The Ministry of Industry and Trade has urged the Electricity of Vietnam (EVN) and investors of transitional solar and wind plants to negotiate and agree to fix electricity prices before March 31.
At yesterday’s Vietnam Development Bridge Forum 2023 taking place in Da Nang City, representatives of localities recognized that they would not rely on natural resources but switch to sustainable green growth.
Renewable energy investors have just submitted a recommendation to the Prime Minister regarding the rectification of shortcomings in the process of building and promulgating a price mechanism for power generation for transitional power plants.
Deputy Prime Minister Tran Hong Ha pledged maximum support for Marubeni Corporation to shift its projects using new and modern technology to Vietnam, while receiving a leader of the Japanese firm in Hanoi on March 10.
Indonesia aims to export natural gas to Vietnam starting 2026 from the Tuna offshore block located near the Indonesian and Vietnamese maritime border, according to Indonesian Minister of Energy and Mineral Resources Arifin Tasrif.
The British Embassy in Hanoi has just cooperated with Vietnam Electricity and the National Power Transmission Corporation (EVNNPT) to host the seminar series ‘Experience Sharing from the UK on effectively Operating and Managing the National Electricity Grid’.
The Department of Industry and Trade of Quang Tri Province, on November 22, said that there were 12 wind power projects in the province with a total capacity of 454MW. However, only two projects had completed construction and installation, while the remaining projects were behind schedule.
Compared to the time adopting Resolution No. 10-NQ/TW by the Politburo on January 18, 2022 on maintaining the stability of political security in the border areas, Resolution No.23 of the Government this time leans more on attracting investments for economic growth of the Central Highlands. This is the comment of Deputy Minister of Planning and Investment Tran Duy Dong in the interview conducted by Sai Gon Giai Phong (SGGP) Newspaper.
Many wind power projects in Central, Central Highlands, and Mekong Delta provinces cannot sell electricity because they are finished behind schedule, so they are suffering debts of trillions of Vietnamese dong.
Responding to the Government's policy of encouraging the development of solar power, many businesses across the country have invested in solar power. Ironically, many investors now have to worry about debts piling up.
Vietnam has striven for 33 percent of renewable energy sources by 2030 according to the government’s National Strategy on Climate Change for the period to 2050.
Mr. Nguyen Van Nen, Politburo Member, Secretary of the Ho Chi Minh City Party Committee, on the morning of September 4, had a meeting with Mr. John Kerry, the US Special Presidential Envoy for Climate on the occasion of his working visit to HCMC.
The Office of the People's Committee of Quang Tri Province, on August 3, said that the leaders of the People's Committee of Quang Tri Province had sent a document to the Prime Minister and the Ministry of Industry and Trade requesting consideration and supplementation of the offshore wind power plant project on Con Co Island into the National Power Development Planning VIII.
Prime Minister Pham Minh Chinh has called on the Republic of Korea (RoK)’s enterprises to increase investment in Vietnam and boost connectivity with local firms so that Vietnam can soon become a hub in regional and global value chains.
