While people believe that the monopoly enjoyed by EVN is the main reason behind high electricity prices, EVN affirms that prices will escalate if the company is dissolved.

Solar power developers will be able to sell electricity to EVN at the high price of VND2,086 per kwh for 20 years only if their plants become operational prior to July 1.

Expert Ngo Tri Long, former head of the Price and Market Research Institute under the Ministry of Finance, talks to Vietnam News Agency on the key elements in setting electricity tariffs.

Low-income earners have been the most hard-hit by the recent energy price hikes.

PM Nguyen Xuan Phuc has asked EVN to report on the recent power price hike and requested the Government Inspectorate, Ministry of Finance and Ministry of Industry and Trade to review the electricity price adjustment process.

Experts foresee big changes in the solar power industry after June 30 when Vietnam begins applying the new electricity purchase price.

A new step forward has been taken in implementing the plan on sales of coal-fired thermopower ash and slag with the release of national standards on slag used for surface leveling.

China, which can churn out 2 billion tons of cement a year, is trying to restrict cement production domestically, which means a big opportunity for Vietnam to boost exports to the market. 

The Hoa Phat-Dung Quat Steel JSC in Dung Quat Economic Zone in Quang Ngai province has received approval from MONRE to dump 15 million cubic meters of sludge at sea.

Fitch Ratings on Wednesday assigned Viet Nam’s National Power Transmission Corporation (EVNNPT) a long-term foreign-currency issuer default rating (IDR) of 'BB' with a stable outlook for the first time.

A long-term plan for renewable energy sources such as solar and wind must be devised for Vietnam to realise its goal of connecting the entire country to the national grid, experts have said.

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.

VietNamNet Bridge - Vietnam is trying to develop a renewable power market in the long term, and to do this, it must seek foreign capital.

Tran Dinh Nhan, general director of Electricity of Vietnam (EVN), said that only 1,800 households have installed rooftop solar power systems in the last two years, with total capacity of 30 MW, a small figure compared with the potential. 

 VietNamNet Bridge – Luc Van Tan, a HCM City resident, is considering installing solar power panels on his 35sq.m rooftop to save on electricity bills.

Power and aviation companies are among the industries forecast for better things this year, according to industry analysts.

Deputy Minister of Industry and Trade Do Thang Hai said recently the ministry would consider increasing the price of electricity this year.

VietNamNet Bridge - Distributed electricity generation is believed to be a good solution which could help satisfy Vietnam’s demand for power, experts say.

VietNamNet Bridge - The Ministry of Industry and Trade (MOIT) is considering new measures for the solar power industry.

VietNamNet Bridge - Many waste-to-electricity projects have kicked off recently around the country, especially in major urban areas.