PM urges Vietnam Electricity to ensure adequate power for socio-economic development
NDO – Vietnam Electricity (EVN) should ensure there’s enough power for socio-economic development and avoid power shortages no matter any circumstances. Prime Minister Nguyen Xuan Phuc made the request while attending a conference in Hanoi on December 25 to review the EVN’s performance in 2019 and set tasks for 2020. According to a report presented […]
Vietnam PM holds phone talk with Russian counterpart, focusing on oil cooperation
The Hanoitimes – PM Nguyen Xuan Phuc said Vietnam will facilitate Russian-invested oil and gas projects. Vietnam’s Prime Minister Nguyen Xuan Phuc on December 24 held a phone talk with his Russian counterpart Dmitry Medvedev to keep a close watch of cooperation activities, according to the Vietnamese Ministry of Foreign Affairs (MOFA).
REE to raise stake in hydropower firm by nearly 30%
HÀ NỘI – The Refrigeration Electrical Engineering Corporation (REE) has asked to increase its stake at Vĩnh Sơn Sông Hinh Hydropower JSC to more than 50 per cent. REE has offered to buy 60 million shares of the hydropower firm, raising its ownership to 103.28 million shares. Transactions begin tomorrow via the stock market and […]
Drought, dams may lead to death of Mekong
BANGKOK: THE livelihood of millions of people in China, Laos, Myanmar, Thailand and Vietnam will be affected as drought and newly-built dams impede the Mekong River’s flow, drying up segments of the once fast-flowing river. Observers predict that these two factors may lead to the death of the 4,700km waterway. At a discussion on the […]
The wind and solar power sources will reach over 20,000MW by 2025
According to forecasts, the wind and solar power sources in Vietnam will increase sharply in the period of 2021-2023 to compensate for the electricity shortage due to delayed thermal power projects and By 2025, the total capacity of these sources will reach over 20,000 MW. According to the report of the National Steering Committee on […]
Leading clean energy enterprises in 2019 announced
NDO – The Vietnam Energy Magazine has announced the VCE 10 rankings, which features the top 10 clean energy enterprises in Vietnam in 2019 based on independent evaluation from the Ministry of Industry and Trade and the Vietnam Energy Association. Trungnam Group, a professional organisation investing in energy, infrastructure – construction and real estate that […]
Vietnam’s solar opportunities shine bright
Vietnam is set for a surge in power demand and consumption over the coming decade, which will stimulate the need for the rapid development of new power capacity. This stems largely from an expanding industrial and manufacturing sector, particularly as the ongoing U.S.-China trade war plays out. This has allowed Vietnam’s government to position itself […]
Deputy PM talks with WB guests about power development
NDO/VNA – Deputy Prime Minister Trinh Dinh Dung hosted a reception in Hanoi on December 20 for Regional Director of the World Bank (WB)’s Infrastructure Department in the East Asia and Pacific Region Ranjit Lamech and WB Country Director in Vietnam Ousmane Dion. The Deputy PM thanked them for providing active and important support for […]
