Power price hikes in the offing: minister
Deputy Minister of Industry and Trade Do Thang Hai said recently the ministry would consider increasing the price of electricity this year.
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Deputy Minister of Industry and Trade Do Thang Hai said recently the ministry would consider increasing the price of electricity this year.
Prime Minister Nguyen Xuan Phuc on February 14 cut the ribbon to inaugurate the Thai Binh Thermal Power Plant in the northern province’s Thai Thuy district.
Party General Secretary and President Nguyen Phu Trong visited police officers, staff of the National Load Dispatch Centre (NLDC) and environmental workers of Hanoi who were on duty on the last night of the Year of the Dog on February 4.
The National Power Transmission Corporation (EVNNPT) said it plans to launch 33 power transmission projects and put into operation 47 projects, with a total capital of 19.5 trillion VND in 2019.
The Ministry of Industry and Trade has announced that its Department of Finance and Enterprise Innovation will step up the restructuring and equitisation of State-owned enterprises (SOEs), together with listing them on the stock market.
Over 253,000 ha of land in the midland and northern region had enough water for 2018-2019 winter-spring rice crops as of January 23, or 45.77 percent of the total land.
Both finance companies and banks are promoting consumer lending to capitalise on high demands ahead of the country’s largest holiday Lunar New Year (Tet).
Vietnam’s solar power plants are facing a crisis in consumption of their electricity because there has not been synchronous development of power transmission infrastructure or a suitable operation mechanism.
New financial sources, particularly from the private sector, will help Vietnam further develop its energy industry, according to a new World Bank report on maximising finance for Vietnam’s energy development.
The Vietnam Economic Forum 2019 (VEF 2019), slated for January 16-17, will review the Vietnamese economy’s development in 2018 and discuss its prospects in 2019, as well as outline breakthrough measures to promote innovation and bolster socio-economic growth.
Power generation from waste has a short break-even period and benefits the environment and so is attractive to investors.
The National Power Transmission Corporation (EVNNPT), a subsidiary of the state-owned Vietnam Electricity (EVN) group, transmitted 184.5 billion kWh of electricity in 2018, up 11.03 percent from the previous year.
The power company of the Central Highland province of Dak Nong has splashed out tens of billions of VND on upgrading its electrical systems to ensure there is a sufficient power supply for Cambodia’s Mondulkiri province.
The state-owned Vietnam Electricity (EVN) obtained a number of achievements despite many difficulties in 2018, said EVN Deputy Director General Nguyen Tai Anh.
The Southern Power Corporation (EVN SPC) will continue focusing on developing major power projects in 2019 to serve southern island communes.
Hundreds of households in Ho Chi Minh City have been benefiting from homegrown solar power systems.
The Electricity of Vietnam’s Southern Power Corporation (EVNSPC) has reported that it increased investment in key southern provinces of Binh Duong, Dong Nai, Long An, Tay Ninh and Ba Ria-Vung Tau for industrial development in 2018.
More than 2.34 billion shares of the PetroVietnam Power Corporation (PV Power) will be listed on the Ho Chi Minh Stock Exchange (HoSE) under the code POW on January 14, 2019.
