MoIT considers single pricing model for power tariff Business

MoIT considers single pricing model for power tariff

The Ministry of Industry and Trade (MoIT) is considering new models to calculate electricity prices, including one that would eliminate its current step pricing, which industry experts have called outdated and deeply unpopular among consumers.
Large-scale wind power project planned in Binh Thuan Business

Large-scale wind power project planned in Binh Thuan

Denmark’s Copenhagen Infrastructure Partners (CIP) along with Asiapetro and Novasia Energy signed a memorandum of understanding with the Binh Thuan Provincial People’s Committee on July 22 to develop the 3.5GW La Gan wind power project off the coast of the south-central province – one of the first large-scale projects of its kind in Vietnam.
MoIT considers common retail power price Business

MoIT considers common retail power price

The Ministry of Industry and Trade (MoIT) is considering allowing households to choose a common retail power price for their electricity consumption, said Deputy Minister Hoang Quoc Vuong.
EVN to allow QR-code payment from September Business

EVN to allow QR-code payment from September

The Vietnam Electricity (EVN) plans to get connected with banks and other organisations by the end of August to allow customers to pay electricity bills through QR-code from September this year.
Untie bottlenecks to develop clean energy sources Business

Untie bottlenecks to develop clean energy sources

To promote the development of renewable energy, there should be a prioritised policy mechanism on electricity prices and loan interest rates, according to Dr. Nguyen Manh Hien, President of the Scientific Council at the Vietnam Clean Energy Association.
HCM City steps up rooftop solar power development Business

HCM City steps up rooftop solar power development

Vietnam Electricity Ho Chi Minh City (EVN HCMC) on May 12 signed a memorandum of understanding on solar power development with the Bach Khoa Investment and Development of Solar Energy Corporation, the Vietnam Ecological Solutions JSC and the TTC Energy JSC.