MoIT seeks solutions for key energy projects

Key businesses account for 40% of the country's energy consumption. If they use energy efficiently, they will save significantly electricity.
MoIT seeks solutions for key energy projects ảnh 1Minister of Industry and Trade Tran Tuan Anh chairs a meeting on key energy projects (Photo: moit.gov.vn)

Hanoi (VNA) - Speeding up key projects to ensure power supply for the country is the content of the meeting chaired by the Minister of Industry and Trade Tran Tuan Anh on July 17).

Commercial electricity increases by nearly 10 percent

According to Phuong Hoang Kim, Director of the Department of Electricity and Renewable Energy, in the first 6 months of 2019, the country's commercial electricity grew nearly 10 percent over the same period in 2018. Especially, due to the effects of hot weather, load capacity in April, May and June increased sharply.

Kim also forecast that in the remaining months of the year, electricity demand will continue to increase by about 10 percent over the same period last year. However, with the prepared plans, the electricity system will ensure adequate supply of electricity.

Regarding the development of renewable energy, according to Kim, the total solar capacity proposed by investors has reached 25,000 MW. In addition, wind power projects have a total capacity of about 16,500 MW.

"By the end of June, a total of 89 solar power plants have been put into operation with a total capacity of nearly 4,500 megawatts. This is a timely addition to the national electricity system, contributing to ensuring electricity supply in the first half of 2019," Kim said.

However, with the current status of the existing infrastructure, in some periods, in particular, during the noon of the past months, the 500-220-110kV power grid of Ninh Thuan, Binh Thuan, Khanh Hoa, Phu Yen Dak Nong and Dak Lak provinces are overloaded, affecting the safe and stable operation of the electricity system.

At the meeting, Kim also highlighted several threats that could lead to a number of risks affecting electricity supply in 2020 such as higher load demand than expected, or poor water flow to hydropower reservoirs, or the shortage of coal, gas for electricity production ...

Regarding projects in the revised power development plan VII, Phuong Hoang Kim said that currently, power projects are implemented in three forms of investment, including projects invested by Vietnam Electricity (EVN), Vietnam Oil and Gas Group (PVN), Vietnam Coal and Mineral Group (TKV). In addition, there are a number of investment projects in the form of BOT and IPP.

However, he is worried that many projects are still behind schedule.

Accelerating projects’ progress

At the meeting, Minister of Industry and Trade Tran Tuan Anh also pointed out many reasons leading to some projects being delayed. In particular, subjectively, there are difficulties due to overlapping of rules and procedures.

The Minister requested the Department of Electricity and Renewable Energy and relevant units of the Ministry of Industry and Trade to quickly accelerate the progress of projects and work with the highest sense of responsibility. At the same time, it is necessary to review sanctions and legal provisions for investors who are behind schedule.

He also emphasized the responsibility of some local leaders due to the lack of drastic guidance for projects under the revised power development plan VII, resulting in structural disruption.

For the VIII Plan, the Minister requested units under the Ministry to speed up the completion progress, in which, it is necessary to renovate the implementation method and update the actual situation, paying attention to the source structure and issues regarding technology, legal framework in the future.

Regarding the operation of hydropower plants, the Minister assigned the Electricity Regulatory Authority to coordinate with the Department of Industrial Safety and Environmental Technology to work with the Ministry of Agriculture and Rural Development to review the operation process of inter-lake and supplement new regulations related to extreme weather. At the same time, continuing to promote the popularisation of economical and efficient use of energy.

“The Electricity and Renewable Energy Department re-evaluates all important projects in the Electricity Planning VII, focusing on projects that are behind schedule or whose schedule cannot be determined. We must determine the consequences of these projects for the electricity industry, identify the causes, consequences, and responsibility for each individual, agency and unit to drastically remove these problems,"  Minister Tran Tuan Anh stated./.

VNA

See more

The meeting between the Quang Ninh delegation and Siemens Mobility (Photo published by VNA)

Quang Ninh seeks cooperation, investment opportunities in Germany

A Quang Ninh official praised the collaboration between Siemens Mobility and VinSpeed in developing the Hanoi–Quang Ninh high-speed railway and expressed his hope that the project will pave the way for future cooperation between Siemens Mobility and Quang Ninh in modern railway development and workforce training.

At the 10th intersessional meeting of UNCITRAL Working Group III in Ninh Binh province on September 7, 2026. (Photo: VNA)

Vietnam hosts UNCITRAL Working Group III intersessional meeting for first time

By hosting the 10th UNCITRAL Working Group III intersessional meeting, Vietnam wishes to continue playing an active and proactive role in UNCITRAL in general and Working Group III in particular, working alongside the international community to strengthen cooperation, share experience and contribute to the development of the international legal framework.

An Asian customer with a Vietnamese coconut product served with straws (Photo: VNA)

Vietnam’s agricultural exports: Shifting from volume to value

Vietnam has about 1.2 million hectares of fruit-growing areas, producing around 13 million tonnes a year. Its fruits are exported to more than 60 countries, including major markets such as the US, the EU, Japan, the Republic of Korea and China. The country is also among the world’s leading exporters of rice, cashew nuts, pepper and coffee, with its products reaching more than 150 countries, including markets with stringent standards.

A modern production line at Hana Micron Vina Co. Ltd., a wholly invested by the Republic of Korea, in Van Trung Industrial Park in Bac Ninh province (Photo: VNA)

Northern Vietnam attracts 80.5% of new manufacturing FDI in first half

John Campbell, Director and Head of Industrial Services at Savills Vietnam, said investment in electronics and semiconductors continued to concentrate in northern localities, which have developed relatively complete manufacturing ecosystems encompassing industrial infrastructure, technical labour and supplier networks.

At the 2025 K–Vietnam Pop-up Festa in Dalat (K-Market Vietnam 2025) held in the central province of Lam Dong on November 8, 2025. The event features a series of cultural and trade exchange activities between Vietnam and the RoK, with more than 100 Lam Dong and Korean enterprises showcasing typical products from both sides. (Photo: VNA)

Vietnam, RoK seek to expand trade cooperation

The Ministry of Industry and Trade’s Department of Foreign Markets said Korean companies showed strong interest in Vietnam International Sourcing (VIS 2026), covering food, logistics, digital technology, mechanics, shipbuilding, seafood and distribution.

According to the Vietnam Coffee Cocoa Association (Vicofa), Vietnam exported nearly 1.7 million tonnes of coffee in the first eight months of 2026, earning more than 6 billion USD. (Photo: VNA)

Vietnamese coffee exports poised for strong finish toward year-end

According to the Vietnam Coffee Cocoa Association (Vicofa), Vietnam exported nearly 1.7 million tonnes of coffee in the first eight months, earning more than 6 billion USD. Export volume rose by over 10% year on year, while export value fell by 11.2% due to lower export prices.

Ciputra is one of the landmark projects representing the presence of Indonesian investment in Vietnam since the first wave of FDI. (Photo: bietthu-ciputra.vn)

Foreign capital seeks stronger foothold in Vietnam through M&A

Foreign investors carried out 1,815 capital contribution and share purchase transactions in Vietnam in the first seven months of 2026, with total capital exceeding 6.5 billion USD. While the number of transactions fell 8.4% year-on-year, their value rose 61.6%.

At the Vietnam- Myanmar Business Forum in Hanoi on September 6 (Photo: VNA)

Myanmar President pledges to facilitate Vietnamese investment

Myanmar calls for Vietnam's cooperation in digital infrastructure development, cybersecurity, digital transformation, public services, information technology, and digital payment systems, as well as in fostering an innovation-driven business environment.

Using AI to search and process legal information (Photo: VNA)

Legal profession reshaped in age of artificial intelligence

In Ho Chi Minh City, digital transformation in the legal profession is not simply about introducing more technology into professional practice. It must also create ways of working that ensure technology serves people, while lawyers retain control and responsibility for the quality of legal services. This is particularly important in a metropolis with a large-scale economy and diverse legal needs.

Activities in Chan May Bay, part of the Chan May–Lang Co Economic Zone in Hue city. (Photo: VNA)

Hue steps up investment drive in Chan May–Lang Co Economic Zone

Covering more than 27,000ha, the Chan May–Lang Co Economic Zone is emerging as a key economic, urban, industrial and eco-tourism centre in southeastern Hue, with functional areas dedicated to seaports, industry, non-tariff activities, urban development and tourism.

The Ministry of National Defence's inter-agency inspection team visits La Gi Fish Port in Phuoc Hoi ward, Lam Dong province. (Photo: VNA)

Lam Dong's IUU fishing prevention efforts inspected

According to the Lam Dong provincial IUU Fishing Prevention Steering Committee, all 8,177 fishing vessels measuring at least 6 metres in length have been registered and updated in the national fisheries database VNFishbase.

A member of Minh Quang Cooperative in Hung Yen province works on a farm. (Photo: VNA)

Vietnam aims to link half of farm cooperatives with enterprises by 2030

The Ministry of Agriculture and Environment will promote links between cooperatives, enterprises, science and technology organisations and other economic entities along with carrying out programmes to develop concentrated agricultural, forestry and fisheries raw material areas and enhance value chain production.

The night-time economy is increasingly seen as an important avenue for Vietnam’s tourism sector to extend visitors’ stays (Photo: VNA)

Revitalising growth momentum for night-time economy

The night-time economy has moved beyond being merely an add-on service to become a new growth driver for tourism. Night-time activities can “awaken” familiar heritage spaces and breathe new life into them. Art, light and music experiences after dark can create distinctive attractions while meeting the desire of middle- and high-end visitors to explore cultural depth.