Energy

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.

Several Vietnamese enterprises are able to manufacture hundreds of individual wind turbine components at a time and sell them directly to foreign wind power companies or major turbine suppliers.

HANOI – Foreign investors, particularly those from the US, have expressed their interest in investment opportunities in Vietnam’s liquefied natural gas (LNG) infrastructure market to meet the country's energy needs.

Developing wind power projects will be one of the driving forces for Bến Tre Province’s socio-economic development, Permanent Deputy Prime Minister Nguyễn Hoà Bình said at a seminar held in the province on October 2.

HANOI – Efforts have been made to finish the 220kV Nam Sum – Nong Cong transmission line project in October to facilitate electricity imports from Laos to Vietnam to meet the rising demand in northern provinces.

ĐỒNG NAI — Trị An Hydropower Plant, built on the Đồng Nai River which flows through the southern province of Đồng Nai, is the largest hydropower project in the region.

Prime Minister Pham Minh Chinh has directed the Ministry of Industry and Trade to gather feedback and finalize a draft decree on encouraging rooftop solar power, for submission to the government for issuance next week.

Nuclear energy could supplement the country's energy base and minimise environmental risks, with the Government asking for a report to be submitted to the Politburo.

The Norwegian renewable energy provider, Scatec ASA, is exiting the Vietnam renewable energy market seeking more growth options elsewhere.

HANOI - Deputy Prime Minister Tran Hong Ha has signed off a development plan for the Mekong Delta province of Bac Lieu that will cost 16-18 billion USD from now until 2030.

Việt Nam needs to consider the development of a battery energy storage system (BESS) to ensure energy security and sustainable development, experts have said.

EVN units in northern Việt Nam are continuing to mobilise personnel, vehicles, and equipment to repair the damage caused by the storm and ensure full power restoration to the remainders as soon as possible.

Units under the Northern Power Corporation have been making efforts to promptly fix the problems. By the morning of September 11, a total of 1,376 out of 1,604 medium-voltage power lines with incidents were resumed operation.

The 500kV circuit-3 power transmission line linking Quang Trach in the central province of Quang Binh and Pho Noi in the northern province of Hung Yen is a special project, completed at remarkable speed, representing a major achievement for the power sector.

(VEN) - Conclusion 76-KL/TW has paved the way for Vietnamese enterprises to the proactive development of offshore wind power development strategies and roadmaps.

HCM City - Vietnamese firms have ample opportunities to develop green and clean projects, particularly in renewable energy, heating, ventilation and air conditioning (HVAC), data centre and smart building construction, experts said at a series of seminars on energy held in Ho Chi Minh City on September 4.

In Decision No 262/QD-TTg dated April 1, 2024, the Prime Minister approved the implementation plan for the National Power Development Master Plan in the 2021-2030 period with a vision to 2050.

Hanoi - Aware of the demand for green energy, industrial parks have retrofitted rooftop solar power systems to increase competitiveness and attract investors.

The 500kV circuit-3 power transmission line linking Quang Trach in the central province of Quang Binh and Pho Noi in the northern province of Hung Yen was officially put into operation on August 29.