Enterprises seek cost-cutting solutions amid electricity hikes

Enterprises seek cost-cutting solutions amid electricity hikes

The latest electricity price hike has triggered a ripple effect on production costs, forcing businesses to adjust their pricing strategies to maintain operational stability and protect profit margins.
Vietnam sets new framework for retail electricity pricing

Vietnam sets new framework for retail electricity pricing

The decision, signed on March 31, sets the maximum retail electricity price at 2,444.09 VND per kWh (0,095 USD), while the minimum price is set at 1,826.22 VND per kWh.
Essential Energy Selects Oracle to Modernise NSW's Largest Electricity Network

Essential Energy Selects Oracle to Modernise NSW's Largest Electricity Network

Leading energy distributor achieves core-to-edge modernisation with Oracle's finance, HR, and workforce solutions to improve efficiency, support renewables, and enhance customer services
Electricity legislation to speed up schemes

Electricity legislation to speed up schemes

Vietnam has made some significant progress in adding more capacity to its electricity supply.
Power projects and demand addressed

Power projects and demand addressed

The government has confirmed sufficient electricity until the end of next year to ensure desired economic growth, with some large-scale power initiatives expected to become operational.
New energy vehicles can drive Vietnam closer to net-zero

New energy vehicles can drive Vietnam closer to net-zero

At present, there are around six million registered vehicles in Vietnam, with about 94 per cent running on fossil fuel. While many people are concerned about Vietnam’s reliance on coal-fired plants for electricity, despite the country’s commitment to achieving net-zero by 2050, a strong push from new energy vehicles development could potentially trigger a chain reaction across the entire energy supply chain.
Gotion to invest in lithium battery plant in Ha Tinh

Gotion to invest in lithium battery plant in Ha Tinh

Chinese firm Gotion Inc. is to invest in a lithium battery manufacturing plant in the central province of Ha Tinh.
Electricity legislation revamp in demand

Electricity legislation revamp in demand

Legislators are beginning to pore over changes to the Electricity Law that could aim to attract private investors while ensuring transparency in both prices and supply.
Lawmakers discuss anti-monopoly aspects of Electricity Law

Lawmakers discuss anti-monopoly aspects of Electricity Law

Questions were raised regarding anti-monopoly measures during discussions on draft amendments to the Electricity Law on August 29.
Vietnam's PM assures no energy shortages in 2024 at WEF discussion

Vietnam's PM assures no energy shortages in 2024 at WEF discussion

Vietnamese Prime Minister Chinh has chaired a discussion with Professor Klaus Schwab, founder and executive chairman of the World Economic Forum, in China.
Durable electricity supply to be ensured

Durable electricity supply to be ensured

Escalating power consumption has sparked an imperative to boost construction of a transmission line and simultaneously mobilise maximum capacity from coal-fired and gas-to-power plants to ensure adequate electricity supply this summer.
Daily electricity consumption exceeds 1 billion kwh for first time

Daily electricity consumption exceeds 1 billion kwh for first time

Due to intense heat waves, the electricity consumption across the country reached a new record of 1.001.9 billion kWh on May 28, surpassing the 1 billion kWh mark for the first time in history.
Brand new mindset required for proper usage of electricity

Brand new mindset required for proper usage of electricity

Electricity in Vietnam is being used at inferior efficiency compared to other countries, which is providing a challenge to find solutions on effectively using and saving it.
Laos urges consumers to conserve electricity

Laos urges consumers to conserve electricity

The prolonged heat and drought, and low rainfall have caused reservoirs and dams in Laos to run dry, and hydropower plants unable to operate or reduce their generation capacity.
Limited supply poses a risk of electricity shortages

Limited supply poses a risk of electricity shortages

Limited supplies, a rise in demand, and exorbitant electricity purchase expenses could potentially result in electricity scarcity in 2024.
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