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Image: The results of the negotiation on electricity prices for the transitional renewable energy projects (updated by June 28)

The results of the negotiation on electricity prices for the transitional renewable energy projects (updated by June 28)

Regarding the status of acceptance of documents, the results of negotiations, approval of electricity prices, signing of the power purchase agreement (PPA) and acceptance of the transitional wind and solar power projects, the Vietnam Energy Magazine will state the data updated by the Electricity of

Image: Yet to hit bottom

Yet to hit bottom

There is still a long way to go before the Vietnamese economy can expect a significant rebound, according to HSBC experts. While the economy showed some weaknesses, Vietnam’s services sector emerged as a bright spot, partially offsetting the overall situation. Retail sales in May increased by

Image: Ministry approves electricity prices for 19 renewable energy projects

Ministry approves electricity prices for 19 renewable energy projects

HCMC – The Ministry of Industry and Trade has approved the provisional electricity prices for 19 wind and solar power plants with a total capacity of around 1,400MW. Among them, five are solar power plants and 14 onshore and offshore wind farms. As of May 24, 25 out of 85 wind and solar power

Image: Electricity prices approved for 15 renewable energy projects

Electricity prices approved for 15 renewable energy projects

HCMC – The Ministry of Industry and Trade has approved the provisional electricity prices for 15 wind and solar power plants after its negotiations with the Vietnam Electricity Group (EVN). Tran Viet Hoa, director of the Electricity Regulatory Authority of Vietnam, said that 37 of 85 wind and

Image: NA Economic Committee wants Gov’t to clarify EVN’s losses

NA Economic Committee wants Gov’t to clarify EVN’s losses

HCMC – The National Assembly Economic Committee has asked the Government to clarify why Vietnam Electricity Group (EVN) has made losses of more than VND26.4 trillion. The request was mentioned in a report on Vietnam’s socio-economic performance submitted to the National Assembly’s Standing

Image: Electricity prices inch up by 3% from today

Electricity prices inch up by 3% from today

HCMC – Electricity prices in Vietnam increased by 3% to over VND1,920 per kWh from today, May 4, after they had been kept unchanged for four years. According to a decision recently signed by the CEO of the Vietnam Electricity Group (EVN), the average selling price of electricity will increase from

Image: Renewable energy investors concerned about electricity pricing mechanism

Renewable energy investors concerned about electricity pricing mechanism

HCMC – Investors of transitional solar and wind power plants have written to the prime minister expressing concerns that the electricity pricing mechanism would cause possible disruptions of their financial plans. Due to the severe impact of Covid-19, 84 renewable energy projects with a total

Image: EVN’s proposed electricity price hike under consideration

EVN’s proposed electricity price hike under consideration

HCMC – The Ministry of Industry and Trade has been gathering feedback on a proposal of Vietnam Electricity Group (EVN) for increasing electricity prices. A spike in electricity prices will be weighed carefully, Deputy Minister of Industry and Trade Do Thang Hai said at a press conference on