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Vietnam has signed a deal with Laos to import around 20 million tons of coal a year for the next five years. The memorandum of understanding was signed for the purpose Thursday by the Vietnamese Ministry of Industry and Trade and the Lao Ministry of Energy…
Indonesian Deputy Minister of Energy and Mineral Resources Yuliot Tanjung said that the government is targeting to process waste into fuel and electricity in 30 big cities by 2029. He added that each city can produce around 20 megawatts of electricity. The…
Vietnam needs around 2,400 engineers, scientists and other personnel to revive its defunct nuclear program with two plants in Ninh Thuan Province, but officials flag a likely shortage. A typical nuclear power plant with two reactors requires 600-1,200…
The government wants to retain its monopoly over nuclear power, proposed amendments to the Electricity Law show. The government wants to exclusively build nuclear power plants as these are considered critical to national security, Minister of Industry and…
Power consumption exceeded one billion kilowatt-hours in a day for the first time ever on May 28 amid high temperatures all over the country. But on that day power output did not exceed the peak achieved at the end of April, according to the National Load…
Power consumption in Vietnam this summer is expected to increase by 13% year-on-year between May and July, 9.6% higher than forecast, posing possible supply challenges. This is because the weather is expected to become hot sooner than normal, and this could…
Households in Hanoi have received electricity bills two or three times higher than usual this month after national utility Electricity Vietnam (EVN) postponed its meter reading date. Minh of Ha Dong District said the power consumed and bill for January are…
Starting Thursday, Vietnam’s power prices increased by 4.5% to over VND2,000 (8.2 U.S. cents) per kWh, the second time they went up this year. Average power prices have increased from VND1,920.37 to VND2,006.79 per kWh, just six months after prices increased…
With the construction of many large power plants stalling or slowing and the dependence on imports for energy increasing, electricity shortages are possible until 2050, lawmakers fear. According to a report on energy development in 2016-21 done recently by a…
National utility Electricity of Vietnam (EVN) has agreed with a proposal of the Ministry of Industry and Trade to review retail electricity prices every three months to decide whether to make any adjustments. If production costs increase by 3-5%, EVN is…
Hydropower plants in northern Vietnam have pumped up their production by almost a quarter compared to earlier this month, to release water amid forecasts of heavy rain caused by Storm Talim. Water levels at most hydropower plants are now 10-20 meters higher…
Oil and gas giant Petrovietnam has liquidity issues because it has not been able to collect payables of VND23 trillion ($971 million) from state-owned utility Vietnam Electricity. Over VND14 trillion of the amount is past due, and this is having a major…
The European Chamber of Commerce in Vietnam (EuroCham) has called on the government to focus on long-term plans to mitigate power shortages, which it fears are cyclical. Power shortages were among the concerns raised by EuroCham in its second quarter Business…
Portable power stations have become sought-after items in northern Vietnam as unpredictable power cuts urged residents to store electricity in advance. Quang Minh in Hai Phong has been looking to buy a portable power station for his household, which has been…
The Ministry of Industry and Trade is considering an electricity price hike following the huge loss reported by state utility Vietnam Electricity (EVN) for last year. “The rate and time of the increase will be considered carefully to safeguard the benefits of…
Vietnam Electricity (EVN) posted losses of VND15.758 trillion ($635.4 million) between January and October, with higher fuel prices a major contributing factor. EVN said fluctuations in the world prices of coal, oil, and gas since the beginning of this year…
