Evn

The government requests no power price hike to serve the recovery plans.

Vietnam's sole power distributor Vietnam Electricity (EVN) said it will ensure electricity supply to quarantine facilities and Covid-19 treatment centers.

The consortium will execute the contract package in four years, using ultra-supercritical technology.

The Vietnam Electricity warned that the prolonged burning weather might lead to local grid failure.

As industry leaders, state enterprises are responsible for forming value chains and promoting innovation in their respective sectors by mobilizing the participation of enterprises from various economic components.

It is one of the national key projects in the energy sector.

Vietnam Electricity will conduct price marketization to encourage investment in electricity industry and follow the State-regulated market mechanism.

In a market-based economy, all economic actors compete fairly with each other, while state-owned enterprises (SOEs) are independent and accountable for their own performance, Deputy Prime Minister Truong Hoa Binh has said.

Mobifone, Electricity Vietnam (EVN), and Viettel, three state-owned enterprises (SOEs) that represent three economic sectors of telecommunication, energy and defense industry, are selected to take part in the first stage of the project.