12:58 | 21/10/2020
Doosan Heavy Industries & Construction announced on Oct. 20 that it has signed a 901.8 billion won contract with Vietnam's VAPCO to build Vung Ang 2 coal power plant.
12:58 | 21/10/2020
The Company's 5000-square-meter warehouse in Nhon Binh Ward, Quy Nhon City, Binh Dinh Province broke out a fire, damaging its equipment and machinery.
12:58 | 21/10/2020
Vietnam’s government is scrambling to head off an impending energy crunch that threatens to bring blackouts within two years and hamper the near-term future of one of Asia’s fastest growing economies.
12:58 | 21/10/2020
The Tri An hydropower plant will receive two extra generators to increase its capacity by 200 megawatts (MW), taking the total capacity to 600 MW by 2025, a representative of Vietnam Electricity Group (EVN) said at a meeting on July 31.
12:58 | 21/10/2020
The Republic of Korea (RoK)’s Consulate General recently revealed the country’s businesses plan to increase investment in Viet Nam, especially in the manufacturing of electronic equipment and developing smart grids.
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Vietnam is one of the most efficient power markets in Southeast Asia, and has achieved nearly 99 percent electrification with relatively low cost in comparison to neighbouring country, according to the Ministry of Industry and Trade (MoIT).
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Vietnam’s power prices went up 8.36 percent Wednesday after remaining unchanged for two years.
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The Ministry of Industry and Trade has issued Decision No 281 which increases the prices for power generation in 2019.
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The obsession of periodical power blackouts during the dry season seems to have been fallen into oblivion. Yet it is now likely to come back to haunt the Vietnamese economy. One of the reasons is many localities have given a flat no to new power plant projects they deem to entail high risks of pollution.
12:58 | 21/10/2020
Việt Nam will likely face a power shortage in the period 2020-30 if electricity generation is not increased and there is not enough fuel (coal and gas) for generation.