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electricity

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.
Amending the Law on Electricity to unlock resources for energy security and net zero emissions

Amending the Law on Electricity to unlock resources for energy security and net zero emissions

The draft amendment to the Law on Electricity, which is on the agenda at the current session of the National Assembly, would be a bold step for Việt Nam towards ensuring national energy security and achieving net zero emissions by 2050.
Electricity demand in 2025 to be basically met: ministry

Electricity demand in 2025 to be basically met: ministry

Minister of Industry and Trade Nguyễn Hồng Diên said accurate forecasts, careful preparations and flexible operations are needed to ensure adequate supply of electricity in 2025.
New solutions needed for urgent power projects

New solutions needed for urgent power projects

To meet the electricity demand with a growth rate of about ten per cent each year, the annual investment volume in power sources and grids must reach US$7.6 billion.
New decree caps sales of excess rooftop solar power

New decree caps sales of excess rooftop solar power

Excess rooftop solar power can be sold to the national grid at no more than 20 per cent of the installed capacity, according to a new Government decree on encouraging self-produced and self-consumed rooftop solar power issued on Tuesday.
EVN wants to invest in more power generation projects

EVN wants to invest in more power generation projects

Việt Nam Electricity (EVN) expects the Government to allow it to implement new power generation projects to ensure stable and safe electricity supply for socio-economic development demand.
State monopoly over investment, construction of nuclear plant projects: draft law

State monopoly over investment, construction of nuclear plant projects: draft law

Planning for nuclear power development will be synchronised with the overall electricity development plan to guarantee power supply security.
Amending the Electricity Law is expected to remove bottlenecks for gas-fired and offshore wind power

Amending the Electricity Law is expected to remove bottlenecks for gas-fired and offshore wind power

The amendments underway to the law on electricity are expected to remove the bottlenecks and a favourable environment for the development of gas-fired and offshore wind power projects, experts said at a conference on Wednesday.
Increase in electricity prices concerns manufacturer

Increase in electricity prices concerns manufacturer

The average electricity retail price has been increased by 4.8 per cent to VNĐ2,103.11 (US$0.085) per kWh, triggering concerns about its impact on residential and business lives.
MoIT approves price framework to purchase electricity from Laos

MoIT approves price framework to purchase electricity from Laos

The maximum price for hydroelectric power is set at 6.78 US cents/kWh, while the price for wind power is 6.4 US cents/kWh.
Electricity stocks struggle on rising material costs

Electricity stocks struggle on rising material costs

The price movements of Việt Nam''s electricity stocks not only go against the domestic market trend, but also against the rising trend of power shares in the region. 
Clean electricity export: a bumpy road ahead

Clean electricity export: a bumpy road ahead

While Việt Nam possesses great offshore wind energy potential, the lack of a legal framework has impeded development. 
EVN, TKV work to ensure adequate coal supply for electricity production

EVN, TKV work to ensure adequate coal supply for electricity production

Việt Nam Electricity (EVN) and the Việt Nam National Coal and Mineral Industries Holding Corporation Limited (TKV) worked together to ensure adequate supply of coal for electricity production in the remaining months of this year.
MoIT strengthens fight against counterfeit goods in e-commerce

MoIT strengthens fight against counterfeit goods in e-commerce

Counterfeit and smuggled goods of unknown origin are still being sold widely with increasingly sophisticated tricks, mainly in cyberspace.
Market-based pricing critical to attract investment in electricity industry

Market-based pricing critical to attract investment in electricity industry

Electricity prices in Việt Nam have not been set following market-based mechanisms, as fluctuations of input costs for electricity production have not been fully reflected in the selling prices.