Bringing electricity to the country's most far-flung is one of the most important and impressive achievements Vietnam has made since the national reunification, with the number of households having access to electricity increasing from 2.5% in 1975 to 99.54% in 2020.
The Vietnam Electricity (EVN) is eyeing the operation of a competitive retail electricity market in 2021 following its official run of a competitive wholesale market since 2019.
Over 21 trillion VND (913 million USD) is needed to supply electricity to most rural households currently without access, heard a consultation conference in Hanoi on December 18 to pool investment for power supply projects in rural, mountainous, and island areas in the 2021-2025 period.
The national target programme on electricity supply for rural, mountainous and island areas will reach approximately 871,263 households between 2021 and 2025, as heard at a conference held in Hanoi on January 14 to review its implementation in the past five years.
The National Load Dispatch Center (A0) has asked Vietnam Electricity (EVN) to equip it with better infrastructure for the operation of a future wholesale and retail electricity market with more renewable energy resources.
