Vietnamese people still hesitant to embrace solar power: association

By Lan Do
Tue, December 24, 2024 | 9:11 am GMT+7

Household electricity in Vietnam remains partially subsidized by the government, and low electricity consumption means the benefits of solar power are unclear to many, according to Nguyen Xuan Quy, vice president of the Vietnam Clean Energy Association (VCEA).

Trungnam Tra Vinh solar power plant in Tra Vinh province, southern Vietnam. Photo courtesy of the company.

Trungnam Tra Vinh solar power plant in Tra Vinh province, southern Vietnam. Photo courtesy of the company.

"Electricity prices are low and partially supported by the government, making it difficult for people to see the advantages of solar power," Quy stated at a scientific conference on inverter technologies for rooftop solar power in Ho Chi Minh City last Sunday.

Despite Vietnam’s significant potential for solar energy, along with favorable natural conditions and clear policies, solar adoption has been limited. "People are still hesitant and not bold enough to explore solar power," he noted.

Quy expressed hope for a more vibrant solar power market, where households with solar systems can sell excess electricity to the grid and buy power when needed. "This benefits both the country and families," he said.

"We work with them to demonstrate the benefits of investing in solar power. For businesses that invest, we provide support in securing capital, design, and construction. The payback period is relatively short, about five years. After that, they own the system outright, with no additional costs, and can benefit from it long-term,” said Quy.

Nguyen Xuan Quy, vice president of the Vietnam Clean Energy Association (VCEA). Photo courtesy of the association.

Nguyen Xuan Quy, vice president of the Vietnam Clean Energy Association (VCEA). Photo courtesy of the association.

According to the Vietnam Clean Energy Association, the current status of household solar power installation in Vietnam has many shortcomings that pose potential risks of unsafety and fire and explosion, affecting investment efficiency and causing economic losses to people.

Inverters are important devices in solar power systems, with the function of converting direct current from solar panels into alternating current for household use. Using inverters of unknown origin and without explosion-proof functions can cause electrical short circuits and explosions, especially in harsh weather conditions, according to the association.

Poor-quality electrical wires that do not meet technical standards can be overloaded, causing melting, electrical short circuits, and even fires.

Solar power installation requires high technical and professional skills. Choosing an unreliable and inexperienced contractor can lead to inefficient system operation, unsafety, low lifespan, and even failure to be connected to the national grid.

Energy storage batteries (ESS) are an important component in the solar power system, helping to store excess electricity for use when needed. However, poor-quality ESS batteries of unknown origin pose a very high risk of fire and explosion due to unsafe internal components.

According to the association, installing household solar power without ensuring quality can cause fire and explosion, causing damage to people and property; the system operates inefficiently and does not meet the demand for electricity.

Quy added that to ensure safety and efficiency when installing household solar power, people need to choose equipment with clear origin, good quality, certified safety, and selection.

They also need to choose reputable construction units with experience and a team of well-trained technicians. People should ask the construction unit to provide complete design documents, product quality certificates, and system warranties.

Comments (0)
  • Read More
Singapore's YCH Group eyes developing logistics center in southern Vietnam economic zone

Singapore's YCH Group eyes developing logistics center in southern Vietnam economic zone

Tay Ninh province has pledged full support to Singapore’s YCH Group in developing a logistics center within its Moc Bai Border Gate Economic Zone.

Industries - Sat, July 12, 2025 | 1:48 pm GMT+7

Vietnam PM asks US firms to sustain support for 'reasonable, detailed tariff pact'

Vietnam PM asks US firms to sustain support for 'reasonable, detailed tariff pact'

Prime Minister Pham Minh Chinh has called on U.S. businesses to continue supporting the Vietnamese government in dialogues with U.S. agencies to soon reach "a reasonable, detailed tariff agreement for individual products and product groups".

Economy - Sat, July 12, 2025 | 11:32 am GMT+7

Mergers of Vietnamese provinces unlock new property development opportunities

Mergers of Vietnamese provinces unlock new property development opportunities

The merging of Vietnamese localities is expected to create a strong "boost" for the real estate market as expanded planning space, synchronized infrastructure, and new land reserves are key factors driving the market's transformation.

Real Estate - Sat, July 12, 2025 | 11:00 am GMT+7

Measures proposed for Thailand to minimize US tariff impacts

Measures proposed for Thailand to minimize US tariff impacts

Financial and banking experts in Thailand have warned that the U.S.'s proposed 36% tariff on Thai goods is likely to severely undermine Thailand's export competitiveness.

Southeast Asia - Sat, July 12, 2025 | 9:06 am GMT+7

Chinese construction major PCG eyes $383 mln underwater tunnel project in northern Vietnam

Chinese construction major PCG eyes $383 mln underwater tunnel project in northern Vietnam

Pacific Construction Group (PCG), one of China’s leading construction firms, has expressed interest in developing a VND10 trillion ($383 million) underwater road tunnel in Quang Ninh, a coastal province in northern Vietnam.

Infrastructure - Sat, July 12, 2025 | 8:04 am GMT+7

Vingroup stocks pull VN-Index up for sixth consecutive session

Vingroup stocks pull VN-Index up for sixth consecutive session

VN-Index, which represents the Ho Chi Minh Stock Exchange, on Friday increased for the sixth consecutive session thanks to large-cap stocks, with foreign investors continuing to strongly net buy.

Finance - Fri, July 11, 2025 | 7:20 pm GMT+7

Coca-Cola inaugurates largest-scale Vietnam factory in Tay Ninh province

Coca-Cola inaugurates largest-scale Vietnam factory in Tay Ninh province

Coca-Cola Beverages Vietnam on Friday inaugurated a $136 million factory in Tay Ninh province, the largest-scale among its four facilities in Vietnam.

Industries - Fri, July 11, 2025 | 5:27 pm GMT+7

Vietnam halts use of German ODA loans for HCMC metro line

Vietnam halts use of German ODA loans for HCMC metro line

The Government has approved a proposal by Ho Chi Minh City to stop borrowing official development assistance (ODA) loans from Germany’s KfW development bank for Metro Line No. 2 and instead use domestic funds to avoid further delays.

Economy - Fri, July 11, 2025 | 3:25 pm GMT+7

Seventeen housing projects foreigners allowed to buy in HCMC

Seventeen housing projects foreigners allowed to buy in HCMC

Ho Chi Minh City has announced a list of 17 residential projects located in areas where foreign organizations and individuals are allowed to own houses.

Real Estate - Fri, July 11, 2025 | 3:17 pm GMT+7

Auto enterprises to enjoy preferential import tariff policies

Auto enterprises to enjoy preferential import tariff policies

The Government has issued a decree amending and supplementing Decree No. 26/2023/ND-CP on the export and preferential import tariff schedules, as well as the lists of goods subject to absolute tax, mixed tax, and out-of-quota import duties.

Companies - Fri, July 11, 2025 | 2:13 pm GMT+7

Korean chaebol Samsung’s revenue makes up 13% of Vietnam’s GDP in 2024

Korean chaebol Samsung’s revenue makes up 13% of Vietnam’s GDP in 2024

Samsung’s revenue and export in Vietnam accounted for approximately 13.12% of the country’s GDP and 13.4% of its total export turnover in 2024, respectively, according to the National Statistics Office.

Companies - Fri, July 11, 2025 | 2:09 pm GMT+7

JPMorgan upgrades Vietnam stocks to overweight following US tariff deal

JPMorgan upgrades Vietnam stocks to overweight following US tariff deal

JPMorgan Chase has upgraded Vietnam stocks to overweight after the country became the first Southeast Asian nation to reach a preliminary tariff deal with the U.S.

Economy - Fri, July 11, 2025 | 11:38 am GMT+7

Vietnam government bond issuance surges nearly 70% in June

Vietnam government bond issuance surges nearly 70% in June

The Hanoi Stock Exchange (HNX) held 16 government bond auctions in June, raising nearly VND30.5 trillion ($1.2 billion), up 68.8% from May.

Finance - Fri, July 11, 2025 | 9:30 am GMT+7

Xuan Truong Company asked to make feasibility study for airport proposal in northern Vietnam

Xuan Truong Company asked to make feasibility study for airport proposal in northern Vietnam

The Ministry of Construction has asked Ninh Binh authorities to prepare a feasibility study on the potential development of an international airport in the province, the ministry said in a report submitted to the Government regarding a proposal from private construction company Xuan Truong.

Companies - Fri, July 11, 2025 | 9:18 am GMT+7

Vietnam-US tariff agreement: A strategic turning point toward deeper integration

Vietnam-US tariff agreement: A strategic turning point toward deeper integration

The tariff agreement between Vietnam and the U.S. marks not only a trade or diplomatic breakthrough but also reflects a long-term strategic vision, bold foreign policy, and Vietnam’s commitment to deep global integration, writes Nguyen Tuan Viet, an export promotion expert and CEO of Vietgo.

Opinion - Fri, July 11, 2025 | 9:00 am GMT+7

Apple supplier Luxshare enjoys 0% corporate income tax in central Vietnam province

Apple supplier Luxshare enjoys 0% corporate income tax in central Vietnam province

China’s Luxshare-ICT, a key supplier to Apple, reported that its subsidiaries in Vietnam’s central province of Nghe An enjoyed a 0% corporate income tax last year.

Companies - Fri, July 11, 2025 | 8:00 am GMT+7