The Ministry of Industry and Trade (MOIT) has asked for ministries' opinions on solutions to problems related to the balance sheet of the Vung Ang 1 thermal-power plant.

Vietnam’s much-awaited direct power purchase agreement pilot will be an effective tool for global companies to meet their sustainability commitments, but it remains to be seen how Vietnam can meet the green energy demand from global businesses.

The quickest and most effective way to raise funding for power projects is to enter into an alliance with foreign investors, Nguyen Anh Tuan, general director of Phu Yen TTP Joint Stock Company, said.

The problems arising during site clearance and the lockdown during the Covid-19 pandemic have led to the slow implementation of the 500KV transmission line circuit 3 project.

An electricity shortage did not occur in 2010-2019, but it may face a problem in 2021-2025 as a series of electricity generation projects have been going slowly.

As of August 23, 45,299 rooftop solar power projects had become operational with total capacity of 1,029 MWp, according to the Electricidty of Vietnam (EVN).

There are three criteria for assessing goods and services— including prices, quality and customer service. 

Many private enterprises said they want to invest in building renewable energy infrastructure, but Viet Nam still lacks mechanisms to encourage private enterprises to participate in this activity.

In spite of numerous difficulties, the investors of four thermal power plant projects under the build-operate-transfer (BOT) model are rushing to start operation and begin generating power for the national grid.

LNG could replace coal in the power sector at a higher cost but would cause less pollution.

The Ministry of Industry and Trade (MoIT) will be checking electricity production and business costs of Vietnam Electricity (EVN) from last year.

Local supporting policies together with global advanced technologies will help drive down input cost for wind power projects.

UK based Enterprize Energy (EE) announced it had received a licence to conduct survey for a giant wind power farm offshore Ke Ga cape in the south central province of Binh Thuan.

A new report launched by the Global Wind Energy Council (GWEC) has outlined Vietnam’s role as a major driver in the sector for the entire region over the next few years.