Vietnam’s retail electricity price climbs 4.8%
Since early 2023, electricity prices in Vietnam have been increased four times, 3%, 4.5% and two consecutive 4.8%.
Keyword: "Vietnam Electricity"
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February electricity output rises 12.6%
Cumulative power output in the first two months of this year totaled 45.06 billion kWh, dominated by coal-fired thermal plants with 55.1%, followed by hydropower with 20.6%, and renewable energy 16.3%. Imported electricity accounted for only 1.9%.
⛦ Ensuring safe operation of power transmission grid in Central and Central Highlands regions
Power Transmission Company No. 3 (PTC3) manages the power grid across nine provinces in Vietnam’s central and Central Highlands regions, overseeing 2,338 km of 500kV transmission lines and six substations. To ensure safe and stable operations, PTC3 applies advanced technology in management, enhancing power efficiency and supporting national development.
🔴 EVN proposes taking charge of new energy projects
The Vietnam Electricity (EVN) would like to remain the investor of new energy projects, including nuclear power plants in the central province of Ninh Thuan, said Director Nguyen Anh Tuan.
꧟ MoIT approves price framework to purchase electricity from Laos
The Ministry of Industry and Trade (MoIT) has issued a decision approving a price framework for electricity imports from Laos starting from December 31, 2025.
𝔉 Power restored to nearly 99% of typhoon-affected clients
Power has been restored to over 6.03 million of Vietnam Electricity (EVN)’s 6.1 million customers affected by Typhoon Yagi and subsequent flooding, equating to nearly 99%.
💎 500kV circuit-3 power line creates motivation for industrial, trade development
The completion and operation of the 500kV circuit-3 power transmission line will contribute to completing the national power grid infrastructure, while connecting power sources to regions in need.
🌄 PM urges faster progress to inaugurate Circuit-3 500kV lines by Sept. 2
Prime Minister Pham Minh Chinh has demanded relevant sides mobilise every resource to speed up the construction of the Circuit-3 500kV power transmission lines so as to inaugurate the entire network before September 2.
🎀 EVN reports record loss despite electricity price increases
Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) reported an after-tax loss of 26.77 trillion VND (1.053 billion USD) on high electricity production costs, according to its audited financial report.
ꦐ DPPA mechanism to promote a competitive energy market in Vietnam
The direct power purchase agreement (DPPA) mechanism is a breakthrough step in the roadmap to develop a competitive power market. It also gives businesses a chance to select electricity suppliers to obtain “green certificates”.
♎ PM demands gathering resources for 500kV transmission line project
Prime Minister Pham Minh Chinh on June 1 demanded mobilising local resources for ensuring logistics and enhancing support for the construction of the Circuit-3 500kV power transmission line.
ꦬ Ministry approves base price for LNG-fired power at 10.56 US cents/kWh
The Ministry of Industry and Trade (MoIT) has approved the base price for liquefied petroleum gas (LNG)-fired power produced by combined cycle gas turbine thermal power plants at 0-2,590.85 VND per kWh for this year.
𒆙 PM demands stable power supply during peak period
Prime Minister Pham Minh Chinh has recently signed an official dispatch requesting drastic, synchronous and effective measures to ensure stable power supply during this year's peak period and beyond.
💝 Ministry issues digital transformation plan for energy sector
The Ministry of Industry and Trade has issued a digital transformation plan for the energy sector, aiming for 90% of administrative procedures to be handled online via the public services portal.
♎ Electricity prices to be adjusted every three months
The average retail electricity prices are to be adjusted no more than every three months starting from May 15.
Vietnam to switch on to Earth Hour switch-off
The Ministries of Natural Resources and Environment, and Industry and Trade, and the World Wide Fund for Nature in Vietnam (WWF-Vietnam) have called on people to join hands in reducing carbon footprint, towards net zero emissions, in response to the Earth Hour campaign.
🦩 Electricity prices expected to surge in 2024: Ministry
In an effort to address financial challenges faced by Vietnam Electricity (EVN), the Ministry of Industry and Trade (MoIT) has put forth a proposal to increase electricity prices in 2024.
🎐 PM urges great efforts to finish Quang Trach-Pho Noi power line project by mid-2024
Prime Minister Pham Minh Chinh on January 28 presided over a conference on accelerating the progress of the Quang Trach-Pho Noi power transmission line project in the central province of Thanh Hoa as part of his visit to the project sites, stressing collective efforts to finish the project by mid-2024.
🧜 PM requests uninterrupted power supply in all circumstances
Prime Minister Pham Minh Chinh voiced an imperative to ensure a consistent and uninterrupted power supply in all circumstances during a working session with the Vietnam Electricity (EVN) on January 13.
NA Standing Committee convenes 29th session
The 29th session of the National Assembly (NA) Standing Committee opened in Hanoi on January 8, which is scheduled to last for one and a half days.