in the market for a fair price regime

In the market for a fair price regime

On June 20, 2012 the National Assembly voted to adopt the Law on Price (the “LOP”) in response to the public demand for an effective legal framework to control price manipulation from dominant enterprises in the gasoline and electricity sectors. LNT & Partners Nguyen Anh Tuan describes the law’s main features and provides some insights into its potential impacts on the Vietnamese economy.
firms face power shock

Firms face power shock

Electricity of Vietnam, the sole power distributor in the country, suddenly announced a 5 per cent electricity price hike last week that will surely burden enterprises with increased production costs.
power price goes up by 5 pct

Power price goes up by 5 pct

Electricity price in Viet Nam went up by 5pct starting today, August 1, following a recent decision of the Ministry of Industry and Trade.
power prices spark tiff

Power prices spark tiff

Disagreements over whether to charge higher electricity prices for major power consumers such as steel and cement plants remain, but advocates of the price rise claim it would encourage firms to modernise the sectors.
vnd 14500 billion credit loan contract for lai chau hydropower project

VND 14,500 billion credit loan contract for Lai Chau hydropower project

A commercial loan contract worth VND 14,500 billion for the Lai Chau hydropower project was signed on July 10th in Hanoi between the Vietnam Electricity Group (EVN) and the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank).
ninh thuan to house another wind power project

Ninh Thuan to house another wind power project

The south-central coastal province of Ninh Thuan has approved in principle a project to produce wind power that will be undertaken by the Vietnam Electricity Investment and Construction Joint Stock Company (EVNIC).
power security calls for new plan

Power security calls for new plan

The government is about to adjust the national electricity development master plan for the 2011-2020 period, as delayed implementation of the plan over the past two years threatens the nation’s power security.
adb funded project brings power to lai chau province

ADB-funded project brings power to Lai Chau province

Households in 31 mountainous communes in northern Lai Chau province on June 19 gained access to electricity as a project to expand and improve the province’s rural power grids started generation.
evns power pricing rationale questioned

EVN’s power pricing rationale questioned

Vinh Son-Song Hinh Hydropower Company is stuck in a hole as it has yet to finalise electricity prices with state-owned Electricity of Vietnam.
bac lieu wind mill generates power for national grid

Bac Lieu wind mill generates power for national grid

The first ten turbines with a capacity of 16MW of a wind mill in the Mekong Delta province of Bac Lieu started generating electricity for the national grid on May 29.
tata coming back for another bite of the cherry

Tata coming back for another bite of the cherry

Tata Power, India’s largest integrated power company and a subsidiary of Tata Group, is now preparing to study the feasibility of building a thermoelectricity plant in southern Soc Trang province.
electricity plants face cutbacks in coal imports

Electricity plants face cutbacks in coal imports

Vietnam’s coal-fired power plants are bracing for tightened exports from Indonesia, the world’s top exporter of coal used by thermal power plants.
7bn power plan faces short circuiting

$7bn power plan faces short circuiting

Snail’s paced progress could see the $7 billion Kien Luong thermoelectricity centre taken out of the hands of domestic private firm Tan Tao Group.
threat of power crisis slowly lifts

Threat of power crisis slowly lifts

A steady flow of electricity from new energy projects should ensure that Vietnam avoids the power shortages that often bedeviled business operations last year.
thousands without electricity as winter storm hits france

Thousands without electricity as winter storm hits France