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Power

Thanh Hóa launches international bidding for mega project worth 2.11 billion

Thanh Hóa launches international bidding for mega project worth $2.11 billion

Bidders must have a minimum equity capital of VNĐ8.26 trillion and the ability to mobilise loans of up to nearly VNĐ55.07 trillion. 
EVN proposes offshore wind power price cap of up to 0.15/kWh in northern Việt Nam

EVN proposes offshore wind power price cap of up to $0.15/kWh in northern Việt Nam

According to EVN, the proposed price cap is based on input parameters developed by the Institute of Energy and d in accordance with the Việt Nam–Denmark Technology Handbook.
Việt Nams solar exports hit with US duties of up to 542.6 per cent

Việt Nam’s solar exports hit with US duties of up to 542.6 per cent

Solar cell and panel imports to the US from Việt Nam will face countervailing duties of up to 542.6 per cent.
Adjusted Power Development Plan VIII is approved

Adjusted Power Development Plan VIII is approved

The plan aims to fully meet domestic electricity demand, supporting national socio-economic development with an average annual GDP growth rate of around 10 per cent from 2026 to 2030, and 7.5 per cent from 2031 to 2050.
NS2PC launches rooftop solar project for a greener tomorrow

NS2PC launches rooftop solar project for a greener tomorrow

The company estimates that the project will significantly reduce CO2 emissions, contributing to global and local environmental protection plans.
Trà Vinh approves investment policy for five more wind power projects

Trà Vinh approves investment policy for five more wind power projects

The Trà Vinh Provincial People’s Committee has given the green light to the investment policy for five wind power projects, for an investment total of over VNĐ13.8 trillion (US$540.6 million).
HSBC commits 12 billion to support Việt Nams energy transition

HSBC commits $12 billion to support Việt Nam’s energy transition

Out of a total $12 billion financial commitment for energy transition projects in Việt Nam, HSBC has so far executed transactions accounting for approximately 22 per cent.
New decree incentivises renewable, new energy development

New decree incentivises renewable, new energy development

The research and development of technology in Việt Nam''s wind and solar power sectors are being actively encouraged and supported, according to a recently issued government decree.
Bitexco Power wants to invest in Thái Nguyêns first wind power plant project

Bitexco Power wants to invest in Thái Nguyên's first wind power plant project

The planned development is expected to span multiple communes including Liên Minh, Tràng Xá, Dân Tiến, Bình Long, Phương Giao, Nghinh Tường and Đình Ca town, covering a survey area of over 31ha.
Energy sector accelerates improvements for robust economic growth ahead

Energy sector accelerates improvements for robust economic growth ahead

With much higher economic growth targets set for the future along with a strong commitment to achieve net zero emissions by the end of 2025, Việt Nam is seeing growing demand for electricity.
Petrovietnam aims to complete Long Phú 1 project before 2027

Petrovietnam aims to complete Long Phú 1 project before 2027

Chairman of the Board of Directors of Petrovietnam Lê Mạnh Hùng emphasised the group''s determination to mobilise all resources, including support from the Government, to expedite the project. 
Ministry proposes incentives for renewable energy projects

Ministry proposes incentives for renewable energy projects

To attract investments in offshore wind power, the ministry proposed an exemption of marine area use fees during construction and a 50 per cent reduction in fees for the 12 years after operations begin.
Ninh Thuận expecting nuclear power project to be a decisive driver for the socio-economic development of the province

Ninh Thuận expecting nuclear power project to be a decisive driver for the socio-economic development of the province

After eight years, the National Assembly has approved restarting the Ninh Thuận Nuclear Power Project to ensure energy security. Vietnam News Agency reporter speaks to Trần Quốc Nam, chairman of the Ninh Thuận Provincial People''s Committee, about this issue.
Việt Nam resumes nuclear power project amid rising energy demands

Việt Nam resumes nuclear power project amid rising energy demands

Vietnamese law-markers have approved the plan to resume the nuclear power project in the south – central province of Ninh Thuận after eight years of pause in an effort to ensure energy security while meeting Net Zero goal.
Project launched to advance energy transition in Việt Nam

Project launched to advance energy transition in Việt Nam

The GE Vernova Foundation in collaboration with Asia Society for Social Improvement and Sustainable Transformation (ASSIST) and Electric Power University have announced a US$750,000 investment in the workforce supporting Việt Nam’s energy sector.