The Ministry of Science and Technology has urged the Ministry of Industry and Trade to instruct EVN to implement the guidance on the application of electricity tariffs to data centres consistently nationwide and maintain uninterrupted electricity supplies to data centres.
Việt Nam faces rising risks of power shortages through the end of the decade as electricity demand from data centres, artificial intelligence (AI), semiconductor manufacturing and electrified transport is booming.
Access to stable green energy at reasonable costs is now becoming the decisive factor as green power is directly affecting investment decisions by multinational corporations, the ability to retain export orders and businesses'' participation in global value chains.
The National Power System and Market Operation Company (NSMO) forecasts that nationwide peak demand could approach 100,000-110,000 MW by 2030, almost double current levels.
The ministry has instructed Vietnam Electricity (EVN) and power producers to use the approved price framework when negotiating and signing power purchase agreements (PPAs).
Achieving greater energy independence is becoming increasingly important for Vietnamese businesses as electrification, digital transformation and the global transition towards low-carbon development reshape manufacturing, supply chains and international trade.
Hà Nội’s power sector is accelerating the shift towards a data-driven smart grid, demonstrating how science, technology and digital transformation under Resolution 57 are being applied to modernise critical infrastructure.
The Ministry of Industry and Trade held a technical consultation meeting on May 16 to review and adjust the policy design for the country''s competitive electricity market.
EVN has defended its 2025 profit surge and VNĐ152 trillion ($5.8 billion) in bank deposits, saying the funds are needed for operations, debt repayments and future investments, while accumulated losses remain at the parent company.
A landmark electricity deal marks a new step in Việt Nam’s clean energy transition as a global manufacturer becomes the first to buy renewable power directly from a producer through the national grid.
Deputy Prime Minister Phạm Gia Túc has ordered the acceleration of major power and energy projects to ensure they meet energy security and economic growth targets.
The National Power System and Market Operation Company Limited (NSMO) has proposed applying new electricity peak-hour pricing from June 1, as scorching weather and rising demand put mounting pressure on the grid, particularly in northern Việt Nam.