The long-anticipated Power Development Plan 8 sets out a roadmap for Vietnam’s energy transition over 2021-2030.
Demand for electricity is expected to continue to rise rapidly as the country’s economic growth regains momentum in the near future.
The Ministry of Industry and Trade has submitted a report to the Prime Minister about options for a direct power purchase agreement mechanism (DPPA) between renewable...
Experts on July 28 proposed measures to avoid problems and effectively implement the National Power Development Plan VIII, which was approved in mid-May, at a seminar on...
The current management and operation of retail electricity prices would prolong the risk of power shortage for years to come, said Dr. Nguyen Dinh Cung, former Director...
Electricity pricing policy was the core issue to the development of the sector because it would affect the attraction of investment, the implementation of sustainable...
Trusting Social, a leading Asian fintech AI company, announced the launch of its Agent Foundry, an generative AI platform that provides trainable, AI-powered autonomous...
Experts have recommended that there should be a clear and transparent mechanism, so that investors can rest assured to spend money to build renewable power sources.
According to Nguyen Duc Hien, Deputy Head of the Central Economic Commission, to achieve the goals of the energy sector by 2030 and the vision for 2045, and to meet the...
Despite the restoration of 1,000 MW of electrical producing capacity, which has reduced the danger of power shortages, the northern area still requires long-term...
Deputy Prime Minister Tran Hong Ha recently held a working session with representatives from the Ministry of Industry and Trade (MoIT), the Vietnam Electricity (EVN) and...
The recently issued National Power Development Plan VIII is considered a breakthrough in the energy sector as it shows Vietnam’s determination to gradually eliminate...
According to VNDirect, the PDP8 might benefit M&E and RE EPC contractors first, followed by wind power and gas-fired power plant developers.
The Prime Minister has officially approved the National Power Development Plan Eight (PDP8), opening up a new chapter for Vietnam power sector.
The pressure on the USD/VND exchange rate could ease further as the Fed's rate hiking cycle may come to an end.
Although Vietnam has committed to reducing net emissions to zero by 2050, the country is still building thermal power plants such as in Nghi Son, Thai Binh 2, and Van...
The approval of National Power Development Plan VIII (Plan VIII) on May 15 has won loud applause from experts.
If such complications cannot be resolved, "the entire project may not be able to go ahead", according to the ministry.
Wind and solar power investors continued to voice their grievances over difficulties in price negotiations and extending project deadlines with the Power Trading Company...
Since the FIT price policy expired on November 21, investors have been waiting for more than a year and have been unable to construct new renewable energy sources.
Due due to the weakening of hydropower in 2023, thermal power will see significant production mobilization.
The power consumption growth in Vietnam will stay below the PDP8 forecasted level in 2023, said VNDirect.
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