Complicated and time-consuming investment and construction procedures are among the main reasons for the stagnation of urgent power projects, the Ministry of Industry and Trade's Electricity and Renewable Energy Authority has said.

Prime Minister directs ministries to ensure no power shortages in 2025, with gradual adjustments to electricity prices and enhanced imports from China and Laos.

According to the International Energy Agency (IEA), the oil and gas sector’s experience in executing offshore projects contributes significantly to sharing supply chains and technology.

Under Power Plan VIII, 13 LNG power plants have been approved in Việt Nam with a total capacity of 24 GW

The proposal to dig up and incinerate old waste buried at Nam Son landfill to generate electricity has raised questions about project feasibility and economic efficiency.

The Ministry of Industry and Trade recently reported to the Prime Minister on updates to the Power Development Plan VIII, as part of its ongoing review of 154 solar power projects flagged by the Government Inspectorate.

Thirty years ago, at 7:07pm on May 27, 1994, the 500kV power transmission line system was officially put into operation.

The Ministry of Industry and Trade (MOIT) has been asked to design a plan to allow northern rooftop solar power systems to sell up to 20 percent of their capacity to the national grid.

The Ministry of Investment and Trade (MOIT) says that private investors should not develop offshore wind power projects until all issues related to national defence and national security are anticipated and assessed.

If electricity prices from offshore wind power plants are higher than EVN's (Electricity of Vietnam) retail prices, EVN has the right to refuse to buy electricity from the plants.

Effective from July 3, 2024, Decree 80 outlines the framework for direct power purchase agreements, aiming to enhance the collaboration between renewable energy suppliers and major electricity users.

The Ministry of Investment and Trade (MOIT) has been insisting on giving petroleum distributors the right to determine prices based on factors to be announced by the state.

The Ministry of Industry and Trade (MOIT) has been asked to work on a policy that would allow the owners of rooftop solar power systems to sell excess electricity to the national grid.

LNG (liquefied natural gas) is considered the trump card of clean energy trends. Vietnam is following the trend, having committed to reduce net emissions to zero by 2050.

Little progress has been reported for most gas-fired power projects. Minister of Industry and Trade Nguyen Hong Dien has asked for measures to speed up project implementation.

The Ministry of Industry and Trade has approved the electricity price framework for liquefied natural gas (LNG) power plants for 2024, setting the maximum price at VND2,590.85 per kilowatt-hour (kWh), excluding value-added tax (VAT).

The Ministry of Industry and Trade has submitted the long-waited draft decree on direct purchase agreement (DPPA) to the Government for approval.

Minister of Industry and Trade Nguyen Hong Dien believes that paying zero dong to electricity to be generated by rooftop solar power systems is a reasonable policy which could prevent profiteering.

LNG-fired power is seen as a good solution to emission reductions because power plants running on LNG generate 50 percent fewer CO2 emissions than one burning coal. But production costs will be high, VND2,400-2,800/kwh.