09-08-2013 16:18
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.
05-08-2013 15:03
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.
01-08-2013 10:02
Electricity price in Viet Nam went up by 5pct starting today, August 1, following a recent decision of the Ministry of Industry and Trade.
31-07-2013 10:03
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.
12-07-2013 09:06
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).
09-07-2013 09:14
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).
08-07-2013 11:44
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.
20-06-2013 10:12
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.
11-06-2013 16:00
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.
30-05-2013 08:52
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.
20-05-2013 09:29
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.
07-05-2013 15:05
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.
22-04-2013 11:50
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.
01-04-2013 15:35
A steady flow of electricity from new energy projects should ensure that Vietnam avoids the power shortages that often bedeviled business operations last year.