Energy

Economists, industry experts and policymakers at the event highlighted several critical challenges facing the country’s energy sector and the urgent need for strategic reforms.

Vietnamese law-markers have approved the plan to resume the nuclear power project in the south – central province of Ninh Thuận after eight years of pause in an effort to ensure energy security while meeting Net Zero goal.

HÀ NỘI — Many experts in the field of nuclear energy believe that reviving the development of nuclear power is a correct policy.

The National Assembly approved the Government's proposal to restart the Ninh Thuan nuclear power project at its 8th working session on November 30.

Can Tho – Deputy Director of the Department of Industry and Trade of Can Tho city Huynh Thanh Su had a working session on November 28 with representatives from the China Gezhouba Group Corporation (CGGC), a member of the China Energy Engineering Group Co., Ltd. (CEEC), to discuss a proposal for cooperation in developing a waste-to-energy plant in the Mekong Delta locality.

Deputy Prime Minister Tran Hong Ha emphasized Vietnam’s desire for Danish firms to increase investments in green energy development during his meetings with leaders of Denmark’s leading corporations and the Confederation of Danish Industry (DI) as part of his working tip to Denmark on November 25.

There is a huge potential for Việt Nam and the UK to enhance cooperation in clean energy, as both countries have set ambitious goals for carbon neutrality moving towards a sustainable future, experts have said.

Việt Nam Electricity (EVN), Việt Nam National Coal and Mineral Industries Holding Corporation Limited (TKV), and Đông Bắc Corporation have proposed solutions to secure sufficient coal for power generation as thermoelectricity is expected to rise significantly to meet 2025's socio-economic power demand.

Local residents expressed their hope that the project will be implemented with a clear, coordinated timeline and that it will bring transformative development to the province.

The MoIT also said that the development of nuclear power of any scale must align with the direction of the Party and the State, and all investments must comply with the Law on Atomic Energy.

The GE Vernova Foundation in collaboration with Asia Society for Social Improvement and Sustainable Transformation (ASSIST) and Electric Power University have announced a US$750,000 investment in the workforce supporting Việt Nam’s energy sector.

Minister of Industry and Trade Nguyễn Hồng Diên said accurate forecasts, careful preparations and flexible operations are needed to ensure adequate supply of electricity in 2025.

The northern province of Ha Giang has complex terrain and a sparsely populated community, which poses many challenges to infrastructure investment, particularly in bringing electricity to remote mountainous villages. However, thanks to the efforts of local authorities and the electricity sector, Ha Giang Province is gradually realising the goal of providing electricity to all highland villages.

The Vietnamese leader made the call at a reception for Saad bin Sherida Al Kaabi, Minister of State for Energy Affairs of Qatar and CEO of Qatar Energy - a state-owned oil and gas corporation in Qatar and one of the world's leading LNG producers.

The central province of Binh Dinh always create favourable conditions for investor to explore opportunities and invest in the locality, the provincial Party Secretary Ho Quoc Dung said during a working session with Helga Margarete Barth, German Ambassador to Vietnam, and representatives from the German Chamber of Commerce and Industry in Vietnam (AHK Vietnam), and PNE Group on October 30.

HÀ NỘI — The development of nuclear power plays an important role in achieving energy security and achieving net zero, but thorough study is needed to evaluate feasibility and ensure absolute safety, Deputy Minister of Industry and Trade Nguyễn Sinh Nhật Tân said.

HCM CITY — The UK Government has always been a partner of Việt Nam in its energy transition, affirmed British Consul General in HCM City, Alexandra Smith.

HÀ NỘI — Việt Nam Electricity (EVN) expects the Government to allow it to implement new power generation projects to ensure stable and safe electricity supply to meet socio-economic development demand.

In a move to secure Vietnam's energy future, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan has underscored the urgent need to restore investment in and develop nuclear power, placing utmost importance on safety.

HÀ NỘI — The Ministry of Science and Technology says it is in favour of restarting nuclear energy projects in Việt Nam, in response to renewed interest from the central Government in this power source.

A conference themed “Renewable energy and energy efficiency” was held in Ho Chi Minh City on October 21, within the framework of the Green Economy Forum and Exhibition 2024, jointly held by the European Chamber of Commerce (EuroCham) and the Ministry of Industry and Trade (MoIT)’s Vietnam Trade Promotion Agency (Vietrade).

Prime Minister Pham Minh Chinh has requested relevant agencies to mull over nuclear power development and continue updating the 8th edition of the National Power Development Plan.

Prime Minister Pham Minh Chinh on October 19 emphasised the need for early preparations to ensure a stable and efficient electricity supply and national energy security, as Vietnam is advancing its industrialisation and modernisation efforts.

HÀ NỘI — The amendments being considered to the Electricity Law should remove bottlenecks and create a favourable environment for the development of gas-fired and offshore wind power projects, experts said at a conference on Wednesday.

HÀ NỘI — Experts have emphasised the need to revise Việt Nam’s Electricity Law to align with the Party's energy policies and ensure consistency across the nation’s legal framework.

HÀ NỘI — The average electricity retail price has been increased by 4.8 per cent to VNĐ2,103.11 (US$0.085) per kWh on October 11, triggering worries about its impact on commercial and residential customers.

The average retail price of electricity in Vietnam is VND2,103.1159 per kWh, equivalent to about US$0.084 per kWh, lower than the global average.

HÀ NỘI — The Ministry of Industry and Trade has issued a decision approving a price framework for electricity imports from Laos starting from December 31, 2025.

Vietnamese Consul General in Fukuoka Vũ Chi Mai pledged to support the NIC and the Ministry of Planning and Investment in seeking Japanese partners to help Việt Nam build and implement the hydrogen energy policy.

The opportunity arises from Việt Nam's significant offshore wind potential, estimated at around 600 GW.