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electricity

Việt Nam under pressure to scale up battery storage to support renewable growth

Việt Nam under pressure to scale up battery storage to support renewable growth

Việt Nam is under pressure to position battery energy storage systems (BESS) as strategic energy infrastructure, as fast-growing renewable capacity highlights grid stability challenges and opens up a multi-billion-dollar market for domestic firms.
Việt Nam must improve DPPA, energy storage framework to accelerate green transition

Việt Nam must improve DPPA, energy storage framework to accelerate green transition

Organised by the Vietnam Chamber of Commerce and Industry (VCCI) and Diễn Đàn Doanh Nghiệp (Business Forum) magazine, the event gathered policymakers and industry representatives to discuss how to accelerate renewable energy adoption and ensure stable power supply.
EVN ramps up measures to ensure stable power supply during peak dry season

EVN ramps up measures to ensure stable power supply during peak dry season

Vietnam Electricity (EVN) is stepping up measures to secure power supply for the coming dry season, as rising demand and global uncertainties put pressure on the energy system.
POSCO to invest over 400 million in battery materials plant in Thái Nguyên

POSCO to invest over $400 million in battery materials plant in Thái Nguyên

POSCO Future M, a subsidiary of the Republic of Korea’s POSCO Group, has ed Sông Công II Industrial Park in the northern province of Thái Nguyên to build its first large-scale battery materials plant in Việt Nam, according to Viglacera...
Electricity consumption reached 1 billion kWh, even ahead of peak dry season

Electricity consumption reached 1 billion kWh, even ahead of peak dry season

NSMO urged stronger efforts to promote energy-saving and more efficient electricity use, particularly as the 2026 dry season peak is expected from late April through August.
Điện Biên Province approves investment of three power projects

Điện Biên Province approves investment of three power projects

The plants include the Điện Biên No.1 Solar Power Plant, the Envision Nậm Pồ Wind Power Plant and the Lê Bâu No.3 Hyower Plant.
EVN signs contract for electromechanical equipment supply package for the expanded Trị An hydropower project

EVN signs contract for electromechanical equipment supply package for the expanded Trị An hydropower project

The implementation period for the package is 26 months, ensuring completion of the project by the fourth quarter of next year.
Kim Long Motor partners with BYD to build EV battery plant in Huế

Kim Long Motor partners with BYD to build EV battery plant in Huế

Kim Long Motor Hue JSC (Kim Long Motor) on January 27 signed a strategic partnership with BYD Battery, a global leader in batteries and new energy vehicles, and kicked off construction of a BYD battery manufacturing plant in its Huế...
PM issues directive to ensure power supply in 2026–30, focusing on speeding up major projects

PM issues directive to ensure power supply in 2026–30, focusing on speeding up major projects

In 2026 as rising power demand and weather risks continue to strain the power system, the focus must be on removing bottlenecks for operations of the power system and the electricity market while accelerating power projects to ensure they come...
EVN signs loan agreement for LNG Quảng Trạch II Project with Big Four banks

EVN signs loan agreement for LNG Quảng Trạch II Project with Big Four banks

The total value of the signed credit facility amounts to VNĐ29.57 trillion (US$1.14 billion).
EVN launches major power projects

EVN launches major power projects

Việt Nam Electricity (EVN) on Friday launched and inaugurated a series of major power projects in a coordinated nationwide infrastructure push to mark the upcoming 14th National Congress of the Communist Party.
Việt Nam to allow electricity users to choose suppliers from 2027

Việt Nam to allow electricity users to choose suppliers from 2027

Eligible electricity users will have the right to choose their power suppliers from 2027, with retail prices to be determined through direct negotiations rather than the fixed tariffs, according to a proposal from the Ministry of Industry and Trade.
Việt Nam to increase electricity imports from Laos, China

Việt Nam to increase electricity imports from Laos, China

Việt Nam plans to import 9,360 – 12,1000 MW from Laos and China in the next five years, more than five times higher than the current levels, to meet the increasing power demand, especially in the northern region, as the...
MoIT revises power generation pricing rules

MoIT revises power generation pricing rules

The revised pricing methodology details how investment costs, discount rates, loan interest, and capital structure are determined, with clearer data sources and legal bases to improve transparency and implementation.
Policy gaps stall Việt Nams push for battery storage

Policy gaps stall Việt Nam’s push for battery storage

BESS is no longer viewed as auxiliary equipment but as a core component of the clean-energy ecosystem. The technology enables the storage of renewable electricity, stabilises grid frequency, eases transmission congestion and smooths peak and off-peak loads.