Vietnam's power transmission system remains secure following typhoon Kajiki
Vietnam’s national power transmission system has remained safe and stable after typhoon Kajiki, the fifth hitting the East Sea this year, thanks to swift and proactive responses from the National Power Transmission Corporation (EVNNPT), a member of state utility Vietnam Electricity (EVN).
The affected transmission lines were promptly restored and re-energized.
EVNNPT general director Pham Le Phu inspects the drainage pump system at the 220kV Vinh Substation in Nghe An province, central Vietnam, following typhoon Kajiki. Photo courtesy of EVNNPT.
Ahead of the storm, EVNNPT deployed two response teams to the projected storm center and issued three emergency dispatches, directing its subsidiaries to urgently implement preparedness and emergency response measures in accordance with guidance from the Ministry of Industry and Trade, EVN, and EVNNPT itself.
The corporation instructed all units to closely monitor weather updates and forecasts, proactively take preventive measures, and fully implement directives posted on the Security Management Information System (SMIS) platform. Non-essential operations were suspended so that resources could be focused on storm response and post-storm recovery efforts.
Information systems used for command and control during natural disasters were kept running continuously and reliably. Communication channels were tested and contingency plans prepared in case of transmission disruptions.
Transmission line operators from the Nghe An Power Transmission Team conduct corridor inspections after typhoon Kajiki on the morning of August 26, 2025. Photo courtesy of EVNNPT.
The Power Transmission Companies No. 1 and 2 (PTC1 and PTC2) maintained around-the-clock duty shifts, adjusted according to storm developments. They also developed response scenarios and implemented strict safety protocols to protect personnel, equipment, and assets, especially at substations located within storm-affected zones.
At substations at risk of flooding, specific operating and safety plans were enacted to ensure quick response capabilities. Diesel generators were checked for operational readiness and fuel reserves secured. Backup Alternating Current (AC) and Direct Current (DC) power systems, particularly battery charging and discharging units, were inspected to ensure consistent performance in all conditions.
Vegetation near transmission corridors was trimmed, drainage systems cleared, and erosion-prone areas reinforced. Additional warnings were issued for landslide and flood risks near substations and transmission lines running through mountainous or riverside areas with known vulnerabilities.
Nguyen Sy Thang, head of the Nghe An Power Transmission Team, said that with the central province of Nghe An identified as the storm's epicenter, all precautionary measures were implemented as directed by authorities. “Fortunately, after the storm passed, the power transmission system remained intact, ensuring safe, stable, and continuous electricity transmission,” he noted.
On August 25, 2025, EVNNPT’s leaders are on-site in the storm’s epicenter to directly oversee emergency response efforts. Photo courtesy of EVNNPT.
Immediately following the storm, EVNNPT’s leadership requested all units to deploy inspection teams to assess damage. In case of disruption, response teams are to act swiftly following the “four-on-the-spot” principle (on-site command, on-site forces, on-site logistics, and on-site materials) to restore power safely and quickly.
EVNNPT emphasized that the typhoon’s aftermath, particularly its lingering circulation, could bring further heavy rainfall. Units are therefore required to maintain a high level of readiness and continue applying the “four-on-the-spot” approach to ensure the safe and stable operation of the national transmission system.
- Read More
Vietnam Rubber Group plans capital hikes for listed subsidiaries as earnings climb
Vietnam Rubber Group (HoSE: GVR) plans to raise capital at several of its listed subsidiaries, starting with Phuoc Hoa Rubber, as the state-controlled giant seeks to strengthen its subsidiaries while benefiting from high rubber prices and expanding industrial park operations.
Companies - Wed, June 17, 2026 | 8:14 pm GMT+7
Vinhomes to cease land bank expansion in Vietnam, focus on capitalizing on existing projects
Vietnam’s largest listed property developer Vinhomes, a subsidiary of Vingroup (HoSE: VIC), will stop acquiring new land in the domestic market, shifting its focus toward developing its existing portfolio and extracting greater value from projects already under its control, chairman Pham Thieu Hoa said.
Companies - Wed, June 17, 2026 | 5:19 pm GMT+7
State-controlled machinery firm VEAM announces highest dividend payout in 4 years, stock listing still on hold
Vietnam Engine and Agricultural Machinery Corporation (VEAM) plans to pay more than VND6.96 trillion ($264.46 million) in dividends for 2025 at a payout ratio of 52.4%, its record high in four years, while its long-delayed stock exchange listing remains on hold due to unresolved legacy issues.
Companies - Wed, June 17, 2026 | 3:30 pm GMT+7
Aeon Mall Vietnam achieves double-digit growth in 2025, accelerates network expansion
Japan’s retail giant Aeon Mall continued to record strong growth in Vietnam last year while accelerating the expansion of its network in Danang, Thanh Hoa, Quang Ninh, and several other localities across the country.
Economy - Wed, June 17, 2026 | 2:53 pm GMT+7
Palm City project enters new development phase as Palm River subdivision launched
Nam Rach Chiec Company Limited, together with Huong Viet Properties, recently held the Palm City Urban Area kick-off ceremony and officially launched the Palm River subdivision, marking the beginning of a new development phase for the 30.2-hectare urban township in Ho Chi Minh City.
Real Estate - Wed, June 17, 2026 | 11:27 am GMT+7
Petrovietnam's assets top $44.8 bln in 2025, profit jumps 39%
Petrovietnam ended 2025 with total assets exceeding VND1,178 trillion ($44.8 billion), up nearly VND100 trillion ($3.8 billion) from a year earlier, while reporting a 39% increase in net profit and maintaining one of the country's largest cash positions.
Companies - Wed, June 17, 2026 | 8:00 am GMT+7
Coteccons dismisses concerns over executive departure, competition from Vingroup's arm
Vietnam's leading contractor Coteccons (HoSE: CTD) said a recent change in senior management was unrelated to the company's share price performance, as executives highlighted record order backlog and accelerating earnings growth amid a recovery in Vietnam's construction industry.
Companies - Tue, June 16, 2026 | 5:26 pm GMT+7
VinaCapital lists 2 strategic ETFs as Vietnam fund market broadens
Vietnam’s leading investment management firm VinaCapital has listed two strategic exchange-traded funds (ETFs) on the Ho Chi Minh City Stock Exchange, expanding investment options for investors seeking targeted exposure to Vietnam's long-term economic growth themes.
Finance - Tue, June 16, 2026 | 4:39 pm GMT+7
Oil & gas industry gives Vietnam edge in offshore wind supply chain: Global Wind Energy Council CEO
Vietnam is well positioned to play a significant role in the offshore wind power supply chain thanks to its established manufacturing base and expertise developed through its oil & gas industry and existing wind power projects, according to Ben Backwell, CEO of the Global Wind Energy Council (GWEC).
Energy - Tue, June 16, 2026 | 4:31 pm GMT+7
Vietnam banking, retail, oil stocks well placed for market recovery: brokerages
Vietnamese banking, retail and oil-gas stocks are among the sectors best positioned to benefit from a potential market recovery after months of pressure from geopolitical tensions and macroeconomic headwinds, according to local brokerages.
Finance - Tue, June 16, 2026 | 1:04 pm GMT+7
Petrovietnam, Huawei discuss cooperation in digital transformation, AI, energy technologies
State-owned Petrovietnam and China's Huawei Technologies discussed potential cooperation in digital transformation, artificial intelligence and digital energy infrastructure during a meeting last week, as the Vietnamese giant seeks to modernize its operations and expand into new energy sectors.
Companies - Tue, June 16, 2026 | 12:20 pm GMT+7
Over 38% of Vietnamese businesses still face informal costs despite reforms: survey
More than 38% of businesses in Vietnam still pay informal charges, highlighting persistent gaps between regulatory reforms and their implementation, according to a survey by the Vietnam Chamber of Commerce and Industry (VCCI).
Economy - Tue, June 16, 2026 | 11:26 am GMT+7
China ready to expand railway, power connectivity with Vietnam: PM
China is prepared to strengthen railway cooperation and enhance power grid connectivity with Vietnam, thereby expanding logistics corridors, trade links, and energy cooperation, said Chinese Premier Li Qiang during a phone talk with his Vietnamese counterpart Le Minh Hung on Monday.
Economy - Tue, June 16, 2026 | 8:52 am GMT+7
VN-Index approaches 1,800-point mark as easing Middle East tensions lift sentiment
Vietnam's benchmark VN-Index edged closer to the 1,800-point threshold on Monday as improving sentiment over easing tensions in the Middle East boosted risk appetite, driving gains in brokerage stocks while oil and Vingroup-related stocks weighed on the market.
Finance - Mon, June 15, 2026 | 8:34 pm GMT+7
Japanese products dominate Vietnamese consumer trust, but younger shoppers rewriting rules
Japanese products continue to enjoy the highest level of trust among Vietnamese consumers, reinforcing the country’s position as the benchmark for quality and reliability in one of Southeast Asia’s fastest-growing consumer markets, according to a new survey by market research firm Q&Me.
Economy - Mon, June 15, 2026 | 6:48 pm GMT+7
VinEnergo ramps up renewable energy push with 4 new subsidiaries
VinEnergo, the energy arm of Vietnamese conglomerate Vingroup, has accelerated its expansion into the power sector, establishing four new subsidiaries within a week as it builds a growing portfolio of renewable energy and infrastructure projects across Vietnam.
Companies - Mon, June 15, 2026 | 4:52 pm GMT+7




















