Officials cited factors such as lower supply for hydropower plants and gas fields. The Ministry of Industry and Trade (MOIT), as well as Vietnam Electricity (EVN), indicated that some factors that could raise the prices of power in Vietnam are growing, local newspaper VnExpress reported. MOIT’s Electricity Regulatory Authority (ERA) is developing a power supply […]

It wants to accelerate the construction of transformer stations and start operations of a line in South Saigon. Vietnam Electricity (EVN) will accelerate its projects in 2019 to meet rising demand and ensure sufficient supply for the year, Vietnam Energy reports. The projects include 220kV transformer stations in Luu Xa, Quynh Luu and Quang Chau […]

According to Decision No.39/2018/QD-TTg (“Decision 39”) issued on 10 September 2018, the feed-in-tariffs (FiTs) for wind energy projects have been increased from US cents 7.8/kWh to VND 1,928/ kWh (US cents 8.5 per kWh) for onshore wind power projects and VND 2,223/kWh (US cents 9.8 per kWh) for offshore wind power projects. The new FiTs […]

VNA reported that the Vietnam National Coal and Mineral Industries Group has set the goal of earning a total revenue of VND 128 trillion in 2019, nearly VND 69 trillion of which will be from coal production. During a conference held in the northern province of Quang Ninh on December 26, the group said it […]

HO CHI MINH CITY — Vietnam repeatedly calls itself one of the countries that would be most devastated if climate change worsens, but it is also preparing to import liquefied natural gas (LNG), which emits the greenhouse gases that accelerate climate change. Rather than drastically boost renewable energy, Vietnam plans to start using LNG for the […]

According to a report from the Asian Development Bank (ADB), key factors such as the low-regulated price of electricity and uncertainty of the creditworthiness of Vietnam’s state-owned utility EVN are making it difficult to develop bankable solar and RE projects. An improved fiscal energy policy is recommended as the only way to provide the local […]

HCM City (VNA) – Experts have suggested Vietnam build a balanced energy structure by developing renewable energy, given the increased energy demand in the country. Statistics show Vietnam uses a great deal of energy, with the industrial sector consuming the most at 47.3 percent of the total. The southern region faces a severe shortage of electricity […]

Vietnam has significant potential to exploit its renewable energy resources, such as solar photovoltaic, wind, biomass, and hydropower, which can be harnessed to support sustainable growth in the country.  Dao Xuan Lai, UNDP assistant country director and team leader of Climate Change and Environment, shares some thoughts about the possibilities of Vietnam undergoing a transition […]

Hanoi (VNS/VNA) – Vietnam could face power shortages in the early 2020s, heard a workshop in Hanoi on November 29. Tran Viet Anh, head of Strategic Division under the Electricity of Vietnam (EVN) told the workshop entitled ‘Developing Sustainable Energy and Protecting Environment in Vietnam’ that the shortages are likely to happen from 2020 to […]

It is now training companies and preparing hydropower plants to enter the market. The Vietnamese Ministry of Industry and Trade will launch the full opening of the domestic electricity wholesale market to competition in 2019, following the establishment of a successful year-long pilot period. The Electricity Regulatory Authority of Vietnam (ERAV) will use the remaining […]