evn loses electricity monopoly holding 37 per cent of total system capacity

EVN loses electricity monopoly, holding 37 per cent of total system capacity

The state-owned Vietnam Electricity (EVN) has seen a reduction in its once-dominant role in the energy sector, as private investments, particularly in renewable energy, grow to comprise 42 per cent of the nation's power generation capacity in 2023.
vietnam ramps up imports to diversify in energy security

Vietnam ramps up imports to diversify in energy security

Vietnam is pushing to import electricity from neighbouring countries due to worrying power shortage concerns for the near future.
petrovietnam invests in o mon iii and iv thermal power plants

PetroVietnam invests in O Mon III and IV thermal power plants

PetroVietnam has taken over the O Mon III and IV gas-fired power plants after a recent decision promulgated by Can Tho People’s Committee.
jera inks deal with evn on decarbonisation

JERA inks deal with EVN on decarbonisation

JERA Co., Inc.(JERA) has signed an MoU with Vietnam Electricity (EVN) committing to establish a decarbonisation roadmap for EVN.
adjusting electricity tariff vital to the energy sector

Adjusting electricity tariff vital to the energy sector

Maintaining low electricity prices is the main reason behind the supply and demand pressure, which hinders investment in the energy sector and the shift to green economy.
coal supply moves shoring up generation of power

Coal supply moves shoring up generation of power

As Vietnam faces the prospect of a coal shortage and the challenges of securing supply, more actions are needed to ensure a long-term coal supply for power generation.
more options looked at for energy efficiency goals

More options looked at for energy-efficiency goals

Vietnam is improving energy efficiency for electrical equipment in a bid to reduce shortage pressure and fulfill its emissions reduction commitments.
evn balances social obligations with economic realities

EVN balances social obligations with economic realities

At a VIR seminar on September 26, held in partnership with the Commission for Management of State Capital at Enterprises, Nguyen Xuan Nam, deputy general director of Vietnam Electricity (EVN), discussed the group's various objectives in the face of continuing losses.
evn proposes accelerated electricity imports from laos

EVN proposes accelerated electricity imports from Laos

Amidst a looming power deficit, Vietnam Electricity (EVN) is fostering strategic partnerships with Laotian electricity suppliers to ensure the country's energy security. By leveraging competitive pricing structures, EVN proposes accelerating the imports from Laos.
vietnam electricity incurs further losses so far this year

Vietnam Electricity incurs further losses so far this year

Vietnam Electricity (EVN) has recorded losses of $1.21 billion in the first eight months of this year, adding to last year's woes.
eib and evn explore offshore wind energy collaboration

EIB and EVN explore offshore wind energy collaboration

The European Investment Bank (EIB) and Vietnam Electricity Group (EVN) are deepening ties, with advanced loan discussions centred on the Bac Ai hydropower project.
phu my 3 to rely on costlier lng

Phu My 3 to rely on costlier LNG

The Phu My 3 power plant faces challenges as it transitions from BOT (build-operate-transfer) to Vietnamese control in March next year, marking the culmination of a 20-year contract, according to a recent announcement from the Ministry of Industry and Trade (MoIT)
evn to take over bot phu my 3 thermal power next year

EVN to take over BOT Phu My 3 thermal power next year

The Ministry of Industry and Trade and the operator reached a compromise to transfer BOT Phu My 3 thermal power plant to EVN in March 2024 and BOT Phu My 2.2 in February 2025.
new power bill could cover evns losses

New power bill could cover EVN's losses

The Ministry of Industry and Trade (MoIT) plans to assess a range of relevant factors associated with power production and the business landscape within its average retail power price calculation.
draft on new green power pricing structure expected in november

Draft on new green power pricing structure expected in November

The Ministry of Industry and Trade (MoIT) is currently gathering data for a draft, expected in November, on the best approach to building a new pricing structure for solar and wind power.