electricity

Power sector must not let electricity shortage happen as the country aspires for double-digit growth

The 500kV transmission line spans a total length of 519km, comprising 1,177 towers, with a total investment of over VNĐ22.3 trillion (approx. US$878 million) and plays a vital role in ensuring stable power systems and enhancing electricity supply for northern Việt Nam in 2024 and beyond.

Society – Economy

PM urges stable electricity supply amid rising demand
PM Chính noted that the country’s electricity demand is expected to increase by around 2,200 MW by 2025, but with specific measures in place, no major shortages are anticipated.
MoIT approves price framework to purchase electricity from Laos
The Ministry of Industry and Trade (MoIT) has issued a decision approving a price framework for electricity imports from Laos starting from December 31, 2025.

Efforts exerted to complete transmission line carrying electricity from Laos
Efforts have been made to finish the 220kV Nam Sum – Nong Cong transmission line project in October to facilitate electricity imports from Laos to Vietnam to meet the rising demand in northern provinces.
Nearly 700,000 customers still without electricity
Due to the impact of strong winds and post-storm circulation, many power lines and distribution substations in northern provinces and cities experienced failures.
Sơn La focuses on restoring electricity to people after floods
A total of 149 households in Chiềng Nơi Commune, Mai Sơn District, the northern mountainous province of Sơn La have regained power thanks to the ingenuity of engineers using bamboo poles.
Ministry requests local authorities to supervise direct electricity trading
The Ministry of Industry and Trade has recently sent a document to local authorities and the Vietnam Electricity (EVN) proposing implementing a direct power purchase agreement (DPPA) mechanism.

EVN reports record loss despite electricity price increases
Although electricity prices were increased twice in 2023, Vietnam Electricity (EVN) reported an after-tax loss of VND26.77 trillion (US$1.053 billion) on high electricity production costs, according to its audited financial report.
500kV circuit 3 transmission line enters final phase
The project aims to reduce the risk of overloading for the existing 500kV lines, especially when transmitting high amount via the north – operating as a central interface at times when hydroelectric power plants generate low power, ensuring electricity supply for the region in the years to come.
International exhibition of electricity and energy industry kicks off in Hanoi
The 2024 International Exhibition of Electricity and Energy Industry Vietnam (ENE Vietnam) 2024 opened on May 16 in Hanoi, drawing the participation of more than 100 local and foreign businesses.

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