Exporting domestic waste overseas - more than waste converting Vietnam's energy to neutralizing CARBON
- 189
- Business
- 23:51 15/06/2023
DNHN - One of the keys to converting Vietnam's energy to neutralizing CARBON and reducing emissions is the potential of renewable energy sources, especially wind and solar power.
Electricity pulsation and how to operate jerky
EVN recently held a conference to launch the "Strengthening Propaganda to Raise People's Awareness of Saving Electricity" campaign.
Beginning in May 2023, the average retail price of electricity increased by 3% to 1,920,3732 VND per kilowatt-hour (excluding VAT). This was done after EVN had long complained of numerous difficulties, including substantial losses as input costs for electricity production and business grew.
And after less than one payment cycle for electricity, EVN recently proposed allowing the retail price of electricity to be adjusted in September 2023.
According to EVN, to maintain financial stability and offset the additional costs incurred due to high input costs, EVN proposes to continue increasing electricity prices.
Since 2010, EVN has increased electricity prices eight times, from 1,058 VND/kwh (in 2010) to 1,864.44 VND/kwh (in 2019), and continues to report losses and propose an increase. the electricity cost.
No need to educate people on energy conservation for a very long time!
Electricity conservation is a top priority for all households and businesses. If you do not save money, you will not pay when EVN calculates the ladder type; however, the more you use it, the higher the cost. The power was cut off due to late payment of the electricity bill; if you want the power to be restored, you must pay a fee and complete numerous procedures.
For businesses to remain competitive in today's difficult and stressful economic climate, they will incorporate the cost of electricity into product prices. People have limited access to electricity due to their meager resources, as no one but themselves is required to pay for electricity, but no one gives it.
Need to be objective - to be fair, the people are not to blame for the lack of electricity because they are the customers. The vast majority of Vietnamese people continue to live in abject poverty, and tens of thousands of workers have been laid off, so there is no justification for "wasteful" spending. Increasing inflation creates numerous problems for businesses. Several members of the National Assembly were dissatisfied that thousands of megawatts (MW) of wind and solar power could not be generated on the grid while Laos imported electricity from China. Laos is extremely wasteful, and the responsibility must be clarified.
According to delegate Le Thanh Van, wind and solar power in Vietnam have many benefits, but they were only recently included in Power Plan 8. Power Plan 7 includes several wind and solar power projects that are currently under construction. Legal basis issues that prevent connection to the power grid. Vietnam is recognized as a wind and solar energy powerhouse, so why is it still imported? Some companies must close and reopen to maintain their technology but are unable to connect to the network. Are you sad?
The management agency should have clearer written instructions so that procedures can be streamlined and conditions created for investors to quickly generate electricity. Any conditions in Circular 15 that cause investors difficulty should be eliminated. Whether the ceiling price is adjustable or not, the ceiling price calculation must also be clarified.
According to investors, they must wait more than two years for a new electricity generation price mechanism, which will serve as the basis for electricity price negotiations with EVN. With this price bracket, the actual selling price of electricity for transitional projects, after negotiation, will be less than or equal to the bracket's ceiling. Investors in renewable energy are concerned about legal inadequacies and low financial efficiency, which "bloat" businesses. Approximately 85,000 billion Vietnamese Dong have been invested in 34 renewable energy projects, of which 58,000 billion are bank loans. Failure to rescue in time will not only result in colossal waste while the entire nation experiences severe electricity shortages but will also cause RE investment enterprises to fail, resulting in unpredictability.
Phuong Anh
Related news
- Expert Lại Thiên Phong: Localizing digital transformation – a new growth driver for Vietnam
- Are Vietnamese firms overlooking their most valuable “gold mine”?
- Iran Conflict and the “Double Shock” to the Global and Vietnamese Economies
- After 8 years and trillions sent abroad, are uST investors caught in a risky no-exit situation?
- When Cryptocurrency leaves the "Grey Zone": How are Vietnamese investors seeking profits?
- When the tech unicorn dream is undermined by reckless fundraising structures
- From New Year messages of World Leaders to the “new rules” of the Global economy in 2026
- Connecting Leaders, Shaping the Future: Strategic Leadership Planning Meeting – CorporateConnections Hanoi A
- Sunlight - Unilever Vietnam Recognized for Outstanding Contributions to the National Initiative Supporting Women Entrepreneurs
- Deputy Prime Minister Nguyễn Chí Dũng: “The country’s major challenges weigh heavily on my mind — and we must resolve them together.
- Unitsky String Technologies signs cooperation agreements with three Vietnamese partners, opening a new direction for smart mobility and sustainable development
- When artists do business – livelihood is no poetry!
- Before the D‑day to abolish flat‑rate tax: Fear of technology and costs leave small traders struggling to adapt
- Vietnamese enterprises at a crossroads: the impact of a potential US–China deal
- "Digital technicians" must not be forgotten if Vietnam aims to meet its strategic goals
- HDBank: Impressive profit growth, leading in profitability and advancing international integration
- TNI King Coffee sued for over VND 5 Billion in unpaid debts
- VINASME and Jeonnam Technopark Sign MOU on technology cooperation, human resource training, and trade promotion
- Vietnamese entrepreneurs strengthen ASEAN connectivity in the digital iIntegration era
- Vietnam upgraded to Secondary Emerging Market by FTSE Russell
Đọc thêm Business
CEO Nguyễn Tất Tùng: only by anchoring in culture and preserving national identity can Vietnamese entrepreneurs reach the world
In a setting imbued with the rich cultural essence of Kinh Bắc, the 15th anniversary celebration of Dragon Travel was far more than a typical corporate event.
Expert Lại Thiên Phong: Localizing digital transformation – a new growth driver for Vietnam
On the morning of April 21, at the Ministry of Science and Technology, the Agency for Technology Entrepreneurship and Commercialization Development announced the 2026 innovation agenda aligned with the National Strategy for Startup and Innovation.
Building and accumulating intangible assets: a sustainable competitive advantage
In an intellectually vibrant afternoon of the business community, a seemingly old question was raised again in a way that made the entire audience rethink from the beginning.
From cost optimization to “survival optimization”: Vietnamese firms confront supply chain volatility
A fresh surge in domestic fuel prices is not only squeezing household budgets but also triggering a quiet yet profound wave of concern across Vietnam’s business community.
What truly defines corporate value in a rapidly evolving digital era?
In the digital age, corporate value is no longer confined to tangible assets but increasingly resides in brand equity, data, and knowledge - intangible assets that ultimately determine competitive strength.
Are Vietnamese firms overlooking their most valuable “gold mine”?
In the digital economy, corporate value no longer primarily resides in factories or machinery. A growing body of research highlights a fundamental shift in how value is created.
Iran Conflict and the “Double Shock” to the Global and Vietnamese Economies
The outbreak of conflict in Iran since late February 2026 is sending significant shockwaves through the global economy.
After 8 years and trillions sent abroad, are uST investors caught in a risky no-exit situation?
The article “When the Tech Unicorn Dream Is Undermined by Careless Capital-Raising Funds” pointed out legal risks and financial structural issues in the fundraising model related to the uST ecosystem.
When Cryptocurrency leaves the "Grey Zone": How are Vietnamese investors seeking profits?
From a market operating in the "grey zone," cryptocurrency in Vietnam is entering a phase of reshaping as a series of Government orientations, decrees, resolutions related to digital assets, financial security.
When the tech unicorn dream is undermined by reckless fundraising structures
A green transport technology project in Belarus, thousands of kilometers from Vietnam has continued to attract capital from a significant number of Vietnamese investors.

