Hai Phong city’s 220kV substation, transmission line ready for energization
The investor-level appraisal council of National Power Transmission Corporation (EVNNPT), a subsidiary of state utility Vietnam Electricity (EVN), on Tuesday agreed that the Gia Loc 220kV substation and its transmission line in Gia Loc commune, the northern city of Hai Phong meets the conditions for energization.
Hoang Van Tuyen, deputy CEO of EVNNPT and chairman of the investor-level appraisal council, presides over the meeting. Photo courtesy of EVNNPT.
Attending the meeting were Le Van Cuong, deputy head of the EVNNPT Investment and Construction Management Board and standing member of the council; council members; representatives from EVNNPT's professional departments; leaders of the Northern Power Project Management Board (NPMB), and representatives of other units involved in the project.
An overview of the Gia Loc 220kV substation and transmission line. Photo courtesy of EVNNPT.
The project is invested by EVNNPT, managed and operated by NPMB, and will be handed over to Power Transmission Company No.1 for operation.
This is a Grade-I, Group B energy industrial project. The substation is located in the former Gia Khanh commune, Gia Loc district, Hai Duong province (now Gia Loc commune, Hai Phong city). The 220kV transmission line passes through Gia Loc commune, Gia Phuc commune, and Thach Khoi ward, Hai Phong city.
The project includes the construction of the Gia Loc 220/110/22kV substation with three 220/110/22kV-250 MVA transformers. In this phase, two transformers are installed.
On the 220kV side, the substation is designed with 16 bays in a double busbar and ring bus configuration. In this phase, equipment is installed for eight bays, with space reserved for eight additional bays.
On the 110kV side, it includes 24 bays with a segmented double busbar and ring bus configuration. This phase installs equipment for 14 bays, reserving positions for 10 additional bays.
The 35kV side connects to the local grid for auxiliary power supply.
The control, protection, metering, communication, and SCADA systems are equipped in accordance with the regulations of EVN, EVNNPT, the electrical equipment regulations, and current legal standards.
The 220kV double-circuit line is constructed from the Gia Loc 220kV substation, interconnecting with the Hai Duong-Pho Noi 220kV transmission line. The line has a total length of approximately 5.37 km.
In his conclusion, Hoang Van Tuyen, deputy CEO of EVNNPT, acknowledged and highly appreciated the efforts of NPMB, the EVNNPT Investment and Construction Management Board, and all participating units for overcoming challenges to complete the project.
The AT1 transformer at the Gia Loc 220kV substation. Photo courtesy of EVNNPT.
He emphasized that this is a key project to ensure power supply for the loads in Hai Phong city, meeting the economic and social development needs of Hai Phong and surrounding areas.
The project will also reduce the load on existing 220/110kV transformers in the Hai Phong region and nearby provinces, contribute to meeting the N-1 reliability criterion, and enhance the safety and reliability of the regional power grid.
Accordingly, the EVNNPT leadership requested NPMB and relevant EVNNPT departments to coordinate with dispatching levels to schedule outages and complete energization within October 2025.
A corner of the Gia Loc 220kV substation. Photo courtesy of EVNNPT.
Based on the conclusions and proposals from the internal appraisal council and feedback from relevant parties, the investor-level appraisal council has agreed to accept the project to proceed with necessary final procedures to prepare for energization in the near future.
- Read More
Japan’s Nishi-Nippon Railroad plans to build 22,000 homes in Vietnam by 2035
Japan’s Nishi-Nippon Railroad, widely known as Nishitetsu, plans to develop 22,000 housing units in Vietnam by 2035 via a partnership with local developer Nam Long Investment Corporation (HoSE: NLG).
Real Estate - Tue, May 5, 2026 | 9:49 pm GMT+7
Vietnam's tech unicorn VNG books record quarterly profit since 2022 listing
Vietnam’s tech unicorn VNG (UPCoM: VNZ) reported its highest quarterly profit since going public in 2022, as growth across core business segments and tighter cost controls lifted earnings in Q1/2026.
Companies - Tue, May 5, 2026 | 4:01 pm GMT+7
Dragon Capital Vietnam posts best quarterly profit in 3 years
Dragon Capital Vietnam (UPCoM: DCV) reported its strongest quarterly earnings in three years, driven by robust growth in investment advisory and asset management activities.
Companies - Tue, May 5, 2026 | 3:44 pm GMT+7
Petrolimex profit confusion rattles investors amid disclosure delay
Petrolimex, Vietnam's biggest gasoline retailer by market share, has come under scrutiny after delays and conflicting signals around its Q1/2026 earnings triggered sharp swings in its shares, highlighting risks for investors amid information gaps.
Companies - Tue, May 5, 2026 | 3:24 pm GMT+7
Intel shifts data center chip production line to Vietnam
Intel is relocating a production line for data center chips from Costa Rica to its Vietnam facility, reinforcing the Southeast Asian country’s role in the giant's global supply chain.
Industries - Tue, May 5, 2026 | 1:01 pm GMT+7
PVS Q1 profit rises 45%, warranty provisions surge
PetroVietnam Technical Services Corporation or PTSC (HNX: PVS), a subsidiary of state-owned Petrovietnam, reported a 45% increase in Q1 net profit for 2026, supported by the handover of several large projects, though a sharp rise in warranty provisions weighed on margin expansion.
Companies - Tue, May 5, 2026 | 11:42 am GMT+7
‘Vegetarian-fed pork’ brand owner BAF posts record quarterly profit
BAF Vietnam Agriculture JSC, known for its “vegetarian-fed pork” brand, reported a record net profit of VND206 billion ($7.82 million) in the first quarter of 2026, marking its highest quarterly earnings on record.
Companies - Tue, May 5, 2026 | 8:17 am GMT+7
Petrovietnam shipyard arm's pre-tax profit surges over 10-fold
Petrovietnam Marine Shipyard JSC (PV Shipyard), a subsidiary of state-owned giant Petrovietnam, reported a strong first quarter of 2026, with revenue rising sharply and pre-tax profit increasing more than 10-fold year-on-year.
Companies - Mon, May 4, 2026 | 3:49 pm GMT+7
Petrovietnam, Samsung Heavy Industries sign cooperation deal
Petrovietnam and Samsung Heavy Industries have signed an MoU to establish a cooperation framework in shipbuilding, energy industry, and related sectors.
Companies - Mon, May 4, 2026 | 2:11 pm GMT+7
Imprisoned entrepreneur, spouse hold over 6.3% stake in Vietnam private lender ACB
The combined stake held by imprisoned businessman Nguyen Duc Kien and his spouse in the Asia Commercial Bank (ACB) is valued at nearly VND7.62 trillion ($289.23 million), based on the ACB market price of VND23,500 ($0.89) per share last Wednesday.
Banking - Mon, May 4, 2026 | 1:10 pm GMT+7
Vietnam manufacturing purchasing managers' index drops to 7-month low in April
Vietnamese manufacturers recorded a drop in new orders in April as inflationary pressures hit 15-year highs amid increased costs for fuel and oil in particular, according to S&P Global.
Economy - Mon, May 4, 2026 | 12:08 pm GMT+7
Vietnam bank profits diverge in Q1, favoring large lenders
The Vietnamese banking sector’s profits in Q1/2026 showed a clear divergence, with growth seen among large lenders with strong capital and asset quality while smaller banks facing mounting pressure from rising funding costs and credit risks.
Banking - Mon, May 4, 2026 | 10:51 am GMT+7
Gelex invests $304 mln in Gia Binh airport project
Gelex Group has invested VND8 trillion ($303.54 million) in a company developing the Gia Binh International Airport in northern Vietnam, driving a sharp increase in its investments in associates in the first quarter of 2026.
Companies - Mon, May 4, 2026 | 8:07 am GMT+7
PV Drilling profit accelerates, Brunei bottleneck persists
Petrovietnam subsidiary PV Drilling reported strong earnings growth in the first quarter of 2026 on the back of a recovery in the oil and gas market, but continued to face profitability challenges in Brunei, a market with sizable assets that has yet to deliver commensurate returns.
Companies - Mon, May 4, 2026 | 8:00 am GMT+7
Vietnam’s auto industry paradox: Fast growth, but localization remains 'near zero'
Vietnam’s automobile market expanded rapidly in 2025, yet localization rates - particularly for passenger cars - remain stubbornly low, highlighting a structural gap in the industry’s development.
Economy - Sun, May 3, 2026 | 3:17 pm GMT+7
China’s retail giant Meiyijia enters Southeast Asia with first stores in Vietnam, Malaysia
China’s largest convenience store chain Meiyijia has made its first move into Southeast Asia with initial outlets in Vietnam and Malaysia under a new brand, signaling intensifying competition in the region’s fast-growing retail market.
Companies - Sun, May 3, 2026 | 8:07 am GMT+7




















