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Proactively Addressing Defects to Ensure the Safety of the Key Central–Northern 500kV Transmission Line

On the Nho Quan – Thuong Tin 500kV transmission line, one of the key power transmission routes connecting Central and Northern Vietnam, transmission units have proactively addressed defects before they could develop into major incidents. After more than 20 years of operation, several insulator positions on circuits 581 and 582 of the Nho Quan –...

Vietnam’s Power Sector in 2026: Cost Pressures and Energy Security Challenges

Vietnam’s power sector is expected to face significant challenges in 2026 as electricity demand continues to grow rapidly, while pressure to ensure energy security and control costs becomes increasingly intense. By the end of 2025, the country’s total installed power capacity is projected to reach approximately 87.6 GW, ranking second in ASEAN. However, the power...

Current Status and Development Orientation of Vietnam–ASEAN Power Grid Interconnection

1.1 Current Status of Regional Power Grid Interconnection 1.1.1 Current Status of Power Grid Interconnection Between Vietnam and Neighboring Countries 1.1.1.1 Interconnection with China Vietnam imports approximately 550 MW of electricity from China through 220 kV and 110 kV transmission lines such as Malutang – Ha Giang, Guman – Lao Cai, and Hekou – Lao...

Vietnam–Russia Energy Cooperation: A Lever Built on a Strong Oil and Gas Foundation

“Vietnam–Russia Energy Cooperation: A Lever Built on a Strong Oil and Gas Foundation” underscores that the energy partnership between Vietnam and the Russian Federation is not merely an economic activity, but a strategic pillar in bilateral relations. This is particularly significant in the context of Prime Minister Phạm Minh Chính’s official visit to Russia from...

To Lam’s Vision for a Rising Vietnam: Rapid Development and Prosperity

The content analyzes the ambitious development strategy of General Secretary To Lam, aimed at ushering Vietnam into a “new era of national rise,” with a focus on rapid economic growth, large-scale infrastructure investment, and expanding international influence. He has set a target of achieving approximately 10% GDP growth in the coming years, viewing this as...

Chinese enterprises look to expand long-term cooperation with Vietnam Electricity

Several leading Chinese energy and technology companies have recently sought to expand cooperation with Vietnam Electricity (EVN), reflecting growing interest in Vietnam’s fast-developing power sector. The discussions took place from late May to mid-June 2025, as Vietnam accelerates implementation of its revised National Power Development Plan (PDP VIII), which targets the addition of nearly 100,000...

Vietnam’s $136 Billion Power Plan Brings Nuclear Back into the Mix

Vietnam has announced an ambitious $136 billion plan to dramatically expand its power generation capacity by 2030, as electricity demand surges alongside rapid industrial growth. The revised national power development plan aims to prevent power shortages like those seen in recent years, which have raised concerns among foreign manufacturers and investors. Under the plan, Vietnam...

Vietnam utility EVN to build $277 mln transmission line to import power from China

In October 2024, Vietnam Electricity (EVN) received approval to construct a 500 kV transmission line between Lao Cai and Vinh Yen, valued at approximately VND7,010 billion ($277.2 million). This 229-kilometer dual-circuit line aims to enhance electricity distribution in the northwestern region and facilitate power imports from China. Deputy Prime Minister and Minister of Foreign Affairs...

Vietnam Electricity receives 715 MW power plant from foreign investors as BOT contract ends

The 715 MW Phu My 2.2 gas-fired power plant, invested per the build-operate-transfer (BOT) format, was transferred to state utility Vietnam Electricity (EVN) on Tuesday. The transfer followed the expiration of the power plant’s 20-year operation starting February 4, 2005. This is the second BOT power plant transferred to EVN, following Phu My 3 in...

In just a few years, 5 more cities will “sprout” around the capital: A place with a super factory worth over 9 billion USD, a 10 billion USD urban area

According to the development plan of the Capital region until 2030, five localities adjacent to Hanoi are expected to be upgraded to cities, including two districts of Bac Ninh, two districts of Hung Yen and one town of Ha Nam. These localities are all adjacent to Hanoi, some only about 20 km from the center...

Vietnam’s National Assembly Approves $8B Rail Link to China

Vietnam’s National Assembly has sanctioned the development of a significant $8.3 billion railway project aimed at enhancing connectivity between northern Vietnam and China. This 391-kilometer electrified standard-gauge railway will extend from the Lao Cai-Hekou border gate through Hanoi to Haiphong, the largest seaport in northern Vietnam. The project also encompasses 27.9 kilometers of branch lines....

How Vietnam can parry and dodge Trump’s tariffs

Vietnam’s remarkable economic ascent over the past decade has positioned it as a key manufacturing hub and a preferred alternative to China in global supply chains. However, with President Donald Trump’s administration intensifying scrutiny over trade imbalances, Vietnam’s substantial trade surplus with the U.S. has rendered it vulnerable to potential tariffs and other protectionist measures....

Vietnam proposes law to regulate foreign e-commerce and protect consumers

In February 2025, Vietnam’s Ministry of Industry and Trade proposed a draft law aimed at regulating cross-border e-commerce to protect consumers and ensure fair competition. The proposed legislation mandates that foreign e-commerce businesses operating in Vietnam must register and obtain an operating license from the Ministry. Additionally, these businesses are required to establish a local...

Why Shein has Turned to Vietnam to Sidestep Trump Tariffs

In response to recent U.S. tariff reforms under President Donald Trump, Shein, the global fast-fashion retailer, is strategically shifting its manufacturing operations to Vietnam. Historically, Shein capitalized on the U.S. de minimis rule, which permitted duty-free imports for packages valued under $800, facilitating cost-effective direct shipments from China to American consumers. However, the recent suspension...

Vietnam looks to placate Trump by vowing no limits on US goods

In response to U.S. President Donald Trump’s recent announcement of potential global reciprocal tariffs, Vietnam has expressed its commitment to maintaining open trade relations with the United States. The Vietnamese government stated it has no intention of implementing measures that would “create burdens or restrict trade” with the U.S. Furthermore, Vietnam is prepared to increase...

Vietnam’s Great Ambition For Becoming Top Asian Economic Power – OpEd

Over the past few decades, Vietnam has transitioned from a war-torn nation to a rising economic powerhouse through strategic reforms, international trade integration, and a focus on technology-driven growth. Vietnam’s economic strategy centers on maintaining political stability, promoting export-driven industries, and increasing foreign investment. The country’s government has implemented policies aimed at improving infrastructure, fostering...

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