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Update news vietnam's power industry
The Ky Anh wind power plant project has been approved for development across the communes of Ky Xuan, Ky Anh, and Ky Khang in the central province of Ha Tinh, covering both land and offshore areas.
The Ministry of Industry and Trade has released more details about the VND2-3 million cash support for households installing self-produced, self-consuming rooftop solar and the loan support scheme at 8.3 percent/year interest.
Vietnam’s renewable energy adoption is gaining momentum as a key pillar of sustainable development, energy security, and its pledge to achieve net-zero emissions by 2050.
In addition to direct financial support of VND2-3 million, the Ministry of Industry and Trade has proposed that households installing rooftop solar systems receive loans with specific subsidized interest rates and defined overdue interest rates.
The project is a result of the strategic Vietnam – Japan partnership in clean energy development.
A lack of large-scale energy projects in the past decade, combined with regulatory gridlock and pricing caps, is threatening Vietnam’s ability to meet rising electricity demand by 2030.
The National Power Transmission Corporation (EVNNPT) is accelerating two key 220 kV transmission line projects - Tuong Duong–Do Luong and Do Luong–Nam Cam - to strengthen power supply in Nghe An province and enable electricity imports from Laos.
Officials explain the benefits and safety reasons behind the registration requirement for rooftop solar panels.
The 600MW Truong Son Wind Power Complex went online just 15 months after construction began, marking a new milestone in Vietnam-Laos energy ties.
The MoU seeks to coordinate the two sides’ efforts in updating the feasibility study and site documentation for Ninh Thuan 1, which is set to become Vietnam’s first nuclear power plant.
The Ministry of Finance (MOF) has proposed solutions to address global minimum tax challenges for several BOT power projects, which face an additional tax burden of over $400 million.
Vietnam’s Power Development Plan VIII placed strong emphasis on liquefied natural gas (LNG) as a transitional energy source to gradually replace coal-fired power and ensure energy security amid the shift to renewables.
The CEO of Vietnam Electricity (EVN) has called for the swift implementation of a two-component electricity pricing mechanism. If fully and transparently applied, this model could eliminate cross-subsidies among different consumer groups.
Malaysian Deputy Minister Akmal Nasrullah Mohd Nasir highlighted Vietnam’s strong wind power potential, stressing that if connected through the regional grid, this energy source could bring significant benefits to Malaysia.
After nearly a year of suspension, the Long Son Petrochemical Complex (LSP) – Vietnam’s first integrated petrochemical facility – has officially resumed operations.
Vietnam’s Ministry of Industry and Trade has proposed a subsidy of $1.65 billion to support 14 million households in installing rooftop solar systems.
A proposal by Vietnam Electricity Group (EVN) to incorporate its nearly VND 45 trillion (approximately USD 1.75 billion) accumulated losses into the average retail electricity price has sparked significant public debate.
EVN begins expansion of the Tri An Hydropower Plant to boost capacity and reduce emissions through a nearly USD 157 million project.
Prime Minister orders 500kV Lao Cai–Vinh Yen line completion by August 19 despite delays.
From January 1, 2026, all petrol distributed across Vietnam must contain 10% ethanol, marking a pivotal milestone in the country’s shift toward green energy and its long-term carbon neutrality goals.