There is a declining trend of engineering, procurement, and construction costs of rooftop solar over time that can be utilised if the absorption capacity of the grid is available even with the storage added. Vietnam has plans for solar power auctions but the qualified projects are small and located in lower solar irradiance. … [Read more...] about Booming solar power: signal for worry or delight?
Wind power system
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
Hanoi (VNA) – Vietnam will need 150 billion USD to invest in power generation projects in the next 10 years, equal to half of the country’s current gross domestic product (GDP), which raises demand for international financing.International Financing for Independent Power Projects (IPPs)” on November 24 in Hanoi.power projects, especially independent projects, is a necessary requirement,” Hien said. … [Read more...] about Vietnam needs 150 billion USD for energy generation over next decade: expert
About The APO The APO is an intergovernmental organization committed to improving productivity in Asia and the Pacific. Established in 1961, the APO contributes to the sustainable socioeconomic development of the region through policy advisory services, institutional capacity-building efforts, sharing of productivity best practices, and dissemination of productivity data and analyses. … [Read more...] about Asian Productivity Organization (APO) Commences Productivity Diamond Jubilee Launching Ceremony
As a result, some businesses may find it challenging to raise capital through bond issuance, forcing them to borrow money through banks. In addition, while the economy is on the road to recovery from the COVID-19 pandemic, interest rates are forecast to remain at the current low level and credit growth should increase – we estimate at around 12-14 per cent. … [Read more...] about Impressive 2020 for Vietnam’s corporate bond market