EVN is worried that Vietnam will have to buy LNG at high prices, putting pressure on electricity prices
Electricity of Vietnam said that imported LNG gas is 1.5 times higher than domestic gas, making EVN's electricity production price higher than the output (retail) price. This fact affects the purchasing and generating costs of EVN.
Vietnamese businesses need more electricity to recover production
Struggling to get orders in the general situation of "hungry orders, lack of capital", businesses are now afraid of not delivering on time because of a lack of electricity. Thus, Vietnamese businesses need more electricity to recover production.
New Initiatives to Expand the U.S.-ASEAN Strategic Partnership
These efforts build on the more than $3.5 billion the United States has invested in supporting public health in ASEAN over the past 20 years.
Fitch Assigns Vietnam's Dat Xanh Group's Proposed Notes 'B' Rating
DXG's rating reflects the company's expanding market position as a residential property developer in southern Vietnam and its status as the country's largest real-estate brokerage.
U.S. energy giant to pull out of northern coal-fired power plant
U.S. energy company AES will sell its entire stake in a coal-fired power plant in northern Vietnam to a consortium led by a U.S.-based investor.
Solar power boom poses a distribution challenge
The increasing solar power capacity has made it difficult for national utility Vietnam Electricity (EVN) to ensure stable power distribution nationwide.