Pre-tax profit of 18 SOEs above expectations
HCMC – Over VND39.2 trillion in pre-tax profit was earned by 18 of the 19 enterprises under the Commission for the Management of State Capital at Enterprises, representing 117% of the figure last year and exceeding 73% of the year’s plan. The total revenue of 19 enterprises and corporations is
EVN’s losses estimated at VND31.3 trillion in 2022
HCMC – Vietnam Electricity Group (EVN) could rack up an estimated loss of around VND31,360 billion this year due to volatile global fuel prices and rising costs of generating and buying electricity. If EVN kept operating under the plan approved by the Ministry of Industry and Trade at the
Vietnam to cut 2021 renewable energy output
Vietnam plans to reduce its renewable energy output by 1.3 billion kilowatt hours (kWh) this year, with transmission capacity unable to handle the supply.
Vietnam to launch competitive retail electricity market in 2023
Vietnam Electricity will conduct price marketization to encourage investment in electricity industry and follow the State-regulated market mechanism.
EVN lauded for ensuring power supply
Deputy Prime Minister Trinh Dinh Dung on January 12 lauded the Vietnam Electricity (EVN) for its efforts in ensuring electricity supply for socio-economic development, as well as daily activities.
Solar power boom poses a distribution challenge
The increasing solar power capacity has made it difficult for national utility Vietnam Electricity (EVN) to ensure stable power distribution nationwide.
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