Minister of Industry and Trade Tran Tuan Anh has urged the General Directorate of Energy to swiftly outline measures to save energy in line with the Law on Using Energy Economically and Effectively.
Hanoi (VNA) – Minister of Industry and Trade Tran Tuan Anh has urged the General Directorate of Energy to swiftly outline measures to💮 save energy in line with the Law on Using Energy Economically and Effectively and the Government’s guidelines.
Speaking at a teleconference among Hanoi, Da Nang and Ho Chi Minh City on May 6, the minister underlined the necessity to promote administrative reform in the field, aiming to facilitate businesses’ production and business activities.
Regarding rural electricity projects, the minister required the General Directorate of Energy to direct the Electricity of Vietnam (EVN) to work with sponsors as early as possible, aiming to build capital plans for the projects.
EVN needs to inspect the implementation of key power projects and plants, before rolling out electricity supply plans in the dry season this year and in following years, he stressed.
Special attention should be paid to ensuring the strict implementation of the State’s policies and law on environmental protection in developing projects, he added.
He also admitted his responsibility related to the recent damage to power poles along the 500KW transmission line in the northern province of Bac Giang, saying that a working group was formed to inspect and assess the incident, thus giving solutions to the problem.
The minister requested relevant agencies to examine the safety on the whole line, especially in analysing the effect of El Nino and other natural impacts on the case.
According to EVN General Director Dang Hoang An, power production continues stable growth and the national power system is being operated safely, supplying enough electricity for socio-economic activities and daily use in localities nationwide.
EVN reported that around 53.1 billion kWh of electricity was generated in the first four month of this year, representing a year-on-year increase of 12.1 percent.
In April alone, the national power system produced 14.5 billion kWh, including 13.6 billion kWh of commercial power, up 12.1 percent and 13.4 percent, respectively, against the same period last year.-VNA
Hanoi targets to cut its energy consumption by 2-3 percent this year compared to the demand forecast, in pursuit of the goal of decreasing the energy-to-GDP elasticity to 0.95 percent by 2020.
Vietnam saved nearly 12 billion kilowatt-hours (kWh) of electricity in the last five years following the implementation of various programmes on energy efficiency.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
EVN workers inspect power safety (Source: VNA)
