Solar panels are installed on the roof of a house in the southern province of Long An (Photo: VNA)
Hanoi (VNS/VNA) - Vietnam's total rooftop solar power capacity is expected to reach around 2,000 MW by the end of 2020, according to Vietnam Electricity (EVN).
EVN said more than 4,000 households have installed rooftop solar power systems over the past three months with a total capacity of 200MW. It estimated that an additional 300MW of rooftop solar power will be added by the end of 2019, helping to ensure the nation's power security.
As traditional power sources run out, the development of renewable energy infrastructure, including rooftop solar power, is crucial to providing enough power to Vietnam's growing population.
By the end of June 2019, Vietnam had 89 wind and solar power plants with a combined capacity of 5,038MW, accounting for 9.5 percent of the country’s total power capacity.
It is expected that about 1,000MW of additional renewable energy will be connected to the national grid by the end of 2019, helping to ease power shortages.
EVN Deputy General Director Vo Quang Lam told the recent Vietnam Energy Forum 2019 that developing rooftop solar power helps reduce transmission costs and price pressure as well as increase energy use efficiency.
Vietnam currently applies a price of 9.35 US cents per kWh for rooftop solar power. The Ministry of Industry and Trade has proposed maintaining the price until 2021 to encourage the development of solar power.
Technical solutions have also been introduced to connect rooftop systems to the national grid.
In addition to providing favourable conditions in terms of policies and mechanism, technical solutions have been also implemented to connect solar power to the national grid.
Renewable energy experts said the country’s central and southern regions have big potential to develop for rooftop solar systems with solar radiation of 4.2 to 4.8kWh per sq.m per day.
They added that with supportive policies, the goal of installing 100,000 rooftop solar systems by the end of 2025 would be reachable.-VNS/VNA
As of June 30, as many as 82 solar power plants with a combined capacity of 4,460MW had been connected to the national grid, according to the Vietnam Electricity (EVN) group.
Along with its rapid economic growth, Vietnam’s electricity demand is also increasing strongly, at around 10 percent a year, causing huge pressure on the energy sector, according to the Ministry of Industry and Trade.
The Electricity and Renewable Energy Authority of the Ministry of Industry and Trade launched a programme to boost the development of rooftop solar power in Vietnam.
Households in Vietnam which install rooftop solar power systems by 2021 will receive a maximum of 6 million VND (256 USD) each from the German Government through the German development bank KfW.
A solar power plant invested by Japan’s Fujiwara company was inaugurated in Quy Nhon city in the south central province of Binh Dinh on August 19, with Deputy Prime Minister Truong Hoa Binh in attendance.
The US remained Vietnam’s largest market, accounting for 55% of the country's total wood exports. Key products include wooden furniture, plywood, doors, and handicrafts.
With a clear development strategy, proactive investment attraction and strong policy support for sustainable agriculture, Tay Ninh is positioning itself as a major hub for high-tech livestock farming in the southern region.
As Vietnam’s largest private carrier, Vietjet has been awarded the highest ranking for safety with 7 stars by the world’s only safety and product rating website airlineratings.com and listed as one of the world's 50 best airlines for healthy financing and operations by Airfinance Journal in many consecutive years.
The Vietnam National Petroluem Group (Petrolimex) had acted early to mitigate risks amidst the recent surge in global oil prices driven by the Israel–Iran conflict, Vietnam News Agency cited a Petrolimex representative as saying.
In mid-June, the Vietnam Trade Promotion Agency (VIETRADE) at the Ministry of Industry and Trade (MoIT) in collaboration with Alibaba.com announced a list of 200 outstanding businesses selected to participate in the "Vietnam National Pavilion" in 2025.
Vietnamese seafood processing and export enterprises are in the process of completing procedures and adopting necessary technologies to bring their products into the Halal market.
The PM outlined a dual strategy: revitalising traditional growth engines of investment, exports, and consumption, while accelerating breakthroughs in sci-tech, innovation, digital transformation, and green transition.
The complex, covering a total area of 512 ha, is designed after a multi-functional model, prioritising the preservation of natural landscapes, honouring local beauty, and creating an ideal living area.
He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.
The Ministry of Finance is drafting policies to establish specialised AI and smart industrial parks to raise the technological profile of FDI projects and create spillover effects for local businesses.
Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.
Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.
According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.
This year’s event attracted more than 350 entries from cities and provinces across the country, reflecting growing interest in and commitment to the Fourth Industrial Revolution.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
Solar panels are installed on the roof of a house in the southern province of Long An (Photo: VNA) 
