State utility to halt payment for rooftop solar projects with incomplete legal documents
Southern Power Corporation (EVNSPC), a unit of state utility Vietnam Electricity, will pause the payment for rooftop solar power projects with incomplete legal documents from April 1, the firm announced early this week.
EVNSPC added that it will suspend contracts and disconnect the projects from the grid from June 30 unless requested files are provided. The firm asked investors to deliver these files by March 31.

A rooftop solar power system on top a warehouse in Dak Lak province, Vietnam's Central Highlands. Photo courtesy of Voice of Vietnam newspaper.
Besides, any projects and systems not meeting conditions to enjoy the government's incentives will be disconnected from the grid and see electricity sales suspended until EVN clarifies the issues, EVNSPC noted.
The government's incentives for rooftop solar power projects are stipulated per the Prime Minister's Decision 13/2020. This decision expired on December 31, 2020 and EVN only approved projects, which had already entered commercial operation by that date, until further instructions are available.
In 2022, 53,910 rooftop solar power customers in 21 southern cities and provinces provided 6,621 million kWh to the grid monthly, according to EVNSPC.
The installation capacity of rooftop solar power as of February 15 was estimated at 7,660 megawatts, or 9.65% of the total of all power sources, according to EVN National Load Dispatch Center.
The rooftop solar power sector in Vietnam is facing many legal loopholes. Due to the instability of solar power, rooftop solar power systems have to connect to the national grid to ensure stable operation. However, the legal framework on connecting rooftop solar power systems to the grid under EVN managment is not yet available.
Furthermore, loose control of rooftop solar power can negatively affect the national load in terms of utilizing different power sources, EVN complained in a report sent to the Prime Minister last year.
The utility added that the number of projects with incomplete documents is only a minor part of all rooftop solar projects.
- Read More
PVI Insurance: Brand positioning through internal strength, trust, and innovation
For the second consecutive year, PVI Insurance Corporation has been honored as the leader in the “Top 10 Most Reputable Non-Life Insurance Companies in Vietnam 2025,” organized by Vietnam Report in collaboration with online newspaper VietNamNet.
Companies - Mon, August 4, 2025 | 5:34 pm GMT+7
S. Korean firm LGES eyes electric motorbike manufacturing in northern Vietnam
The Seoul-based LG Energy Solution (LGES) plans to invest in an electric motorbike manufacturing plant and charging stations in the northern province of Phu Tho with official development assistance (ODA) funding, said its senior manager Lee Jin Woo.
Investing - Mon, August 4, 2025 | 5:04 pm GMT+7
Carlsberg Vietnam's journey of sustainable growth and lasting commitment with central Vietnam
In 2025, Carlsberg Vietnam, along with its beloved Huda brand, celebrates seven years of a promise that continues to flow strong, “Fresh Water for Beloved Central”.
Companies - Mon, August 4, 2025 | 2:36 pm GMT+7
Vingroup's hospitality arm records $9.82 mln in H1 profit
Vinpearl Joint Stock Company's revenue and after-tax profit hit VND5,912 billion ($225.84 million) and VND257 billion ($9.82 million), respectively, in H1/2025, completing 42.2% and 15% of the year's targets.
Companies - Mon, August 4, 2025 | 2:19 pm GMT+7
Vietnam, Singapore launch green e-commerce platform
A new green e-commerce platform, Vietnamsgp.arobid.com, has been launched in Singapore, aiming to connect 20,000 businesses from both countries and promote sustainable digital trade.
Economy - Mon, August 4, 2025 | 1:16 pm GMT+7
Central Vietnam province Khanh Hoa receives many major urban area projects in H1
Vietnam’s south-central province of Khanh Hoa attracted 61 private investment projects with total registered capital of approximately VND388.9 trillion ($15 billion) in the first half of 2025.
Industries - Mon, August 4, 2025 | 12:34 pm GMT+7
Vietnam’s largest container fleet operator Hai An logs highest quarterly profit in 11 years
Hai An Transport and Stevedoring JSC, the owner of Vietnam’s largest container fleet, posted over VND414 billion ($15.8 million) in after-tax profit in Q2/2025, up 227% year-on-year, marking its highest quarterly profit since 2014.
Companies - Mon, August 4, 2025 | 8:46 am GMT+7
Malaysia’s Capital A eyes investing in aviation industrial complex in central Vietnam
Capital A, the parent company of Malaysian budget airline AirAsia, is exploring investment opportunities in an aviation industrial complex in Quang Tri, a province in central Vietnam, through a potential partnership with local conglomerate T&T Group.
Infrastructure - Mon, August 4, 2025 | 7:05 am GMT+7
46% of Vietnamese businesses struggle to attract talent: study
A recent study by Anphabe, a leading HR consulting firm in Vietnam, showed that 46% of Vietnamese businesses face challenges in attracting talent with the right skill sets, often due to cultural barriers and a fear of innovation.
Companies - Sun, August 3, 2025 | 11:42 pm GMT+7
HCMC aims to establish battery recycling center, join global green supply chain: chairman
Ho Chi Minh City is planning to establish an electric vehicle battery recycling center - positioning itself as a crucial link in the global green economy supply chain, said Chairman of the municipal People’s Committee, Nguyen Van Duoc.
Economy - Sun, August 3, 2025 | 11:23 pm GMT+7
Vietnam greenlights expansion of North-South Expressway’s eastern wing via PPP model
The Vietnamese government has approved the expansion of the eastern wing of the North-South Expressway using the public-private partnership (PPP) model, according to a statement from the Government Office.
Infrastructure - Sun, August 3, 2025 | 12:11 pm GMT+7
Vingroup chairman injects $687 mln into EV maker VinFast in Q2
Billionaire Pham Nhat Vuong, chairman of Vietnamese conglomerate Vingroup, poured VND18 trillion ($686.5 million) into the group’s EV subsidiary VinFast in the second quarter of 2025, raising the total in the first half to VND23 trillion.
Companies - Sun, August 3, 2025 | 10:57 am GMT+7
Vietnam to launch int’l financial center in HCMC, Danang by late 2025
Vietnam is set to put its first international financial center (IFC), located in both Ho Chi Minh City and Danang, into operation by the end of this year.
Finance - Sun, August 3, 2025 | 9:27 am GMT+7
Former Techcombank exec appointed CEO of technology major One Mount Group
Phung Quang Hung, former deputy CEO of Techcombank, has been appointed CEO of One Mount Group, a technology ecosystem in Vietnam.
Companies - Sun, August 3, 2025 | 8:00 am GMT+7
Consumer finance major F88 to trade on Vietnam's unlisted public companies market next Friday
F88 Investment JSC (F88), a leading consumer finance company in Vietnam, will float its over 8.26 million shares on the Unlisted Public Companies Market (UPCoM) on August 8, with a reference price of VND634,900 ($24.2) apiece.
Finance - Sat, August 2, 2025 | 11:14 pm GMT+7
Vietnam's manufacturing sector returns to growth after 4 months as new orders rise
Despite further export weakness due to U.S. tariffs, the Vietnamese manufacturing sector returned to growth in July as a renewed expansion in new orders supported a faster rise in production, according to S&P Global.
Economy - Sat, August 2, 2025 | 3:07 pm GMT+7