The Prime Minister has recently signed Official Dispatch No. 81, dated June 3, 2025, on the electricity supply situation and solutions for the peak months of 2025 and beyond.
Electricity supply may face challenges due to complex weather conditions.
In the past few days, extreme heat waves across the North and Central regions have led to a surge in electricity demand, with a peak load of 51,672 MW recorded on June 2, 2025, at 1:40 PM, the highest ever.
The impact of climate change and the increasingly complex and unpredictable weather patterns pose significant challenges to ensuring a stable electricity supply in the coming period, especially in the North.
The Prime Minister has instructed the Minister of Industry and Trade to urgently implement the approved adjusted Power Development Plan VIII. The Minister is held fully accountable to the Government and the Prime Minister for ensuring sufficient electricity supply for production, business, and people’s livelihoods.
The Prime Minister has directed investors to expedite the operation of Nhon Trach 3 Thermal Power Plant by June 2025 and Nhon Trach 4 Thermal Power Plant by August 2025. Additionally, the first unit of the Quang Trach 1 Thermal Power Project is to be synchronized to the grid by August 19, 2025.
Investors are also urged to complete construction items affecting water accumulation in Hoa Binh Lake before the flood season, including the enclosure dike and concrete intake gate. They should aim to commission the first and second units of the Hoa Binh Hydropower Plant expansion project by August 19, 2025, and bring them into operation in September 2025.
Investors are expected to accelerate the progress of key projects, targeting to inaugurate the 500 kV Lao Cai – Vinh Yen power line, the 500 kV Hai Phong-Thai Binh power line, and the 220 kV Than Uyen-Lao Cai power line on August 19, 2025.
Within the scope of authority and legal regulations, the Minister of Finance is instructed to guide the Vietnam Electricity (EVN), Vietnam National Oil and Gas Group (PVN), and Vietnam National Coal-Mineral Industries Group (TKV) to coordinate effectively in implementing solutions to ensure electricity supply and properly execute power purchase agreements, coal supply agreements, and gas supply agreements.
The Chairman/General Director of EVN, PVN, TKV, and the Commander of Corps 19 – Ministry of National Defense are requested to further intensify their focus and efforts in executing the assigned power source and grid projects, ensuring progress, quality, efficiency, and environmental protection.
The New 15% Tax on US Imports: A Challenge for Chinese Farmers and the World’s Top Consumer of Their Produce.
The drought and pest infestation are threatening yields of this particular crop in China.
The Oil and Gas Industry Under Pressure to Reduce Carbon Emissions
The oil and gas industry is at the forefront of sectors facing immense pressure to reduce carbon emissions. As a significant contributor to global greenhouse gas emissions, it also has a pivotal role to play in the transition to a low-carbon future.
The King of Fruits Faces an Uncertain Future: Unripe Durian Trees in Gia Lai Province Suffer a Devastating Blow.
In the face of extreme weather conditions, farmers in Gia Lai province witnessed a devastating sight as their young durians, no bigger than a fist, started falling off the trees en masse. This unexpected turn of events has left farmers in this mountainous region grappling with the stark reality of potential crop failure and significant financial losses.
“The Banking Sector’s Early Embrace of Green Credit: Scaling Up and Accelerating Sustainable Lending”
On May 21, 2025, the State Bank of Vietnam (SBV) hosted a seminar to promote the implementation of the banking sector’s Action Plan for the National Green Growth Strategy for the period of 2021-2030. The event also witnessed the launch of the “Handbook of Environmental and Social Risk Management System in Credit Activities”. Mr. Dao Minh Tu, SBV’s Permanent Vice Governor, attended and chaired the seminar.
The Great Financial Institution Exodus from Net-Zero Commitments: What’s in It for Vietnamese Businesses?
“Legal regulations are indeed crucial, but businesses should be primarily driven by the awareness of the long-term impacts of climate change.” – Expert says.
