Gasoline prices see 3rd hike this month
Gasoline prices on Thursday afternoon rose for the third time this month and reached a four-week high. The popular fuel RON95 went up 2.45% to VND23,010 ($0.90) per liter. Biofuel E5 RON92 rose 2.37% to VND23,010. Diesel increased by 1.57% to VND20,680.
Power demand lifts Vietnam’s April-May coal imports
Vietnam’s coal imports in April-May rose from a year earlier on strong demand from utilities to cater for increased electricity consumption in households and industries.
Vietnam-Russia agreement for a Nuclear Technology Center
Vietnam and Russia recently signed an agreement to build a Nuclear Science and Technology Center in Vietnam. This collaboration aims to strengthen the country’s nuclear capabilities, with discussions on the integration of modular reactors of various sizes.
Power demand lifts Vietnam’s April-May coal imports
Vietnam’s coal imports in April-May rose from a year earlier on strong demand from utilities to cater for increased electricity consumption in households and industries.
Ministry pledges no power shortages this year
There will be no electricity shortages this year, even as electricity consumption reaches record-high figures in Vietnam, the Ministry of Industry and Trade (MoIT) has promised.
Energy Outlook Report suggests Vietnam’s net-zero goal technically feasible
The latest Vietnam Energy Outlook Report – Pathways to Net-Zero (EOR-NZ) said that Vietnam’s goal of achieving net-zero emissions by 2050 is not only technically feasible, but also the most cost-optimized scenario.
Delayed coal-fired power plant in southern Vietnam secures $980 mln loan from Eximbank Malaysia
Malaysia-based Toyo Ink Berhad and its wholly-owned Vietnam subsidiary, Song Hau 2 Power Company Ltd., have secured a $980 million loan from Eximbank Malaysia to develop a $3 billion coal-fired power plant in southern Vietnam.
Daily electricity consumption exceeds 1 billion kwh for first time
Due to intense heat waves, the electricity consumption across the country reached a new record of 1.001.9 billion kWh on May 28, surpassing the 1 billion kWh mark for the first time in history.
