cpi level encounters new pressures

CPI level encounters new pressures

Besides an increase in the basic salary, factors including a potential climb in electricity prices and rebound in consumption could put efforts to control inflation under pressure.
evn proposes dynamic electricity pricing scheme

EVN proposes dynamic electricity pricing scheme

According to Vietnamnet, Vietnam Electricity (EVN) submitted a formal document to the Ministry of Industry and Trade (MoIT) on August 21 with recommendations on a draft decision aimed at replacing Decision 24, which outlines the mechanism for adjusting the average retail electricity price.
vietnam faces up to 2000mw power shortfall

Vietnam faces up to 2,000MW power shortfall

Vietnam anticipates an energy shortfall of up to 2,000MW between 2024 and 2025, as the soaring electricity demand outpaces additions to capacity.
vietnam embarks on green energy revolution with pdp8 blueprint

Vietnam embarks on green energy revolution with PDP8 blueprint

Aiming to double its electricity capacity by 2030 and committed to achieving net-zero emissions by 2050, Vietnam is actively seeking a mix of domestic and international investments. Kang Seungho, special counsel at Dentons LuatViet, notes that as Vietnam embarks on this energy transformation, it faces both opportunities and challenges in embarking on a sustainable future.
18 renewable energy power plants now online

18 renewable energy power plants now online

According to recent data released by Vietnam Electricity (EVN), as of August 11, nearly 93 per cent of renewable-energy transition projects have submitted their profiles to the Power Purchase Department for price negotiations and power purchase agreement (PPA) consultations, a substantial achievement for just over three months of rigorous effort.
vietnam expects stronger fdi inflows with large scale projects

Vietnam expects stronger FDI inflows with large-scale projects

Foreign direct investment (FDI) inflows into Vietnam have gradually recovered with many large-scale investment projects following the COVID-19 pandemic as well as political and economic uncertainties in the world.
malaysia eyes wave energy for electricity generation

Malaysia eyes wave energy for electricity generation

When one mentions renewable energy, the mind often jumps to familiar sources like solar energy, hydroelectric dams, and wind power. However, Malaysia is seeking measures to turn wave energy for electricity generation.
flaws in infrastructure hinder plans for lng

Flaws in infrastructure hinder plans for LNG

The possibility that electricity generated from liquefied natural gas will replace coal-fired power is some way off, with infrastructure concerns regarding import operations coming to the fore.
moit to adjust electricity prices to ensure cash flow for evn

MoIT to adjust electricity prices to ensure cash flow for EVN

The Ministry of Industry and Trade (MoIT) is looking to adjust the electricity retail prices to ensure cash flow for Vietnam Electricity Group (EVN).
vietnam fuels renewable energy shift

Vietnam fuels renewable energy shift

Vietnam's Ministry of Industry and Trade has put forth innovative measures for direct electricity purchases, bypassing conventional channels and potentially accelerating the country's transition to renewable energy sources.
government urges evn to complete electricity pricing mechanism

Government urges EVN to complete electricity pricing mechanism

The Vietnamese government has requested that the MoIT amend and supplement the mechanism for adjusting the average retail price of electricity and the structure of the retail electricity tariff.
moit proposes a new electricity pricing mechanism

MoIT proposes a new electricity pricing mechanism

The Ministry of Industry and Trade (MoIT) has proposed a new mechanism to adjust the average retail electricity price, as stipulated by the prime minister.
kfw bank and evn set to expand tri an hydropower plant

KfW bank and EVN set to expand Tri An hydropower plant

Germany's KfW Development Bank and Vietnam Electricity (EVN) have agreed on terms for the expansion of the Tri An Hydropower Plant, with the plan to finance the project directly through KfW, circumventing the need for government guarantees.
the case for self sufficiency in vietnams energy mix

The case for self-sufficiency in Vietnam’s energy mix

Vietnam’s power shortages highlight the need for electricity conservation and a transition to clean energy, with self-sufficiency models and government support playing crucial roles in ensuring business continuity and sustainable development.
vietnams 15 renewable energy transition projects generate 154 million kwh

Vietnam's 15 renewable energy transition projects generate 154 million kWh

In a significant stride towards renewable energy adoption, 15 transitional renewable energy projects have contributed approximately 154 million kilowatt-hours (kWh) of electricity.