Power prices should have been increased more: MoIT Business

Power prices should have been increased more: MoIT

Electricity retail prices should have been raised by 9.26 percent instead of 8.36 percent if Vietnam Electricity (EVN) had correctly calculated the 3.26 trillion VND foreign exchange rate difference in 2018 into its power production costs.
Japan aids power development in Phu Yen province Society

Japan aids power development in Phu Yen province

The south-central coastal province of Phu Yen is implementing an electricty grid project worth nearly 237 billion VND (10.4 million USD) sourced from Japanese non-refundable official development assistance (ODA).
PM okays smart grid network development Business

PM okays smart grid network development

The Prime Minister has ratified a draft content of an agreement between Vietnam and Germany ’s KfW Development Bank for the first phase of a project on smart grid for electricity transmission.
Business

Northern Power Corporation reports good growth

The Northern Power Corporation under the Electricity of Vietnam (EVN) group achieved an average annual electricity output rise of 16 percent in the last five years, the highest rate among EVN power distribution companies.
US funds Vietnam’s smart electricity grid Business

US funds Vietnam’s smart electricity grid

The US Trade and Development Agency (USTDA) has provided 700,000 USD in non-refundable aid to the pilot application of Vietnam’s Smart Grid project, that will help Vietnamese energy companies efficiently manage the use of electricity during peak hours, and optimise power distribution.
PM stresses importance of ASEAN – US ties Politics

PM stresses importance of ASEAN – US ties

Prime Minister Nguyen Tan Dung has underlined the importance of ASEAN - US relations to peace, security and development in the region at the first ASEAN-US summit in Bandar Seri Begawan, Brunei on October 9.
Business

Nearly 4.5 trillion VND for power projects in south

The Southern Electricity Corporation has announced that it will invest nearly 4.5 trillion VND (225 billion USD) for major power projects this year in efforts to ensure electricity supply for people in southern region.