Vietnam Electricity (EVN), the country's largest power company, said the rumour about Vietnamese authorities urging certain businesses in northern Vietnam to voluntarily reduce electricity usage by 30 per cent is inaccurate.

The Ministry of Industry and Trade’s (MOIT) proposal to raise retail electricity prices in 2024 comes amid difficulties faced by Electricity of Vietnam (EVN) and its loss of VND17 trillion last year.

Prime Minister Pham Minh Chinh voiced an imperative to ensure a consistent and uninterrupted power supply in all circumstances during a working session with the Vietnam Electricity (EVN) on January 13.

Electricity of Vietnam (EVN) has signed 19 contracts with investors on importing electricity from 26 hydropower plants in Laos with a total capacity of 2,689MW.

Electricity of Vietnam (EVN) has proposed that the Ministry of Industry and Trade (MOIT) submit to the Prime Minister a plan on importing electricity from Truong Son wind power plant in Laos and building more transmission lines to serve the import.

A number of countries, including Vietnam, have been facing sharp coal, oil and gas price increases over the last two years.

The Ministry of Industry and Trade (MOIT) has found that 24 renewable power projects want direct power purchase agreements (DPPA), while the other 17 projects are considering seeking direct buyers.

The Electricity of Vietnam Group (EVN) is no longer a major power producer as it has contributed only 11% of electricity to the national grid this year.

The Commission for Management of State Capital at Enterprises has proposed reprimands for six officials of Việt Nam Electricity (EVN).

The Commission for the Management of State Capital at Enterprises (CMSE) has recommended reprimanding the leadership of Vietnam Electricity Group (EVN) for the power outages that hit northern Vietnam early in the summer this year.

The Prime Minister has asked that the Electricity of Vietnam (EVN) and Vietnamese enterprises develop offshore wind power on a trial basis, but the Ministry of Industry and Trade (MOIT) says there is insufficient legal foundation to do this.

High input prices were a major contributor to Vietnam Electricity (EVN)'s financial loss, according to the Department of Electricity Regulatory under the Ministry of Industry and Trade (MoIT).

The State Capital Management Commission (SCMC) has sent a document to the Ministry of Planning and Investment (MPI) showing its view about the splitting of the National Load Dispatch Centre (NLDC) from Electricity of Vietnam (EVN).

Due to the risk of an electricity undersupply in 2025, EVN has proposed importing more electricity from Laos.

Vietnam Electricity (EVN) has recorded losses of $1.21 billion in the first eight months of this year, adding to last year's woes.

Replying to the suggestion on bilateral clearing of electricity volume bought and purchased between Vietnam and Laos, Electricity of Vietnam (EVN) said that no legal basis exists to implement this kind of solution.

The Ministry of Industry and Trade’s (MOIT) draft decision on adjusting average electricity prices includes information on whether losses incurred from electricity production activities will be counted when calculating retail prices.

EVN says that when electricity production cost decreased by 1 per cent or more, the average electricity retail price would be reduced at the...

Vietnam Electricity Group (EVN) has endorsed a proposal for a new electricity tariff adjustment mechanism.