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energy

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.
Construction material firms raise prices as energy costs surge

Construction material firms raise prices as energy costs surge

The VACC has urged the Government to introduce support measures, warning that volatility in fuel and material prices is directly affecting contractors, particularly those involved in transport infrastructure projects that consume large volumes of fuel and bulk materials.
PM seeks to accelerate construction of strategic oil reserve near one of the countrys biggest refineries

PM seeks to accelerate construction of strategic oil reserve near one of the country's biggest refineries

Việt Nam would continue working with relevant countries and partners to secure stable crude oil inputs for the refinery, while promoting solutions to facilitate the transportation of petroleum products through the Strait of Hormuz to Việt Nam, including crude supply...
Việt Nam shields economy from oil shocks

Việt Nam shields economy from oil shocks

Việt Nam’s swift and coordinated policy response, from flexible fuel price management to efforts to diversify supply sources, has highlighted the country’s capacity for strategic adaptation in an increasingly volatile global economic landscape.
Building a competitive power market to secure Việt Nams energy future

Building a competitive power market to secure Việt Nam’s energy future

In an interview with Việt Nam News, Hồ Đình Thám, resident adviser to the Electricity Authority of Vietnam under the Ministry of Industry and Trade, discusses global energy trends, the country’s progress in building a competitive power market and the...
Govt promotes renewable energy to meet JETP Declaration

Gov’t promotes renewable energy to meet JETP Declaration

Việt Nam will strive to increase the proportion of renewable energy sources to approximately 47 per cent of the country’s total electricity capacity by 2030.
Politburo issues conclusion on ensuring fuel supply and price stability

Politburo issues conclusion on ensuring fuel supply and price stability

The document follows a review of fuel price developments linked to conflicts in the Middle East and other regions.
Govt leader orders sufficient energy supplies for production, business, consumption

Gov't leader orders sufficient energy supplies for production, business, consumption

A range of fuel price support measures has been applied, including the use of the petrol price stabilisation fund and adjustments to taxes and fees. As a result, domestic fuel prices are currently lower than in most countries in the...
Ministry approves revised national energy plan to boost energy security

Ministry approves revised national energy plan to boost energy security

The revision calls for more efficient use of domestic resources alongside imports and balanced development across the energy system, including electricity, oil and gas, coal and renewables.
Petrol supplies still ensure production and consumption in coming months: PM

Petrol supplies still ensure production and consumption in coming months: PM

The Government has issued a resolution outlining 10 key solutions, promoted energy diplomacy and directed increased exploitation of oil, gas and coal resources, while regulating hyower reservoirs to support electricity generation.
Oil and gas sell-off drags VN-Index down nearly 0.8 per cent

Oil and gas sell-off drags VN-Index down nearly 0.8 per cent

Oil and gas stocks tumbled as selling pressure pushed Việt Nam’s benchmark index lower.
Hà Nội moves to curb fuel hoarding after rush at petrol stations

Hà Nội moves to curb fuel hoarding after rush at petrol stations

City officials say the recent rush to petrol stations was driven largely by public anxiety rather than any real supply shortage, as regulators move to stabilise the market.
GE Vernova to invest 200m in Việt Nam transformer plant to support power demand

GE Vernova to invest $200m in Việt Nam transformer plant to support power demand

The Hải Phòng facility will be developed in phases, with full operations expected by 2028, subject to regulatory approvals.
Cà Mau eyes 10b agro-industrial and energy complex

Cà Mau eyes $10b agro-industrial and energy complex

Once fully operational, the complex is expected to about 100,000 jobs.
PV GAS moves to secure LNG, LPG supply amid Middle East tensions

PV GAS moves to secure LNG, LPG supply amid Middle East tensions

PV GAS said it has proactively arranged three LNG import cargoes for the first half of 2026 to maintain stable supply for power generation and industrial production.