Electricity sector urged to reduce power loss

The electricity industry must improve its management and technology to reduce losses in the transmission grid as well as eradicate power stealing, which are very serious in rural 

Vietnam is ranked 88th of 137 nations for power loss at 8.95%, according to the International Energy Agency.

“Upgrading technology for the transmission grid and increasing awareness in rural and remote residents about power stealing are two urgent jobs,” Nguyen Tan Nghiep from the Southern Power Association told the Sai Gon Giai Phong (Liberated Saigon) newspaper.

The Vietnam Electricity Group (EVN) has set the goal to reduce power loss from 8.95% to 6.5% by 2020 by applying new technical and operational solutions as well as building new electricity plants and transmission grids.

During 2016-2020, EVN has invested in 13 electricity projects with total capacity of 6,989 MW.

By ensuring electricity supply, power won’t need to be transmitted far distances and it will help reduce losses.

For the transmission grid, a 500kV and 220kV grid in Hanoi, HCM City and other big and industrial cities and provinces will be developed with modern technology to limit power loss.

Lack of supply

By 2020, hydropower, renewable and thermal power by gas will only provide 48.3% of power demand and fall to 39.9% by 2030, but power demand is expected to increase 9 – 10% each year during 2016 -2030.

Furthermore, a nuclear power plant in the central province of Ninh Thuan has been stopped by the Government, therefore, coal thermal power must be considered for economic efficiency and environmental pollution.

“In the context of a 50% shortage of power, proper power supply must be carefully chosen,” Dr Tran Trong Quyet, vice chairman of the Southern Power Association, said.

He pointed out that renewable power would ensure environmental protection, but it would require a huge initial investment.

“Coal thermal power will require a lot of land, is a big problem for environmental pollution and is a large expenditure, but it still plays a very important role in ensuring national power security,” he added.

To limit the impact of coal thermal power, Quyet warned that modern technology to deal with coal slag and ensure coal supply must be done carefully.

VNA

Other News

SBV raises short-term capital lending cap to 40%

SBV raises short-term capital lending cap to 40%

The new circular will help credit institutions have more room to provide capital to businesses and investment projects to support high economic growth in the next few years, while increasing flexibility in the SBV’s monetary policy management.

Business confidence in Vietnam rebounds strongly: UOB

Business confidence in Vietnam rebounds strongly: UOB

The study found that 85% of Vietnamese enterprises reported positive business sentiment, a sharp increase from 48% in 2025, when business confidence was weighed down by uncertainties surrounding US tariff policies and related trade developments.

Bac Ninh seeks high-quality foreign investment for sustainable growth

Bac Ninh seeks high-quality foreign investment for sustainable growth

According to Vice Chairman of the provincial People’s Committee Pham Van Thinh, the province aims to maintain stable and sustainable growth, improve the competitiveness of both the economy and local businesses, and make better use of free trade agreements (FTAs) to expand and diversify export markets.

Green building trend flourishes in Ho Chi Minh City's real estate landscape

Green building trend flourishes in Ho Chi Minh City's real estate landscape

The International Finance Corporation (IFC) highlighted the city's dominance in green-certified building floor space in Vietnam, reflecting the rapid expansion of the green building market with 780 completed green buildings encompassing over 18.69 million sq.m by 2025, predominantly certified by EDGE and LEED.

UK supports Vietnam in wind power and green finance development

UK supports Vietnam in wind power and green finance development

The United Kingdom officially announced two new climate cooperation initiatives to support Vietnam in its energy transition and green growth journey. These programs focus on offshore wind power development and the creation of a sustainable green financial ecosystem.

Ample room remains for Vietnam–India logistics cooperation

Ample room remains for Vietnam–India logistics cooperation

The GTTCI expert noted that alongside logistics and integrated warehousing, e-commerce is expected to be a particularly high-growth sector in the coming years. He described it as a multi-billion-dollar market with significant untapped opportunities for cooperation between Vietnam and India.

Exports gain momentum from high-tech growth drivers

Exports gain momentum from high-tech growth drivers

According to the Ministry of Industry and Trade, Vietnam’s exports reached 215.66 billion USD in the first five months of 2026, up 19.5% year-on-year. Twenty-six export items generated more than 1 billion USD in revenue each, including seven with turnover exceeding 10 billion USD.

Vietnam–China crossings see spike in ASEAN fresh produce

Vietnam–China crossings see spike in ASEAN fresh produce

Since the start of the summer harvest season, China's two major border gates with Vietnam, Youyi Guan in Pingxiang and Beilun 2 Bridge in Dongxing, have entered their peak period for handling imports of fresh agricultural and seafood products from member states of the Association of Southeast Asian Nations (ASEAN).

Cargo handling operations at Berths 3 and 4 of the Hai Phong International Gateway Port. (Photo: VNA)

AI reshapes logistics, raising bar for workforce skills

According to the Vietnam Logistics Business Association (VLA), the logistics sector will require around 2.2 million workers by 2030, including 1.6 million employees for logistics service providers and nearly 600,000 personnel supporting logistics operations in manufacturing and trading enterprises.

Robust dispute resolution framework key to Vietnam's IFC ambitions

Robust dispute resolution framework key to Vietnam's IFC ambitions

The development strategy for VIFC-HCMC envisions a comprehensive financial ecosystem encompassing green finance, carbon credits, financial technology (fintech), blockchain technology, digital assets, digital banking and other innovative business models. These highly internationalised sectors involve complex cross-border transactions and sophisticated legal structures.