Vietnam exploring nuclear energy development

Vietnam exploring nuclear energy development

The government has directed the MoIT to study nuclear energy practices from other countries.
Dong Tam Group and CS Wind Corporation to build $200 million wind power equipment factory

Dong Tam Group and CS Wind Corporation to build $200 million wind power equipment factory

Dong Tam Group and CS Wind Corporation signed a deal on September 10 to lease land for the construction of a wind farm equipment factory.
Investors expect adjustment in retail power mechanisms

Investors expect adjustment in retail power mechanisms

Removing the cross-subsidy policy in collaboration with adjusting retail power prices will be motivation to foster investment capital influx in the power sector.
Importance stressed over power system

Importance stressed over power system

The Ministry of Industry and Trade has confirmed sufficient electricity for the nation until the year’s end, while admitting the transformation to renewables is sluggish.
Total power capacity by 2030

Total power capacity by 2030

In Decision No 262/QD-TTg dated April 1, 2024, the Prime Minister approved the implementation plan for the National Power Development Master Plan in the 2021-2030 period with a vision to 2050.
MoIT proposes scheme to boost renewable energy procurement

MoIT proposes scheme to boost renewable energy procurement

The Ministry of Industry and Trade (MoIT) has put forward a proposal that would allow manufacturers to procure electricity from renewable energy plants.
Government commits to summer power availability

Government commits to summer power availability

New initiatives are being taken to help Vietnam ensure sufficient power, further strengthening investors’ trust in Vietnam.
Price movements likely to be affected by inflation landscape

Price movements likely to be affected by inflation landscape

Factors such as the upcoming rise in power tariffs and salaries are expected to pressurise the government’s efforts in bringing inflation under control this year.
Vietnam explores renewable energy export strategy

Vietnam explores renewable energy export strategy

The Ministry of Industry and Trade is set to begin developing a framework to explore wind and solar energy.
Thai Binh unveils $2 billion LNG power plant project in Japanese deal

Thai Binh unveils $2 billion LNG power plant project in Japanese deal

The deal is between power plant project is a collaboration between Tokyo Gas Co., Kyuden Corporation, and Truong Thanh Group.
Power purchase agreements just the ticket for Vietnam

Power purchase agreements just the ticket for Vietnam

New rules and the removal of various disadvantages in the country’s current power purchase agreement model could help international finance find its way into Vietnam’s energy transition process.
Offshore power projects lure investors

Offshore power projects lure investors

Offshore power projects in Vietnam are attracting eager new investments.
EVN balances social obligations with economic realities

EVN balances social obligations with economic realities

Deputy general director of EVN discussed the group's various objectives in the face of continuing losses at a recent VIR seminar.
Poor progress made in Vietnam's power sector

Poor progress made in Vietnam's power sector

Progress has yet to meet expectations in the country's power sector.
Weight still placed on imported LNG

Weight still placed on imported LNG

Vietnam’s growing dependence on imported liquefied natural gas could cause a hike in power production costs.
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