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.

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.