The Electricity of Vietnam (EVN) led the power market in 2015 by supplying 23,580 MW or 60.8 percent of the country’s total power output of 38,800 MW, up 1.8-fold from 2010.
Electricity sector fares well in 2015. (Photo: VNA)
Hanoi (VNA) - The Electricity of Vietnam (EVN) led the 𒀰power market in 2015 by supplying 23,580 MW or 60.8 percent of the country’s tot♓al power output of 38,800 MW, up 1.8-fold from 2010.
The State-run group generated and purchased 668.5 million MW from 2011-2015 at an average growth of 10.37 percent per year.
Retail electricity output rose by 10.84 percent annually over the past five years to total 587.5 million MW, 1.85 times higher than the GDP growth rate in the same period.
According to EVN National Power Transmission Corporation (EVN NPT), the firm has mobilised more than 14 trillion VND (624 million USD) in funding for 44 projects in the reviewed year, including about 6.43 trillion VND (286 million USD) from overseas investors.
The figure has brought the total funds for its investment in over 200 projects over the last five years up to approximately 77.2 trillion VND (3.4 billion USD), 55 percent of which were sourced from foreign investment.
It earned more than 14.5 trillion VND (647 million USD) in revenue, up 34.7 percent from 2014, and 315 billion VND (14 million USD) in profit as targeted.-VNA
As many as 900 communes have yet to hand over their low-voltage grids to the Electricity of Vietnam (EVN) corporation, even though the deadline for the transfer is the end of this year.
The electricity supplied for production in the first 11 months of 2015 reached nearly 61.73 billion kWh, a year-on-year rise of 8.78 percent, according to the Electricity of Vietnam (EVN).
The HCM City Power Corporation (EVN HCMC) under the Electricity of Vietnam has supplied a total electricity output of 88.4 billion kWh during 2011-2015.
The Southern Power Corporation of the Electricity of Vietnam (EVN SPC) has so far supplied electricity for nearly 30,500 households in the island districts of Phu Quy, Con Dao, Phu Quoc and Kien Hai.
The Electricity of Vietnam (EVN) should continue playing a crucial role in supplying adequate electricity for the economy while taking the lead in the development of new and renewable energy sources.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Electricity sector fares well in 2015. (Photo: VNA)
