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Power

Two energy hubs to be developed

Two energy hubs to be developed

Việt Nam needs an estimated sum of VNĐ3.3 quadrillion (US$136 billion) for electricity generation and power grid development in 2025-30 period.
HDF Energy and EVNSPC join forces to boost green hydrogen power in VN

HDF Energy and EVNSPC join forces to boost green hydrogen power in VN

Under the MoU, HDF Energy and EVNSPC will collaborate on technical and feasibility studies, identify potential project sites, coordinate with local authorities and align investment and engineering resources.
Electricity price hikes must come with support measures: NA Deputies

Electricity price hikes must come with support measures: NA Deputies

This marks the second adjustment since 2023, bringing the total increase over the past three years to more than 17 per cent.
Investment in green growth gains momentum in SEA

Investment in green growth gains momentum in SEA

Green investment in SEA-6 reached US$8 billion in 2024, a 43 per cent increase year-on-year, with Việt Nam standing out for its growing green investment momentum.
Electricity prices increase by 4.8 per cent amid soaring generation costs

Electricity prices increase by 4.8 per cent amid soaring generation costs

Việt Nam Electricity (EVN) on Friday announced that the average retail electricity price will be increased by 4.8 per cent starting from Saturday, marking the fourth hike since early 2023.
​​​​​​​Quảng Trị pushes wind power projects

​​​​​​​Quảng Trị pushes wind power projects

To date, eight out of 11 approved wind power projects with a total capacity of 424MW are behind schedule.
Việt Nam imports 1.8 billion worth of coal in Q1, mainly for thermal power generation

Việt Nam imports $1.8 billion worth of coal in Q1, mainly for thermal power generation

The rise in coal imports reflects Việt Nam’s continued reliance on thermal power, despite efforts to boost clean energy.
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.