Transmission projects worth $585 mln to ease northern Vietnam power shortages

Transmission projects worth $585 mln to ease northern Vietnam power shortages

The Vietnamese government has approved plans to build two 500-kilovolt transmission grids worth a combined VND14.23 trillion ($585 million) to ease power shortages in the northern region.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam expects excess electricity through year-end

Vietnam expects excess electricity through year-end

In contrast to the severe power shortages seen in May and June that affected mainly the northern region, Vietnam will have enough or even excess electricity in the last two months of 2023, according to the National Load Dispatch Center (A0).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Intel did not call off expansion in Vietnam due to power shortage: association chairman

Intel did not call off expansion in Vietnam due to power shortage: association chairman

The argument that Intel had called off its $1 billion investment plan to expand chip production in Vietnam due to lack of electricity and cumbersome administrative procedures is unfounded, said Prof. Nguyen Mai, chairman of Vietnam’s Association of Foreign Invested Enterprises (VAFIE).

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Power shortages unallowable in any case: PM Chinh

Power shortages unallowable in any case: PM Chinh

Vietnamese Prime Minister Pham Minh Chinh has instructed government agencies not to allow a repetition of power shortages under any circumstances in the year ahead.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

No power cuts until year-end: deputy minister

No power cuts until year-end: deputy minister

There will be no shortage of electricity for production and daily life in Vietnam until the end of this year, Deputy Minister of Industry and Trade Do Thang Hai said Tuesday.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Economic growth could add to power shortage severity: legislator

Economic growth could add to power shortage severity: legislator

Power shortages in Vietnam could become more severe if economic growth recovers to 6-7%, said Vu Hong Thanh, Chairman of the National Assembly’s Economic Committee.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7