

HÀ NỘI – Though the Government plans to increase its renewable energy capacity, Việt Nam’s power industry is forecast to see a rise in coal-powered generation as the cheap and reliable source remains the most feasible option to meet the country’s rapidly rising power demands. According to Daine Loh, power and renewables analyst of Fitch […]

We expect coal-powered generation growth to increase rapidly over the next decade and to dominate Vietnam’s power sector expansion. We forecast coal-powered generation to grow at an average of 10.1% y-o-y to reach about 50.5% of the power mix by 2028. This is due to relatively slow supply growth from traditional sources of energy such as […]

It is expected that power plants in Mekong Delta will have total electricity capacity of 18,224 MW, or 7.6 times bigger than Son La hydropower plant, the biggest in Southeast Asia (2,400 MW). These include O Mon 1, with the capacity of 660 MW and output of 3.6 billion kwh per annum, which consumes 1 […]