The Ministry of Industry and Trade held a dialogue in Hanoi on September 30 to discuss the development of a competitive electricity market under Resolution 70-NQ/TW.

Vietnam is fast-tracking biofuel use, aiming for nationwide E10 supply by January 2026 to cut emissions and grow its green economy.

On the afternoon of June 4 (local time), in Paris, France, the Ministry of Industry and Trade of Vietnam signed a Memorandum of Understanding (MoU) on energy cooperation with the International Energy Agency (IEA).

The amended Electricity Law has been recently passed by the National Assembly, marking a new milestone deeply influenced by the Ministry of Industry and Trade (MoIT) in enhancing the institutional framework in a “rapid” spirit.

The MoIT also said that the development of nuclear power of any scale must align with the direction of the Party and the State, and all investments must comply with the Law on Atomic Energy.

The Ministry of Industry and Trade has issued a decision approving a price framework for electricity imports from Laos starting from December 31, 2025.

Minister of Industry and Trade Nguyen Hong Dien recently chaired a meeting with related ministries, sectors and enterprises to implement the Prime Minister’s official dispatch 1437/CĐ-TTg on the solutions to ensure sufficient petroleum supply for production, trading and consumption in 2024.

Giving a speech at fuel and electricity businesses, Minister of Industry and Trade Nguyen Hong Dien emphasized the importance to ensure sufficient fuel and electricity supply in all situations during Tet (Lunar New Year Holiday).

In an effort to address financial challenges faced by Vietnam Electricity (EVN), the Ministry of Industry and Trade (MoIT) has put forth a proposal to increase electricity prices in 2024.

A project to promote energy efficiency among large business enterprises was kick-started by the Ministry of Industry and Trade (MoIT), in collaboration with the United Nations Industrial Development Organization (UNIDO).

Minister of Industry and Trade Nguyen Hong Dien, deputy head of the standing committee of the National Steering Committee for Electricity Development, recently presided over a meeting reviewing the implementation of 500kV transmission line, circuit 3 projects.

The Ministry of Industry and Trade (MoIT) has proposed incentives to encourage the installation of roof-top solar power systems for self-consumption.