EVNNPT: A decade of efficient foreign assistance use

EVNNPT: A decade of efficient foreign assistance use

(VEN) - Within only 10 years of its founding, the National Power Transmission Corporation (EVNNPT) has built a modern power transmission system, contributing greatly to the country’s socioeconomic development. This success is attributed to the corporation’s efficient use of official development assistance (ODA).
Germany provides EUR5 million for Vietnam’s smart grids

Germany provides EUR5 million for Vietnam’s smart grids

Deputy Prime Minister Pham Binh Minh has approved a project in which Germany will provide EUR5 million to help Vietnam develop smart grids for renewable energy and energy efficiency.
EVN gains Fitch’s positive credit rating for first time

EVN gains Fitch’s positive credit rating for first time

Fitch Ratings (Fitch) gave the Electricity of Vietnam (EVN) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of “BB” with a stable outlook.
Ngành thép Việt Nam trước nhiều áp lực- Bài 1: Dư thừa nguồn cung, thiếu hụt năng lượng

Ngành thép Việt Nam trước nhiều áp lực- Bài 1: Dư thừa nguồn cung, thiếu hụt năng lượng

Tổng sản lượng thép các loại sản xuất trong nước đã vượt xa nhu cầu thị trường; lượng thép nhập khẩu liên tục tăng; các doanh nghiệp nước ngoài có xu hướng đẩy mạnh đầu tư nhà máy sản xuất thép tại Việt Nam; tình trạng thiếu hụt điện năng nghiêm trọng, nhất là tại khu vực các tỉnh phía Nam … là những khó khăn mà các doanh nghiệp thép Việt Nam phải đối mặt, dẫn đến cạnh tranh ngày càng khốc liệt.
Crafting industry promotion in Nghe An Province

Crafting industry promotion in Nghe An Province

(VEN) - Industry promotion programs have contributed greatly to craft villages’ production and sales in Nghe An Province.
EVN’s electricity production rises 10.5 percent in five months

EVN’s electricity production rises 10.5 percent in five months

The State-run Electricity of Vietnam (EVN) Group produced 74.42 billion kWh of electricity in the first five months of 2018, an increase of 10.5 percent from a year earlier. 
Vietnam businesses attend manufacturing expo in Japan

Vietnam businesses attend manufacturing expo in Japan

Thirty-two Vietnamese businesses operating in fields of mechanical manufacturing and supporting industries have participated in the 22nd Mechanical Components & Materials Technology Expo (M-Tech 2018) that opened in Tokyo, Japan, on June 20. 
Remote controlled substations improve labor productivity

Remote controlled substations improve labor productivity

(VEN) - The Power Transmission Company 1 (PTC1) under the National Power Transmission Corporation (EVNNPT) is launching 14 remote control centers and unmanned substations this year in order to improve its transmission network management and operational capabilities.
PetroVietnam contributes US$1.79 bln to State budget in five months

PetroVietnam contributes US$1.79 bln to State budget in five months

The National Oil and Gas Group (PetroVietnam) has contributed 40.8 trillion VND (US$1.79 billion) to the State budget in the first five months of 2018, exceeding the plan by 32 percent and representing 55 percent of the yearly target.
Ninh Thuan province licenses nine solar energy projects

Ninh Thuan province licenses nine solar energy projects

The south central coastal province of Ninh Thuan has granted investment licenses to nine solar power projects with a total capacity of nearly 500 megawatts.
Nghi Son refinery rolls out fuel of EURO 4 standards

Nghi Son refinery rolls out fuel of EURO 4 standards

Nghi Son Refinery and Petrochemicals LLC (NSRP) has successfully produced several types of fuel products that meet the EURO 4 emission standards, contributing to hastening the enforcement of regulations on gas emission standards applied on vehicles in Vietnam, said NSRP General Director Dinh Van Ngoc.
Border communes in Dak Nong connected to national grid

Border communes in Dak Nong connected to national grid

Almost 95 percent from Thuan Ha and Thuan Hanh border communes in Dak Song district, the Central Highland province of Dak Nong, have accessed electricity thanks to a local power project in 2014-2020 period.
Thai Binh seeks market for rural industrial products

Thai Binh seeks market for rural industrial products

(VEN) - Four products and sets of products made in the Red River Delta province of Thai Binh have won recognition as notable national rural industrial products in 2017, entitling their producers to benefit from production and trade promotion policies. However, the beneficiaries say they face many difficulties, the biggest one of which is market access.
6,500-DWT oil tanker delivered to RoK ship owner

6,500-DWT oil tanker delivered to RoK ship owner

The Hai Phong-based Pha Rung Shipyard Company delivered the 6,500-DWT oil tanker "YN YEOSU" to BS Tankers and Yantec from the Republic of Korea (RoK) on May 31.
Electrification of rural areas makes stride over past decade

Electrification of rural areas makes stride over past decade

The implementation of synchronous measures to improve the power supply system has brought a facelift to Vietnamese rural areas, with 99.98 percent of communes nationwide and 98.83 percent of households accessing electricity as of 2017. 
EVN generates hope for socioeconomic development

EVN generates hope for socioeconomic development

(VEN) - Historical records of the power sector show that in 1954, when French forces left Vietnam, the physical infrastructure in the north consisted of five power plants with total capacity not exceeding 31.5MW and total power output of about 53 million kWh a year. By 1975, these figures stood at 451MW and 1,264 billion kWh a year, respectively. The power system was mainly used for industrial production and important services in big cities.
Siam Cement acquires 100 percent stake in petrochemical project

Siam Cement acquires 100 percent stake in petrochemical project

Siam Cement Public Company Limited (SCG) signed an agreement with Vietnam Oil and Gas Group (PetroVietnam) to acquire the latter’s equity stake in Long Son Petrochemical Co. Ltd.
Vietnam’s 500kV transmission line listed as critical to national security

Vietnam’s 500kV transmission line listed as critical to national security

The 500kV power transmission network, which runs through 42 provinces and cities throughout Vietnam, has been classed as a critical project to national security by the Prime Minister.
Work starts on Gelex Ninh Thuan solar farm

Work starts on Gelex Ninh Thuan solar farm

The construction of the Gelex Ninh Thuan solar farm project with a capacity of 50 MWp kicked off in Phuoc Dinh commune of Thuan Nam district in the south central province of Ninh Thuan on June 4.
Support industries urged to improve competitiveness

Support industries urged to improve competitiveness

(VEN) - The growing demand for support industry products is offering major development opportunities for domestic enterprises. Vietnamese companies must therefore increase their competitive capacity to be able to enter global supply chains, experts said at a recent seminar in Ho Chi Minh City.
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