FDI lays foundation for acceleration of oil and gas sector
09:40 | 16/10/2018 Energy
Since the Vietnamese Government and Italian contractor AGIP signed the first production sharing contract in 1978, foreign direct investment (FDI) in the oil and gas sector has not only brought large revenue to the country but also laid important foundations for the sector to develop strongly.
EVNNPT successful in raising transmission project capital
09:00 | 15/10/2018 Energy
(VEN) - The National Power Transmission Corporation (EVNNPT) has raised more than VND95.6 trillion for about 450 high voltage transmission projects. Domestic capital accounts for more than VND45.6 trillion of this sum, while foreign capital makes up the rest.
Thua Thien-Hue inaugurates 35MW solar power plant
16:05 | 10/10/2018 Energy
Invested in by the Gia Lai Electricity JSC, the factory covers 45ha in the My Hoa hamlet of Dien Loc commune, Phong Dien district. The factory began construction in January this year and was built at a total cost of nearly 1 trillion VND (US$42.83 million).
Vietnam raises wind power price to encourage development
11:20 | 06/10/2018 Energy
The Government has recently decided to increase price of wind power to encourage the development of this energy after eight years imposing the Feed in Tariff (Fit) of 7.8 US cent/kWh, which is said to be too low for investors to overcome perceived risks.