Ensuring stable supply of electricity for businesses in major industrial parks is an important task for the power sector and particularly the National Power Transmission Corporation of the Electricity of Vietnam (EVNNPT) to attract more foreign investors in Vietnam.
Vietnam ensures power supply for businesses (Photo: VNA)
Hanoi (VNA) – Ensuring stable supplyof electricity for businesses in major industrial parks is an important task forthe power sector and particularly the National Power Transmission Corporationof the Electricity of Vietnam (EVNNPT) to attract more foreign investors inVietnam.
Recently, Director General of Samsung DisplayVietnam Kweon Yuong Chan sent thank-you letters to Vietnam’s Ministry ofIndustry and Trade, EVNNPT, Power Transmission Company N01 and Northern VietnamPower Projects Management Board for their efforts to ensure safety whileproviding electricity for businesses at Yen Phong industrial park in the northernprovince of Bac Ninh.
According to the Provincial CompetitivenessIndex (PCI) 2017 announced by the Vietnam Chamber of Commerce and Industry, 74percent of enterprises said they were satisfied with the provision ofelectricity. The proportion in the previous year was 69 percent.
Vietnam has attracted a lot of foreign directinvestment (FDI) in recent years, resulting in high demand for electricity atindustrial parks. In the first quarter of 2018, the disbursement of FDIprojects was estimated at 5.8 billion USD.
In the northern region, Bac Ninh with dozens ofindustrial parks has become the most attractive foreign investment destination.The Samsung Complex in the province includes two companies, namely SamsungElectronics Vietnam and Samsung Display Vietnam, located at Yen Phongindustrial park and consuming the most electricity.
The electricity sector in the central region isalso working to ensure power supply for major projects including the steelproduction project of Hoa Phat company at Dung Quat Economic Zone in Quang Ngaiprovince and the installation of a 220kV power station at Nhon Trach industrialpark in Vung Tau city.-VNA
The National Power Transmission Corporation plans to disburse over 18.1 trillion VND (797.6 million USD) to finish and put into operation 62 projects and start construction of 43 projects in 2018.
The Electricity of Vietnam Group announced that it has completed the repair and upgrade of a clean energy system on Truong Sa, thus promptly serving local people and soldiers as Tet is approaching.
The Electricity of Vietnam (EVN) Group’s Northern Power Corporation (EVNNPC) has reported that its commercial power output in the first quarter of 2018 picked up 14.06 percent year-on-year to more than 13.8 billion kWh.
While the backbone of Vietnam’s electricity remains hydropower, the State-owned Electricity of Vietnam Group (EVN) said power supply will be ensured for the coming dry season.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
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.
Vietnam ensures power supply for businesses (Photo: VNA) 
