Thermal power companies face stiff competition from renewable energy Demand for electricity is soaring amid the peak of the hot season but stocks of thermal power companies still struggle as their power output is being strongly impacted by the development of renewable energy.

Power infrastructure ready for rainy season: EVNNPT Phạm Lê Phú, general director of of Việt Nam's National Power Transmission Corporation (EVNNPT), talks to Đấu Thầu (Bidding) newspaper about safe operation of power transmission system in the coming rainy and stormy season.

Transformation of the electricity industry since the equitization of EVNGENCO2

Electricity is an industry with huge implications for national energy security making it challenging for companies in this field to privatize.

Illegal wildlife trade cracked down nationwide

Market Watch and legal enforcement agencies have been clearing away illegal wildlife trade at Thạnh Hóa farm produce market in the southern Long An province in responding to the call of stopping the market from 14 NGOs working in nature and wildlife conservation in Việt Nam.

Vietcombank sponsors $1.2 billion for Quảng Trạch 1 thermal power project The Joint Stock Commercial Bank for Foreign Trade of Việt Nam (Vietcombank) committed to finance a credit worth VNĐ27.1 trillion (US$1.18 billion) for the Quảng Trạch 1 thermal power plant project.

Green hydrogen development associated with offshore wind power, experts say The Ministry of Industry and Trade (MoIT) needs to study and issue/or direct the Việt Nam Electricity (EVN) to issue regulations to synchronously develop the transmission and distribution system to ensure the stable operation of the power system when wind and solar power sources have a high percentage, said Trần Viết Ngãi, Chairman of Việt Nam Energy Association.

Car maker VinFast to expand dealership network to Laos Phongsubthavy Group of Laos would be an exclusive distributor of Vietnamese car maker VinFast under a memorandum of understanding signed on Monday.

Increasing charter capital vital for state-owned banks to retain central economic role BUSINESS BEAT

Severe heatwave hits north, central regions Northern and north-central provinces are sweltering under a severe hot wave, with temperatures in some places topping 40 degrees Celsius, announced the National Centre for Hydro-Meteorological Forecasting.

Finance ministry inspectorate to check out ailing HCM City stock exchange The Ministry of Finance’s Chief Inspector has signed a decision to inspect the Hồ Chí Minh Stock Exchange (HoSE) after its failure to resolve the chronic overload of its trading system.