Energy industry masters advanced technologies

(VEN) - Enterprises and research units in the field of energy, especially in the electricity industry, have taken the lead in mastering advanced technologies, achieving practical results and ensuring energy security.

According to the Science and Technology Department under the Ministry of Industry and Trade (MoIT), businesses in the field of energy have focused on mastering foreign advanced technologies.

For example, the Electricity of Vietnam (EVN) power company has completed investment in modern technology innovation, helping operate Vietnam’s electricity system at the level of the world’s advanced countries.

Energy industry masters advanced technologies
The 500kV backup power transformer with a capacity of 467MVA installed at Son La hydropower plant

Science and technology units under the MoIT have also made important contributions to formulating and developing energy policies. Specifically, the Institute of Energy has provided advice on the national and local energy development planning and strategies (such as master power plans VII, VIII), renewable energy development strategy, and more.

Energy industry masters advanced technologies
A coal loading and unloading and transportation system of the Song Hau 1 Thermal Power Plant

Research institutes have conducted projects to solve scientific and technological issues, with successful applications in production. They include a project on the research, design and application of nozzle tips for use on pulverized coal-fired furnaces at Ninh Binh thermal power plant, which won the first prize at the Vietnam Science and Technology Innovation Awards. A coal loading and unloading and transportation system for coal-fired thermal power plants with a capacity of about 600 MW was put into operation at the Song Hau 1 Thermal Power Plant, resulting in contracts worth VND1,184 billion, opening a new development direction for the domestic mechanical engineering industry, said a representative of the department.

In particular, the 500kV back-up power transformer with a capacity of 467MVA installed at Lai Chau and Son La hydropower plants is a leap in technological capacity, design and manufacturing level of domestic enterprises, ensuring conditions for the production of transformers of up to 750MVA and 500kV transformer sets with capacity up to 3x300MVA.

At present, few companies in the world can manufacture 500kV power transformers because of this product’s stringent technical requirements, and complex design and manufacturing technologies in this type of 500kV super transformers. Domestic enterprises are fully capable of providing transformers of up to 500kV for the development of the national power grid.

This scientific and technological achievement also helps Vietnam master the manufacturing and maintenance of major equipment in one of the largest hydroelectric plants in the country, ensuring the continuous and safe operation of the Son La and Lai Chau hydropower plants in particular, and contributing to national energy security in general.

The gradual localization of technology and equipment, as well as the transfer of advanced technologies in the field of energy is considered a key factor for sustainable energy development.
Quynh Nga

See also

Moving ahead with 2023’s Global Priorities: Electrification and Decarbonization

Moving ahead with 2023’s Global Priorities: Electrification and Decarbonization

In 2023, the United Arab Emirates is taking center stage in the global efforts to address climate change and sustainability. Recently, leaders have gathered for Abu Dhabi Sustainability Week, kicking off a year of events leading up to the UAE-hosted COP28 at the end of the year.
Binh Lieu mountain region powers up

Binh Lieu mountain region powers up

(VEN) - The mountainous border district of Binh Lieu in the northeastern province of Quang Ninh is changing rapidly due to investment in infrastructure of roads, electricity and schools, greatly improving the lives of the predominantly ethnic minority population.
Quang Ninh ships first tonne of coal on first day of Lunar New Year

Quang Ninh ships first tonne of coal on first day of Lunar New Year

The northern coastal province of Quang Ninh shipped the first tonnes of coal on January 21, the first day of the Lunar New Year, from the Cam Pha port.
UNDP pledges to support Vietnam in green energy transition

UNDP pledges to support Vietnam in green energy transition

The United Nations Development Programme (UNDP) stands ready to support the Vietnamese government in the detailed formulation and implementation of the Just Energy Transition Partnership (JETP) resource mobilisation plan right in 2023, UNDP Resident Representative in Vietnam Ramla Al Khalidi has affirmed.
MoIT urges guaranteed fuel supply amid Nghi Son refinery’s troubleshooting

MoIT urges guaranteed fuel supply amid Nghi Son refinery’s troubleshooting

The Ministry of Industry and Trade (MoIT) has sent an urgent dispatch to the Vietnam Oil and Gas Group along with petrol and oil businesses and traders, requesting them to ensure petrol and oil supply amid an output decline at the Nghi Son oil refinery in early January due to a technical incident.
Human resources needed to enable offshore wind industry in Vietnam

Human resources needed to enable offshore wind industry in Vietnam

Overview of human resource needs during the La Gan offshore wind project life time, orientation of future job opportunities and training opportunities in the future for this industry in Vietnam.

See more news

Vice President hails Vietsovpetro for contributions to energy security

Vice President hails Vietsovpetro for contributions to energy security

Vice President Vo Thi Anh Xuan on December 22 lauded the Russia-Vietnam oil and gas joint venture Vietsovpetro and the Vietnam Oil and Gas Group (Petrovietnam) for their achievements in 2022, contributing to ensuring energy security, state budget revenue, and economic diplomacy.
Mitsubishi Power to upgrade two gas turbines at Tuas Power

Mitsubishi Power to upgrade two gas turbines at Tuas Power

(VEN) - Introduction of the latest technologies for two M701F gas turbines will help enhance plant’s output and generating efficiency; Upgrade of two 360MW GTCC power plants can cut CO2 emissions by 16.9 kilo-tonnes annually, with work scheduled for completion in 2023.
Wind energy prices in Vietnam still higher than in other countries

Wind energy prices in Vietnam still higher than in other countries

Prime Minister Phạm Minh Chinh requested relevant stakeholders to work together to bring down wind energy prices in Vietnam, which are now higher than in other countries.
Meeting Vietnam’s growing energy demand

Meeting Vietnam’s growing energy demand

(VEN) - GE Hydro Solutions and Vietnam Electricity (EVN) have an acceptance test of the 240MW turbine at the hydraulic laboratory in Grenoble, France. This is the first important milestone in the expansion of Hoa Binh Hydropower Plant under the contract of GE Hydro Solutions and Vietnam Electricity (EVN) in early 2022.
International financing vital for energy transition

International financing vital for energy transition

(VEN) - Vietnam has been accelerating energy transition to ensure the economy’s sustainable development.
Vietnam’s renewable energy sector lures foreign investors

Vietnam’s renewable energy sector lures foreign investors

(VEN) - Vietnam’s goal of raising renewable power sources to 45 percent of the national power generation capacity by 2030 requires US$14 billion, offering opportunities for both domestic and foreign investors.
Transparency needed to draw power industry capital, officials say

Transparency needed to draw power industry capital, officials say

(VEN) - According to experts, in order to attract strong investment in the power industry, Vietnam needs to put in place a competitive electricity market with transparent prices and perfect mechanisms to facilitate an effective investment environment.
View more
Latest Most Read
Prime Minister demands faster disbursement of public investment capital

Prime Minister demands faster disbursement of public investment capital

Prime Minister Pham Minh Chinh demanded faster pace of public investment capital disbursement while chairing the Cabinet meeting on Thursday.
Trade ministry to support enterprises in boosting exports

Trade ministry to support enterprises in boosting exports

The Trade Promotion Agency under the Ministry of Industry and Trade (MoIT) will collaborate with relevant agencies in carrying out measures to help enterprises expand their shares in foreign markets, said Vu Ba Phu, head of the agency.
Food and beverage industry to do well this year despite modest economy

Food and beverage industry to do well this year despite modest economy

The food and beverage market is forecast to grow by over 18% this year to 720 trillion VND (30.7 billion USD).
Leaders pay tribute to President Ho Chi Minh on Party’s founding anniversary

Leaders pay tribute to President Ho Chi Minh on Party’s founding anniversary

A delegation of Party, State, and Viet Nam Fatherland Front (VFF) leaders paid tribute to President Ho Chi Minh at his mausoleum in Ha Noi on February 3 on the occasion of the 93rd founding anniversary of the Communist Party of Viet Nam.
Hunting for real estate investment opportunities after Tet

Hunting for real estate investment opportunities after Tet

Although the market faced a standstill at the end of 2022, wealthy investors are still hunting for potential business opportunities after the Lunar New Year holiday.
Calligraphy for the new year

Calligraphy for the new year

The sight of old men in traditional costumes writing calligraphy during Lunar New Year was once very popular in the days gone by. The tradition has long disappeared in modern times but it is being revived at the Spring Calligraphy Festival held in the capital Hà Nội. After two-year hiatus due to COVID-19, calligraphers, both local and international, are excited to be able to write again.
The joy of Tết for Mông people

The joy of Tết for Mông people

Unlike the majority of Vietnamese Kinh people, every year the Mong people often welcome the Lunar New Year around one month earlier. This year, the Mong people in mountainous Ha Giang Province have had a happier and better Tet after two years of COVID.
My Phong Nha

My Phong Nha

Phong Nha stands out with more than 300 caves, some of which are internationally famous. The caves and jungle create a unique landscape and terrain that you can rarely find in other places in the world.
Fireworks show to welcome the New Year 2023 in HCMC

Fireworks show to welcome the New Year 2023 in HCMC

(VEN) - Residents in Vietnam’s southern hub – Ho Chi Minh City (HCMC) – gathered for a countdown event with a beautiful fireworks show to welcome the New Year 2023 at the Bach Dang Speed Ferry Terminal.
Vietnam – Potential destination for Italian businesses

Vietnam – Potential destination for Italian businesses

This year, Vietnam and Italy celebrate the 45th founding anniversary of the Vietnam-Italy diplomatic ties with many achievements in all fields, including the growth of economic cooperation. The remarkable achievements were contributed by trade and investment promotion activities organized by the Italian Chamber of Commerce in Vietnam (ICHAM). Vietnam Economic News’ reporter talked with Mr. Michele D'Ercole - Chairman of ICHAM in Vietnam about these matters.
Prime Minister demands faster disbursement of public investment capital

Prime Minister demands faster disbursement of public investment capital

Prime Minister Pham Minh Chinh demanded faster pace of public investment capital disbursement while chairing the Cabinet meeting on Thursday.
Deputy FM highlights role of economic diplomacy in service of national development

Deputy FM highlights role of economic diplomacy in service of national development

The Ministry of Foreign Affairs has accompanied the Ministry of Planning and Investment and agencies to attract high-quality investment, connect and support foreign enterprises to invest and expand operations in Việt Nam, as well as to strengthen exchange and cooperation with investment funds and study international investment trends.
Việt Nam supports expansion of UN Security Council

Việt Nam supports expansion of UN Security Council

Addressing the first meeting of the Intergovernmental Negotiations on Security Council reform at the 77th UN General Assembly on January 26 (local time) in New York, Ambassador Nguyễn Phương Trà also emphasised improving the working method of the UNSC and limiting the use of veto power.
Prime Minister assigns tasks to Deputy Prime Ministers

Prime Minister assigns tasks to Deputy Prime Ministers

Prime Minister Pham Minh Chinh has signed decision 19/QD-TTg assigning tasks to the Deputy Prime Ministers.
Food and beverage industry to do well this year despite modest economy

Food and beverage industry to do well this year despite modest economy

The food and beverage market is forecast to grow by over 18% this year to 720 trillion VND (30.7 billion USD).
Moving ahead with 2023’s Global Priorities: Electrification and Decarbonization

Moving ahead with 2023’s Global Priorities: Electrification and Decarbonization

In 2023, the United Arab Emirates is taking center stage in the global efforts to address climate change and sustainability. Recently, leaders have gathered for Abu Dhabi Sustainability Week, kicking off a year of events leading up to the UAE-hosted COP28 at the end of the year.
Hanoi eyes 950 firms in support industries this year

Hanoi eyes 950 firms in support industries this year

Hanoi has set a target to have about 950 enterprises operating in the field of supporting industries this year, an increase of approximately 20 compared to 2022.
Vietnam to reduce environmental impact of textile-garment industry by 2030

Vietnam to reduce environmental impact of textile-garment industry by 2030

The Vietnam Textile and Apparel Association (VITAS) has set a goal of helping Vietnam's textile and garment industry be more environmentally friendly by 2030.
Greening foreign investment

Greening foreign investment

(VEN) - The government’s declared commitment to reduce net carbon emissions to zero by 2050 has prompted a wave of high-quality, sustainable foreign direct investment (FDI) projects.
Southeast region prepares for new FDI wave

Southeast region prepares for new FDI wave

The southeast region is preparing necessary conditions in infrastructure, administrative procedures and human resources to welcome a new wave of foreign direct investment (FDI), as investors have flocked to the region right from the beginning of this year.
January FDI nears US$1.7 billion

January FDI nears US$1.7 billion

Vietnam attracted foreign direct investment (FDI) worth US$1.69 billion as of January 20 this year, down 19.8 percent annually, according to the General Statistics Office (GSO).
Viet Nam calls for more investment in green growth

Viet Nam calls for more investment in green growth

Deputy Prime Minister Tran Hong Ha called on foreign businesses to boost investment, support Viet Nam in green growth, and well implement international commitments on sustainable development and climate change, including UNCOP26 commitments to achieving net-zero emissions by 2050.
Tax revenue up 4.4 percent year-on-year in January

Tax revenue up 4.4 percent year-on-year in January

Tax revenue in January was estimated at VND165.7 trillion (US$7.06 billion), or 12.1 percent of the ordinance estimate, up 4.4 percent year-on-year, the General Department of Taxation reported on January 31.
State-owned banks under capital increase pressure

State-owned banks under capital increase pressure

Vietnam’s four biggest State-owned banks have an urgent need for capital increase in 2023 as their charter capital is too low, with some unable to ensure the regulated minimum capital adequacy ratio (CAR), according to industry insiders.
Positive prospects for Vietnam’s stock market this year

Positive prospects for Vietnam’s stock market this year

2022 was an eventful year for the Vietnamese stock market with many records set.
Positive 2023 securities market forecasts

Positive 2023 securities market forecasts

(VEN) - Vietnam’s securities market experienced strong volatility in 2022, stemming from investor caution in the face of global economic and political uncertainties.
Vietnam looks ahead to 2023 climate summit

Vietnam looks ahead to 2023 climate summit

(VEN) - World leaders are hoping the COP28 Climate Change Summit, scheduled for November 30 to December 12, 2023, in the UAE will achieve expectations not met at the COP27 summit held in Egypt in November 2022.
Preserving nature, facilitating business

Preserving nature, facilitating business

(VEN) - In the past few years, the natural resources and environment sector of Hung Yen Province has advised authorities on state management of natural resources and the environment, contributing to provincial economic growth, industrialization and modernization.
AkzoNobel Vietnam protects Cu Lao Xanh lighthouse against harsh weather

AkzoNobel Vietnam protects Cu Lao Xanh lighthouse against harsh weather

AkzoNobel, a leading global paints and coatings company and the major producer of Dulux brand, has completed repainting the Cu Lao Xanh Lighthouse project with Dulux Weathershield®. It is the third lighthouse in Vietnam recoated under the “Lighthouse Protection Campaign” of AkzoNobel.
JTI Vietnam commits to net zero greenhouse gas emissions

JTI Vietnam commits to net zero greenhouse gas emissions

Climate change is the most urgent issue of our time, and to limit its impact on life on earth, the rise in mean global temperature should not exceed 1.5°C above pre-industrial levels. The private sector plays a huge role in helping to achieve this goal, and companies must commit and take concrete action in accordance with the Paris Agreement.
Managed security provides IT talent gap solution for businesses in SEA

Managed security provides IT talent gap solution for businesses in SEA

Global cybersecurity company Kaspersky today reveals the state of MSSP in the region, particularly the main benefits that local SMBs and enterprises gain from this outsourcing model.
Headquarters of Vietnam-Korea Institute of Science and Technology inaugurated

Headquarters of Vietnam-Korea Institute of Science and Technology inaugurated

An inauguration ceremony of the headquarters of the Vietnam-Korea Institute of Science and Technology (VKIST) was held at the Hoa Lac Hi-tech Park in Ha Noi on January 17.
WHO to share mRNA vaccine technology with VietNam

WHO to share mRNA vaccine technology with VietNam

Vietnam, along with Bangladesh, Indonesia, Pakistan and Serbia will receive support from the World Health Organization (WHO)'s mRNA technology transfer hub in South Africa, announced the World Health Organization (WHO) on February 23.
Welcoming the year of digital data for Vietnam

Welcoming the year of digital data for Vietnam

(VEN) - In 2022, the government assigned more important functions and tasks in digital transformation, government, economy, society, technology, and electronic transactions to the Ministry of Information and Communications.
Hunting for real estate investment opportunities after Tet

Hunting for real estate investment opportunities after Tet

Although the market faced a standstill at the end of 2022, wealthy investors are still hunting for potential business opportunities after the Lunar New Year holiday.
Vietnamese university up 97 places in Webometrics ranking

Vietnamese university up 97 places in Webometrics ranking

Vietnam National University (VNU) - Hanoi climbed 97 places to rank 661st in the latest Webometrics Ranking of World Universities in 2023, which was announced on February 1 by the Cybermetrics Lab, a member of the Spanish National Research Lab.
PM inspects national key transport projects

PM inspects national key transport projects

The first phase of the 652.86km North-South Expressway has 11 component projects, three of which are invested in public-private partnerships (PPP). The rest, including the Mai Sơn-National Highway 45 project, are funded with public investment.
A great chance to invest in commercial property

A great chance to invest in commercial property

Vietnam's commercial real estate sector is still in its infancy and is mostly focused on Ho Chi Minh City and Hanoi. However, industry analysts assert that the market area has a great deal of untapped potential.
Nestlé Vietnam and the journey to sustainable development

Nestlé Vietnam and the journey to sustainable development

(VEN) - With nearly three decades of operation in Vietnam, Nestlé Vietnam has been implementing many initiatives to improve human health and protect the planet through its commitments and sustainable development strategy. Recently, the company has continued to be honored as the Most Sustainable Business in Vietnam.
VIMC embarks on strong recovery

VIMC embarks on strong recovery

(VEN) - In the context of the strong recovery of the maritime transport market, the Vietnam Maritime Corporation (VIMC) has brought into play its internal strength to achieve successful business results in 2022.
MM Mega Market launches a new modern Giá tốt business model

MM Mega Market launches a new modern Giá tốt business model

Recognizing changes in shopping behaviors, MM Mega Market has publicly launched its new business model – Giá tốt. Giá tốt is currently present in big cities and provinces in Vietnam with more than 250 Giá tốt partners, including Ho Chi Minh City, Hanoi, Da Nang, Binh Duong, Bien Hoa, Quy Nhon, Buon Ma Thuot, Rach Gia, etc.
PVCFC develops experts’ system

PVCFC develops experts’ system

(VEN) - The PetroVietnam Ca Mau Fertilizer Joint Stock Company (PVCFC) recently held its annual review on accreditation of professionals and on the competency gap for experts at its headquarters in Ho Chi Minh City and Ca Mau Province.
Khmer

Khmer's ginger cake of love and faithfulness

According to legend, the cake is also a symbol of faithfulness between husband and wife.
Dutch diplomat donates Vietnamese paintings to national museum

Dutch diplomat donates Vietnamese paintings to national museum

The ambassador collected the two lacquer paintings Kieu Hanh (Proud) and Nhung Nu Hon Tinh Yeu (Kisses of Love) when she worked in Vietnam from 1997-2001.
Tet impressive in foreign ambassadors

Tet impressive in foreign ambassadors' eyes

Tet (Lunar New Year holiday) is always an interesting experience for foreigners in Vietnam. Enjoying the Tet atmosphere, foreign ambassadors have shared their feelings about the biggest traditional festival in the country.
Norwegian Ambassador experiences Vietnamese Tet traditions

Norwegian Ambassador experiences Vietnamese Tet traditions

Norwegian Ambassador to Vietnam Hilde Solbakken and her family are enjoying a lot of Vietnamese traditions during their first Tet (Lunar New Year) in the country, including “xin chu” (asking for calligraphy from scholars).
Five-day holiday for workers during Reunification Day period

Five-day holiday for workers during Reunification Day period

As the Hùng Kings' festival coincides with Reunification Day and International Workers' Day, workers will enjoy a rare five-day holiday.
Vietnam plans to attract Chinese tourists

Vietnam plans to attract Chinese tourists

Vietnam's tourism industry has targeted to serve about 110 million tourists in 2023, including 8 million foreign visitors.
The lure of Pu Luong

The lure of Pu Luong

(VEN) - Surrounded by high mountains and offering a cool climate all year round, the Pu Luong National Nature Reserve in the northern province of Thanh Hoa offers wild scenery and unique culture.
Tourism is back, big time

Tourism is back, big time

(VEN) - Although it failed to achieve the goal of welcoming five million foreign tourists in 2022, major tourism sector efforts have resulted in its strong recovery during the final months of the year, promising even more positive changes in 2023.
Mobile Version