January 9, 2012
EVN targets a total electricity generation of 118.5 billion kilowatt-hours in 2012 State-owned utility Electricity of Vietnam has reported an estimated loss of VND3.5 trillion in 2011 (US$166.4 million), lower than its original projection of VND11 trillion. The group, also known as EVN, has taken measures to cut operating costs to reduce losses, news website VnExpress [...]
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December 26, 2011
Vietnam raised electricity prices by 5 percent last Tuesday The Ministry of Finance said prices of electricity, coal, fuel products and public services, which are heavily subsidized by the government, will be determined by the market no later than 2013. Prices of these essentials will gradually be “given back to the market,” the ministry said [...]
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May 6, 2011
A representative from Electricity of Vietnam collects the monthly payment from a household in Ho Chi Minh City. The Vietnamese government will review electricity prices at the start of June and may make another adjustment following a double-digit increase in March, a senior official said on Tuesday. "The government will review power prices on June [...]
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April 25, 2011
New power pricing rule only a first step in market liberalization, analysts feel An electrician installs meters on an electrical pole in downtown Hanoi. Vietnam raised electricity rates by about 15 percent in March. A new rule that allows electricity prices to be changed several times a year can spur investment and help ease [...]
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February 25, 2011
An investor checks stock movements at an exchange in Ho Chi Minh City. Many investors have dumped shares this week as news of a power price hike starting March triggered inflation worries. In addition, the slower credit growth target could restrict lending for investment in the stock market, experts say. The Ho Chi Minh Stock [...]
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February 21, 2011
Vietnam’s stocks tumbled the most since November 2009 after the government said it will raise electricity prices by a record 15.3 percent, spurring concern the government will step up measures to curb inflation. The Ho Chi Minh City Stock Exchange’s VN Index slumped 4 percent, the most among Asian benchmark gauges today, to 483.68 [...]
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February 4, 2010
VietNamNet Bridge – The Ministry of Finance (MOF) has suggested two options for electricity price increases, either by 10.7 percent or 6.8 percent. According to the director of the Price Control Agency Nguyen Tien Thoa, his agency has submitted a report suggesting they raise electricity prices by either 10.7 percent or 6.9 percent from the [...]
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October 9, 2009
Vietnam’s energy heavyweights look to the Government to broker a viable pricing structure for coal-fired power. The three state-owned groups that dominate Vietnam’s power industry seem to agree that the Government must allow them to pass on the higher price of electricity produced from coal to the consumer. The big three are Electricity of Vietnam [...]
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August 24, 2009
LookAtVietnam – The most favourable conditions will be created for both foreign and domestic investors to invest in the energy sector, The Son La Hydroelectric Plant. By July, Viet Nam had attracted 143 foreign invested energy projects worth US$6.2 billion.At an international seminar on Viet Nam’s energy development planning and strategies, held recently in Ha [...]
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August 21, 2009
Kien Giang province attracts 13 FDI projects; Vietnam welcomes investors in energy sector; Ten proposals made for development of paper sector; Cambodian cashew sector expects bright future in Vietnam The Mekong Delta province of Kien Giang has so far this year attracted 13 foreign-invested projects with a combined investment capital of 2.8 billion USD. Over [...]
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