The Generation Corporation 1 (GENCO 1) of the Electricity of Vietnam (EVN) produced more than 9 billion kWh of hydropower in the first 11 months of 2017, 40 percent higher than this year’s target.
A view of Tuyen Quang hydropower plant in the northern province of Tuyen Quang (Photo: VNA)
Hanoi (VNA) – The Generation Corporation 1(GENCO 1) of the Electricity of Vietnam (EVN) produced more than 9 billion kWhof hydropower in the first 11 months of 2017, 40 percent higher than thisyear’s target.
Meanwhile, thermal power output approximated 17billion kWh, equivalent to 70 percent of the target, the firm said, noting thatover 26 billion kWh was produced in total during the period, reaching 86percent of the 2017 plan.
It added thanks to the big volume of waterflowing into hydropower reservoirs, hydropower output by the end of Novemberwas 3 billion kWh higher than the plan for 2017.
In November alone, GENCO 1 turned out over 2.28billion kWh of electricity, representing 90 percent of the month’s target andrising by 12 percent from a year earlier.
The company earned more than 2.7 billion VND from electricity sales during themonth, including nearly 2.2 billion VND thermal power.
It will work to manufacture more than 2.1 billionkWh, including 429 million kWh of hydropower and 1.68 billion kWh of thermalpower, in December to fulfil this year’s task, the corporation added.-VNA
Five power turbines designed to generate 560 MW were put into operation to increase the national electricity generation capacity in the first six months of the year, according to EVN.
A large number of high-quality personnel will be needed to meet the growing demand of the competitive generation market and the competitive wholesale electricity market in the time ahead.
The south central province of Phu Yen has announced 14 sites that it deems to have great potential for solar energy plants in order to call for investors.
The Ministry of Industry and Trade has decided to resume the operation of the competitive electricity generation market (CGM) on November 1 after a one-month suspension.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.