Vietnamplus

Vietnam Electricity (EVN) should stick to its tiered pricing model, said researchers in a conference on this week in Hanoi.

The Vietnam Initiative for Energy Transition (VIET) was officially launched in Hanoi on September 19.

A Vietnamese delegation attended the Vietnam – Laos conference for the development of the industry-trade, energy and mining sectors in the Lao capital of Vientiane from August 16 to 18.

With power transmission lines and sub-stations getting overloaded in some provinces, authorities and experts have urged the Government to allow renewable energy investors to install transmission systems and transfer them to the Vietnam Electricity (EVN) for operation.

In the second half of this year, increasing competition in product quality, prices and market share are predicted to force steel companies to work harder to maintain their foothold in the market.

National Assembly Chairwoman Nguyen Thi Kim Ngan dealt with the issues of education, BOT, infrastructure investment, and electricity price, during a meeting with constituents in the Mekong Delta city of Can Tho on June 17.

Vietnam could face a power shortage in the near future due to surging demand and development difficulties.

Ho Chi Minh City’s Department of Industry and Trade has pledged to help businesses stabilise market prices following hikes in gasoline and electricity prices.

The retail sales and service revenue in Ho Chi Minh City reached more than 94.91 trillion VND (4.07 billion USD) in April, up 2.3 percent from the previous month.

Government inspectors will investigate the latest power price increase by 8.36 percent to 1,864 VND (8.03 US cents) per kWh from March 20 following concerns among the public.

Vietnam recorded a year-on-year rise of 2.71 percent in the consumer price index (CPI) between January and April of 2019, a three-year low in the period.

Experts have held that the economy is highly likely to continue the momentum created last year to achieve a breakthrough in 2019, but they also warned that there will be quite a few difficulties.

More than 10,000 sugarcane–farm households in the central province of Phu Yen are earning higher profits thanks to the use of bagasse from a sugar factory to produce electricity.

Vietnam could meet its long-term energy demands by adding renewable energy sources and cutting-edge battery storage technologies to its arsenal of solutions, experts said at a two-day international conference on renewable energy that ended on April 4 in HCM City.

Rising production costs are harming the competitiveness of Vietnamese seafood products, according to experts. These include the prices of feed, material input, electricity and labour.

Vietnamese manufacturers are set to increase their selling prices following the 8.36 percent hike in electricity price that launched from March 20.

Cambodian Prime Minister Hun Sen has announced plans to reform the nation’s economy on a large scale with a 17-point strategy, aiming to stimulate growth and save the private sector some 400 million USD per year in costs.

Although people and businesses don’t want the price of electricity and other commodities to increase, it is necessary to raise these prices to balance the economy in a multidimensional way.

Electricity prices set for 8.36% rise in late March, 2019

Power prices will increase by an average of 8.36 percent at the end of this month, said Deputy Minister of Industry and Trade Hoang Quoc Vuong on March 5.