Rooftop solar panels can satisfy half of power demand: experts
Solar power systems on the roof of houses in Vietnam can help households reduce 50 percent of their bills for monthly power consumption, contributing to protecting the environment, affirmed experts at a conference in Hanoi on August 22.
Hanoi (VNA)– Solar power systems on the roof of houses in Vietnam can help householdsreduce 50 percent of their bills for monthly power consumption, contributing toprotecting the environment, affirmed experts at a conference in Hanoi on August22 to review one year of implementing documents on developing solar power inVietnam.
A report from theMinistry of Industry and Trade said that after one year realising the PrimeMinister’s Decision 11/2017/QD-TTg on encouraging the expansion of solar power projectsin Vietnam and Circular 16/2017 TT-BCT issued by the Ministry of Industry andTrade on developing the projects and model power purchase contract, 100projects have been added into provincial and national planning.
The projects have atotal capacity of 4.7 GW in 2020 and 1,770 MW after 2020. Of the total, 58 havebeen approved by the ministry, while nine others have complete power tradingcontracts.
As of July 2018, 748 rooftopsolar power projects with a combined capacity of 11.55MWp were developed.
Calculations go thatwith 100 million VND (4,300 USD) spent on six solar panels with a lifetime of20-25 years, each household can save 1.5 million VND (64.5 USD) each month.
Nguy Thi Khanh,Director of Green UD, the coordinator of the Vietnam Sustainable EnergyAlliance, said that a greenhouse programme is underway to encourage theinstallation of solar system on houses’ roof.
Khanh held that solarpower technology is reliable and cheaper than fossil fuel, as well as betterfor both environment and human health.
However, she alsopointed to difficulties facing solar power projects and the installation ofrooftop system, including problems in power prices, regulations in tax andstandards.
A representative fromthe Ministry of Industry and Trade said that after June 2019, the ministry willissue a new solar power price chart applicable for solar power projects, whilethe ministry will propose adjustments to a decision to deal with mattersrelated to tax and special bidding and direct purchase contract policies forsuch projects.-VNA
Three years after beginning a pilot programme to buy solar power at 2,000 VND (8.7 US cents) per kWh generated in homes and offices, Ho Chi Minh City has signed up 290 consumers.
The HCM City Electricity Corporation encourages households to install rooftop solar panels and now there are 475 of them connected to its grid with a total capacity of nearly 5.3MW.
The Vietnam Sustainable Energy Alliance (VSEA) and the Climate Change Working Group (CCWG) kicked off the Vietnam Renewable Energy Week 2018 in Hanoi on August 21.
A workshop on renewable energy development to meet rural electrification targets and energy access was held in Hanoi on August 21 as part of the Vietnam Renewable Energy Week 2018 underway in the country.
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.