Adding power to Customs proposed

Adding power to Customs proposed

VCN - The situation of smuggling, trade fraud, and illegal cross-border transportation of goods in the first months of 2022 is still a problem,
Synchronous solutions in energy conversion

Synchronous solutions in energy conversion

VCN - According to Mr. Hoang Tien Dung, Director of the Department of Electricity and Renewable Energy (Ministry of Industry and Trade), Vietnam is taking the first steps in the transition from traditional energy to green and cleaner renewable energy. The
Clear, stable policies needed to lure investors in power sector

Clear, stable policies needed to lure investors in power sector

VCN – Regarding the draft Power Plan VIII project, energy expert Ngo Duc Lam, former director of the Institute of Energy under the Ministry of Industry and Trade, said that the key factor to deal with capital for electricity development is clear and stabl
Power planning VIII worries

Power planning VIII worries

VCN- In particular, in the ongoing Covid-19 pandemic, priority is given to protecting people's health. These are Government priorities that need to invest resources instead of budget provision to guarantee BOT power projects that are potentially risky.
Concerns of power grid disintegration and large-scale power outages if wind power and solar power increase strongly

Concerns of power grid disintegration and large-scale power outages if wind power and solar power increase strongly

VCN-Compared with the revised power development planning VII (PDP7), in the period up to 2030, the draft national electricity development planning for 2021 - 2030, with a vision to 2045 (PDP8), which is being consulted by the MoIT, has made major changes
How can Vietnam import power to solve shortage?

How can Vietnam import power to solve shortage?

VCN- In the Draft Report on Strategic Environmental Assessment of the National Energy Master Plan for the 2021-2030 period, with a vision to 2050,the Ministry of Industry and Trade has clearly stated a rather general situation on Vietnam's electricity sec
Many difficulties in attracting private investment in the power sector

Many difficulties in attracting private investment in the power sector

VCN - In order to ensure the achievement of the target that the total capacity of power sources by 2030 will reach about 125 - 130 GW and the power output will reach about 550-600 billion kWh, the power sector needs very large investment.
Power consumption rises as economy recovers from pandemic

Power consumption rises as economy recovers from pandemic

Power consumption increased significantly in September as the economy started to find its feet after COVID-19 was successfully contained in Vietnam, according to a recent report by Electricity of Viet Nam (EVN).
Single power price of nearly 3,000 VND / kWh "forces" users to choose ladder tariff?

Single power price of nearly 3,000 VND / kWh "forces" users to choose ladder tariff?

VCN- The Ministry of Industry and Trade is consulting the draft decision of the Prime Minister on the structure of the electricity retail tariff to amend Decision 28/2014 / QD-TTg on the structure of the electricity retail tariff.
Common electricity price is nearly VND 3,000/kWh, who benefits and who suffers?

Common electricity price is nearly VND 3,000/kWh, who benefits and who suffers?

VCN- The Ministry of Industry and Trade is collecting comments on the draft decision of the Prime Minister on the retail electricity tariff structure to amend Decision 28/2014/QD-TTg on the retail electricity tariff structure.
Why does the Ministry of Industry and Trade supplementsolar power capacity that is ten times higher than the plan?

Why does the Ministry of Industry and Trade supplementsolar power capacity that is ten times higher than the plan?

VCN - The Revised Power Development Master Plan sets the goal of developing solar power at 850 MW by 2020.
Serious energy shortage despite running oil-fired power

Serious energy shortage despite running oil-fired power

VCN- The National Steering Committee on electricity development has just released a report on the implementation of projects in the National Electricity Development Plan (Electricity Planning VII), adjusted to the third quarter of 2019.
Despite high prices, we need to take into account gas-fired power

Despite high prices, we need to take into account gas-fired power

VCN- According to the Department of Electricity and Renewable Energy (Ministry of Industry and Trade),currently, Vietnam has 7,200 MW of gas-fired power, accounting for about 16% of the total system capacity.
Single solar power price: Concerns about less competition, grid overload

Single solar power price: Concerns about less competition, grid overload

VCN- According to the Ministry of Industry and Trade: the plan for a single national electricity price has the great advantage of a simple FIT price policy because there is only one price and no higher support is needed in areas with low radiation potenti
Many power projects are behind schedule, increasing power shortage pressure

Many power projects are behind schedule, increasing power shortage pressure

VCN- Many big power source projects are behind schedule, especially BOT power sources and coal-fired thermal power projects are identified as the key causes leading to the risk of power shortage mentioned above.
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