State utility EVN asked to propose more transmission lines from Laos
State utility Vietnam Electricity (EVN) should propose new transmission lines from Laos to Vietnam to increase electricity imports from the neighboring country, said Minister of Industry and Trade Nguyen Hong Dien.
At a Saturday meeting, the minister also required EVN to submit to the government the price mechanism for electricity imported from Laos in the first quarter of 2024.
“This will supplement power supplies for northern Vietnam, especially during the peak dry season, where there are no new large power projects set to be put into operation until 2025,” he said.

State utility Vietnam Electricity (EVN) leaders inspect the construction of a transmission line project from Laos to Vietnam. Photo courtesy of EVN.
Currently, electricity imported from Laos is transmitted through 220 kV lines. At the end of September 2023, EVN poured more than VND1.1 trillion ($45.46 million) into the 45-kilometer 500 kV Monsoon-Thanh My line (section on Vietnamese territory) to transmit electricity from Laos to Vietnam. Also that month, the group proposed the Ministry of Industry and Trade allow the acceleration of electricity imports from Laos.
Under the newly approved Power Development Plan VIII and the Vietnam-Laos cooperation agreement signed in 2019, Vietnam will buy 3,000 MW of electricity from Laos by 2025 and about 5,000 MW by 2030. The import volume could increase to 8,000 MW if conditions allow.
The Prime Minister has signed off for six power plants to import electricity from Laos, with a total capacity of 449 MW, Dien added.
Vietnam imports electricity from Laos due to competitive prices compared to some domestic sources. For example, the price of electricity purchased from Lao hydroelectric plants is about 6.95 U.S cents per kWh, 2-30% lower than domestic sources.
In first the 11 months of 2023, Vietnam imported nearly 4 billion kWh from Laos and China, accounting for 1.5% of the entire system's output.
- Read More
Emerging trends in Vietnam's real estate market
Analysts from Indochina Strategic, the real estate advisory arm of Indochina Capital (ICC), offer an insight into 10 emerging trends shaping Vietnam’s real estate M&A market in 2025.
Real Estate - Fri, September 19, 2025 | 4:58 pm GMT+7
Quang Ngai Sugar JSC expands power-sugar complex in central Vietnam
Gia Lai province's authorities have allowed Quang Ngai Sugar Joint Stock Company (UPCoM: QNS) to raise the capacity of its An Khe Biomass Power Plant project from 95 MW to 135 MW.
Energy - Fri, September 19, 2025 | 4:06 pm GMT+7
Lotte to 'terminate' Eco Smart City project in HCMC
Lotte Properties HCMC Co., Ltd. has sent a document to Ho Chi Minh City's Department of Finance announcing the termination of its $900 million Lotte Eco Smart City project in the Thu Thiem New Urban Area.
Real Estate - Fri, September 19, 2025 | 11:11 am GMT+7
Mining giant Vinacomin proposes coal processing, warehouse project in central Vietnam
State-owned Vinacomin, also called TKV, has proposed adjusting the Southeast Quang Tri Economic Zone planning to accommodate its VND800 billion ($30.32 million) coal processing and warehouse project.
Industries - Fri, September 19, 2025 | 8:31 am GMT+7
Vietnam, Russia eye setting up joint venture for maritime transport route
Vietnam and Russia are studying establishing a joint venture operator of a maritime transport route, underscoring their shared commitment to deepening cooperation in shipbuilding, logistics, and maritime infrastructure.
Companies - Thu, September 18, 2025 | 9:31 pm GMT+7
Coteccons consortium wins Long Thanh Airport contract worth $128 mln
HANTA2, a consortium of Coteccons Construction JSC, Hanoi Construction Corporation – JSC and ATAD Steel Structure Corporation, has won the bid for a construction package worth VND3.38 trillion ($128 million) at Long Thanh International Airport.
Companies - Thu, September 18, 2025 | 9:22 pm GMT+7
Vietnam PM orders full disbursement of public investment in 2025
Prime Minister Pham Minh Chinh has requested ministries, central agencies, and localities to ensure 100% disbursement of public investment capital in 2025.
Companies - Thu, September 18, 2025 | 9:18 pm GMT+7
EU, Indonesia to sign trade deal next week
The European Union and Indonesia have finalized a trade agreement that is expected to be signed on September 23.
Southeast Asia - Thu, September 18, 2025 | 9:06 pm GMT+7
The first project at VSIP Can Tho industrial park licensed
Can Tho city's export processing and industrial zones authorities have granted an investment registration certificate for the $100 million Bestway Can Tho sports technology plant project in Vinh Trinh commune.
Industries - Thu, September 18, 2025 | 9:04 pm GMT+7
Lego Manufacturing Vietnam signs direct power purchase agreement with VSIP
Lego Manufacturing Vietnam has signed a Direct Power Purchase Agreement (DPPA) with Vietnam-Singapore Industrial Park (VSIP) as part of the company's ambition to operate its new factory, which opened in April 2025, on 100% renewable energy.
Industries - Thu, September 18, 2025 | 4:07 pm GMT+7
Con Vanh golf course in northern Vietnam to debut in 2028
Huy Hoang Urban Development and Investment JSC aims to put its VND2,156 billion ($81.75 million) Con Vanh golf course project in Hung Yen province into operation in early 2028.
Real Estate - Thu, September 18, 2025 | 3:21 pm GMT+7
No new grade B office supply in HCMC’s CBD until 2028: Knight Frank
No new Grade B office supply is entering Ho Chi Minh City's central business district (CBD), marking a significant shift in the market as developers are forced to build affordable office space further afield, said Knight Frank Vietnam.
Real Estate - Thu, September 18, 2025 | 1:42 pm GMT+7
What are expectations for Vietnam's stock market from Fed rate cut?
The Federal Reserve's interest rate cut is expected to support Vietnam's effort to have its stock market status upgraded by FTSE Russell from "frontier" to "secondary emerging" and attract foreign capital after the strong net selling momentum in recent times.
Economy - Thu, September 18, 2025 | 12:33 pm GMT+7
UOB's latest USD/VND forecast is 26,300 in Q4/2025, 26,200 in Q1/2026
Singaporean bank UOB predicted that the USD/VND exchange rate will be on a decline in the coming quarters to 26,300 in Q4/2025, 26,200 in Q1/2026, 26,100 in Q2/2026, and 26,000 in Q3/2026.
Economy - Thu, September 18, 2025 | 9:07 am GMT+7
Agribank - A Strategic gateway for Vietnam’s carbon credits to global market
Carbon credits are emerging as a valuable form of “green asset.” However, to unlock their full potential and turn it into tangible value, Vietnamese businesses require strong financial backing, technical expertise, and market linkages.
Companies - Thu, September 18, 2025 | 9:05 am GMT+7
Care For Vietnam joins ASEAN forum, signs MoU in New Zealand
Care For Vietnam (CFVN) had the honor to be the only Vietnamese enterprise invited to share insights at the "ASEAN Forum 2025: 50 Years + $50 Billion" held at ANZ Centre in Auckland, New Zealand on August 28.
Companies - Thu, September 18, 2025 | 9:00 am GMT+7