The smart grid is expected to significantly improve the reliability and efficiency of power supply, reduce transmission losses, and optimise grid management while providing households and businesses in Con Dao with more transparent, convenient and modern electricity services.
Among the flagship projects inaugurated was the expanded Hoa Binh Hydropower Plant with a total installed capacity of 480MW per year and average annual output of about 488 million kWh.
Presenting the proposal, Minister of Construction Tran Hong Minh stated that following the Politburo’s Resolution No. 68-NQ/TW on private economic sector development, several investors have expressed interest in investing in the North–South high-speed railway.
Resolution 70-NQ/TW marks a new chapter for Vietnam’s energy sector, setting the direction for the country’s energy security strategy through 2030, with a vision to 2045. Yet officials warn that the real challenge lies not in its approval, but in how effectively it is carried out — a task demanding urgency, creativity, and decisive action.
EVN leaders said CMIS has advanced to version 4.0 over the past two decades, fully digitising operations and customer services while handling data for over 32 million clients and processing hundreds of millions of transactions each year.
Since early 2023, electricity prices in Vietnam have been increased four times, 3%, 4.5% and two consecutive 4.8%.
Cumulative power output in the first two months of this year totaled 45.06 billion kWh, dominated by coal-fired thermal plants with 55.1%, followed by hydropower with 20.6%, and renewable energy 16.3%. Imported electricity accounted for only 1.9%.
Power Transmission Company No. 3 (PTC3) manages the power grid across nine provinces in Vietnam’s central and Central Highlands regions, overseeing 2,338 km of 500kV transmission lines and six substations. To ensure safe and stable operations, PTC3 applies advanced technology in management, enhancing power efficiency and supporting national development.
The Vietnam Electricity (EVN) would like to remain the investor of new energy projects, including nuclear power plants in the central province of Ninh Thuan, said Director Nguyen Anh Tuan.
The Ministry of Industry and Trade (MoIT) has issued a decision approving a price framework for electricity imports from Laos starting from December 31, 2025.
Power has been restored to over 6.03 million of Vietnam Electricity (EVN)’s 6.1 million customers affected by Typhoon Yagi and subsequent flooding, equating to nearly 99%.
The completion and operation of the 500kV circuit-3 power transmission line will contribute to completing the national power grid infrastructure, while connecting power sources to regions in need.
Prime Minister Pham Minh Chinh has demanded relevant sides mobilise every resource to speed up the construction of the Circuit-3 500kV power transmission lines so as to inaugurate the entire network before September 2.
Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) reported an after-tax loss of 26.77 trillion VND (1.053 billion USD) on high electricity production costs, according to its audited financial report.
The direct power purchase agreement (DPPA) mechanism is a breakthrough step in the roadmap to develop a competitive power market. It also gives businesses a chance to select electricity suppliers to obtain “green certificates”.
Prime Minister Pham Minh Chinh on June 1 demanded mobilising local resources for ensuring logistics and enhancing support for the construction of the Circuit-3 500kV power transmission line.
The Ministry of Industry and Trade (MoIT) has approved the base price for liquefied petroleum gas (LNG)-fired power produced by combined cycle gas turbine thermal power plants at 0-2,590.85 VND per kWh for this year.
