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.
High-tech investment influx reliant on stable power supply

High-tech investment influx reliant on stable power supply

The government has committed to ensuring sufficient power for businesses, giving Vietnam the potential to receive advanced capital influx from foreign-backed enterprises.
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.
Electricity plans take shape for 2024

Electricity plans take shape for 2024

The government is being urged to improve the supply of electricity for production and business activities, with warnings that power shortages could continue undermining the economy’s efforts to garner new funding from abroad.
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.
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.
Reorganisation in hand for 2023’s electricity supply

Reorganisation in hand for 2023’s electricity supply

Vietnam can only reduce demand and alleviate the current electricity shortage by utilising energy economically and efficiently, energy leaders are warning.
Northern region facing risk of daily power shortage: official

Northern region facing risk of daily power shortage: official

The northern region is facing the risk of power shortage at almost every point of time each day, according to Tran Viet Hoa, head of the Electricity Regulatory Authority of Vietnam under the Ministry of Industry and Trade (MoIT).
Neighbourly efforts in tow to aid electricity prospects

Neighbourly efforts in tow to aid electricity prospects

Vietnam intends to boost its imports of electricity from Laos and China in order to avoid an electricity shortfall this summer.
All systems go for energy security

All systems go for energy security

The newly approved Power Development Plan VIII for 2021-2030, with a vision to 2050, is designed to improve the country’s energy security and set out a roadmap for developing energy sources towards a green path. However, realising the targets will be a profound challenge for all involved.
Electricity prices to be revised up following holiday

Electricity prices to be revised up following holiday

The Ministry of Industry and Trade has allowed the Vietnam Electricity (EVN) to revise up electricity prices by a maximum of 3 per cent following the April 30 - May 1 holiday.
Fresh approaches sought for electricity transmission

Fresh approaches sought for electricity transmission

The plan to raise transmission tariffs for energy indicates that Vietnam must take further steps to alleviate system stress and entice private sector investment in transmission.
Power price hike on the cards in Vietnam

Power price hike on the cards in Vietnam

Despite Electricity of Vietnam’s (EVN) intention to increase energy rates to rebalance its budget for 2023, the status of coal-fired power does not yet seem to be declining.
Enterprises wary over EVN proposal

Enterprises wary over EVN proposal

Already tormented by a multitude of woes, many enterprises in industrial production could encounter greater pressure if Electricity of Vietnam’s proposal to raise the selling prices of power becomes true.
EVN to boost clean energy development

EVN to boost clean energy development

The Electricity of Vietnam (EVN) will invest more in clean energy in the years ahead to meet the rising demand for power in national development.
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