EVN workers install new breakers in Yen Vien Commune, Gia Lam District in Hanoi. (Photo: VNA)
Electricity of Vietnam (EVN) expects that maximum daily electrical capacity will remain below the available grid power throughout October.
The country is expected to consume up to 24,790 MW per day in October, while the national grid is capable of providing between 28,000 and 29,080 MW. As such, domestic electricity consumption will be secure with sufficient backup.
Due to extreme weather caused by El Nino, most reservoirs have recorded low water levels. By the end of September, total water volume across all reservoirs fell 22 billion cubic metres below last year’s level.
EVN has set goals for effective use of hydropower plants and water storage facilities. It has also planned preventive and safety measures in response to the upcoming stormy season.
Despite growing electricity consumption in most categories during theܫ past nine months, Vietnam managed to save more than 2.3 billion kWh.-VNA
The Electricity of Vietnam (EVN), National Oil and Gas Group (PetroVietnam) and National Coal-Mineral Industries Corporation (TKV) should work harder towards a competitive power generation market.
The EVN also implemented measures to ensure the safety of reservoirs, hydroelectric power plants and the delta area during the flood season and prepare equipment and materials for incidents.
The Electricity of Vietnam (EVN) will reduce installation times for customers to access the medium-voltage transmission network from 18 to 10 business days.
The new power tariffs will not raise prices for households while increasing revenue for the sector, an official of the Electricity of Vietnam (EVN) said.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
The Prime Minister emphasised the significance of maintaining macroeconomic stability, controlling inflation, promoting growth, and improving the harmony between monetary and fiscal policies.