August 2, 2011
A man prepares to deliver a generator to a customer in front of an electrical appliances shop in downtown Hanoi on Monday. In energy-hungry Vietnam’s big cities, businesses and families often use generators to deal with power shortages in the hot summer months. State utility Electricity of Vietnam will continue to control a majority [...]
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July 1, 2011
Vietnam Electricity group (EVN), the sole power distributor, has taken the first step to end its monopoly by opening a pilot competitive generating market on Friday, as the country faces acute electricity shortages that hit manufacturers hard. This is seen as an attempt to encourage a free power market that could help boost supply, [...]
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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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August 4, 2009
The Electricity of Vietnam (EVN), Vietnam National Oil and Gas Group (PetroVietnam) and Vietnam Coal and Mineral Industries Group (Vinacomin), will hold the controlling proportion in total power capacity. The Government Office has released a document announcing the Prime Minister’s decision on the plan to restructure power generation and supply and develop the power market. [...]
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July 12, 2009
Construction work begins on Cai Cui port in Can Tho; Vietnam, Japan seek opportunities for business cooperation; Metro Cash & Carry puts wholesale centre into operation; New investment wave of second-home market in Vietnam; VND2 trillion in government bonds up for bid Construction work begins on Cai Cui port in Can ThoPrime Minister Nguyen Tan [...]
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June 14, 2009
Vietnam’s economic dynamism over the past two decades has given rise to a swift increase in energy demand. According to WB, power demand is expected to rise by approximately 16% annually from 2008 to 2010. The government is aware it must plug into power generation solutions.LookAtVietnam – Vietnam’s economic dynamism over the past two decades [...]
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April 13, 2009
Comprehensive reform of the power market is needed to break the monopoly of the national utility, experts said at a conference in Hanoi on Thursday. An employee of Electricity of Vietnam, the state-owned monopoly which controls all transmission grids and 11 power retailers around Tran Viet Ngai, chairman of the Vietnam Energy Association, said by [...]
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April 12, 2009
An employee of Electricity of Vietnam, the state-owned monopoly which controls all transmission grids and 11 power retailers around the country, works on a transformer Comprehensive reform of the power market is needed to break the monopoly of the national utility, experts said at a conference in Hanoi on Thursday. Tran Viet Ngai, chairman of [...]
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February 23, 2009
EVN has expressed concerns that a strong reform of EVN would make electricity shortages more serious and make it more difficult to ensure energy security. Deputy Minister of Industry and Trade Do Huu Hao said that a project on reforming the power industry had been submitted to the government. Hao said that currently, EVN is holding all power [...]
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