The utility argues that while battery storage raises investment costs, its effectiveness for large-scale solar projects remains insufficiently defined.

Fuel prices in Vietnam fell sharply again on June 18, extending a significant decline from record highs reached earlier this year as global oil market conditions improved.

The Ministry of Industry and Trade (MoIT) has submitted a draft decree to the Government to establish criteria for determining Vietnamese origin for goods sold in the domestic market, aiming to curb growing cases of origin-labeling fraud.

Vietnam's Ministry of Industry and Trade says supplies of E5 and E10 biofuels are sufficient nationwide and that no significant technical problems linked to biofuel use have been recorded so far.

Vietnam's Ministry of Industry and Trade answers key questions about E10 gasoline, including engine safety, fuel economy and vehicle compatibility.

A draft amendment to Vietnam’s Electricity Law could pave the way for the recovery of nearly VND45 trillion in losses accumulated by state utility EVN during the energy crisis years.

On April 8, Le Manh Hung was approved by the National Assembly as Minister of Industry and Trade for the 2026-2031 term, stepping into a role defined by mounting pressure on both energy supply and the structure of Vietnam’s external trade.

Vietnam has increased its fuel reserves from 15 to approximately 26 days as part of efforts to enhance energy security amid global uncertainties, according to Le Manh Hung, Minister of Industry and Trade.

Authorities are rolling out coordinated measures to safeguard supply, control prices and respond to global fluctuations.

After years of delays, the Ministry of Industry and Trade is pushing local authorities to accelerate reviews and legal resolutions for projects awaiting commercial approval.

The Ministry of Industry and Trade has unveiled a draft decree that would allow households to sell up to 50% of their rooftop solar output, aiming to boost green energy adoption.

Built with a people- and business-centred approach, the system is designed to serve as a bridge between enterprises and consumers, helping strengthen market confidence.

Le Manh Hung, born in 1973, brings technical and political expertise to the country’s economic development apparatus.

Deputy Minister of Industry and Trade Nguyen Hoang Long and EU Ambassador to Vietnam Julien Guerrier co-chaired the 4th meeting of the EU-Vietnam Sustainable Energy Transition Programme (SETP) Steering Committee in Hanoi on December 3.

Vietnam’s Ministry of Industry and Trade proposes stiff penalties for rooftop solar projects that bypass regulations or fail to report capacity details.

New electricity pricing reforms aim to attract investment and ensure energy security in Vietnam’s power sector.

The Ministry of Industry and Trade is drafting a scheme on diversifying imported raw material sources for domestic production, with feedback from industry associations and businesses being incorporated into concrete proposals and support policies.

In 2024, Vietnam’s import-export sector rebounded strongly, supported by a more favourable macroeconomic environment, concerted efforts by the Government, ministries, and sectors, as well as the resilience of the business community.

The 'V-Brands Go Global' program will help transform Vietnamese products into global icons.