The Electricity of Vietnam (EVN)’s Northern Power Corporation (EVNNPC) has reported that its commercial power output picked up 12.02% year-on-year to 13.9 billion kWh in the first two months of 2024.
Hanoi (VNA) - The Electricity of Vietnam (EVN)’s Northern Power Corporation (EVNNPC) has reported that its commercial power output picked up 12.02% year-on-year to 13.9 billion kWh in the first two months of 2024.
Of the total amount, 61.98% was supplied for the construction industry, up 14.15% percent against the same time last year, while 30.91% and 2.75%, were provided for consumption-management, and trade-service, rising 7.97% and 15.12%, respectively.
The proportion of customers who paid the power bills without using cash by the end of February reached 87.52%, with revenue through non-cash payment channels reaching 96.94%. Additionally, 100% procedures for electric service are provided online at level 4.
The corporation has identified its most important political task as ensuring safe and stable electricity supply in 2024, especially in summer.
The corporation, along with its member units within the Electricity of Vietnam (EVN), will jointly implement activities in March to respond to the Earth Hour campaign in 2024.
🅠 Notably, a “lights off” event for one hour in response to the Earth Hour 2024 will take place from 8:30 pm to 9:30 pm on March 23./.
Vietnam Electricity (EVN) and its National Power Transmission Corporation (EVNNPT) on January 18 simultaneously began the construction of various 500kV circuit-3 transmission lines in the provinces of Ha Tinh, Nghe An, Thanh Hoa, and Thai Binh.
The National Power Transmission Corporation (EVNNPT) on January 26 signed credit contracts worth over 15.6 trillion VND (634 million USD) with five banks to implement projects to build the 500kV circuit 3 transmission line section from Quang Trach to Pho Noi.
Prime Minister Pham Minh Chinh inspected the project to build a 500kV electric transmission line from Quang Trach district of the central province of Quang Binh to Pho Noi of northern Hung Yen province, and presented Tet gifts to workers at the site.
In an effort to address financial challenges faced by Vietnam Electricity (EVN), the Ministry of Industry and Trade (MoIT) has put forth a proposal to increase electricity prices in 2024.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
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.
Illustrative image (Photo: VNA) 
