Assuming that the production cost of EVN is at the FiT2 for solar farms (7.09 US cents per kWh) and the exchange rate is around VND23,000 per US dollar, estimates of the subsidised amount of money by EVN in 2021 for solar power sources can be easily calculated. In order to keep the average selling price, increasing the curtailment or adding more solar power plants and rooftop solar systems with a very low FiT3 rate could compensate the subsidisation of EVN. … [Read more...] about Booming solar power: signal for worry or delight?
Electrical power line installers and repairers
Hanoi (VNA) - Vietnam’s electricity transmission output hit more than 203.8 billion kWh in 2020, fulfilling the plan set by Electricity of Vietnam (EVN) and representing a year-on-year increase of 2 percent, according to General Director of the Electricity of Vietnam National Power Transmission Corporation (EVNNPT) Pham Le Phu. The company worked hard to safely operate the power transmission system without interruption, contributing to ensuring sufficient supply for the country’s socio-economic development, Phu told a recent conference to review the EVNNPT’s performance in 2020 and set out tasks for 2021. It transmitted 910.5 billion kWh of electricity in the 2016-2020 period, Phu said, with yearly average growth standing at 9.7 percent. He also touched on the difficulties facing the corporation in cutting power loss last year, saying that the loss in the transmission grid stood at 2.23 percent, up 0.08 percent compared to 2019. Addressing the … [Read more...] about Power transmission output up 2 percent in 2020
“While the principles of lean management remain the same, advanced digital tools can bring bigger change and faster improvement,” Prajapati said. “Digital tools and their insights provide a stronger, broader foundation on which to make decisions – they provide an in-depth and wide-angle view of operations that we didn’t have before. This clarity makes it easier to not only communicate with our teams but also seek their valuable feedback.” … [Read more...] about Built on open culture and dialogue, Lean is a game changer for GE
Obviously, given the speedy development of the Fourth Industrial Revolution (Industry 4.0), enterprises that fail to adopt investment and technology innovation policies cannot survive. However, according to a survey conducted in 2018 by the Ministry of Industry and Trade (MoIT) and the United Nations Development Program (UNDP) at 2,659 enterprises on readiness to access Industry 4.0, 82 percent of businesses are interested in Industry 4.0, but 61 percent of them have not done anything to get ready for it while 21 percent are taking the first steps. … [Read more...] about Capital is not the decisive factor in technology innovation
Addressing a ceremony marking the force’s 75th anniversary (February 21) in Hanoi on January 19, PM Phuc stressed that to fulfill the heavy responsibility assigned by the Party, State, Ministry of Public Security, and people, the public security intelligence force needs to be well aware of the situation and their tasks while closely following and effectively serving the Party and State’s leadership and governance. … [Read more...] about VIETNAM NEWS JANUARY 20