Exporting domestic waste overseas - more than waste converting Vietnam's energy to neutralizing CARBON
- 180
- 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
- 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
- Prime Minister: Vietnam aims to become a regional logistics hub
- Vietnam upgraded to Secondary Emerging Market by FTSE Russell
- Hanoi’s economy grows 7.92% in first nine months of 2025, FDI surges nearly threefold
- Vietnam’s strong gdp growth fails to ease labor market distress
- US tariffs on Brazil propel Vietnam’s pangasius into global spotlight
- VietLeap AI Accelerator launches: A strategic springboard for Vietnam’s AI startups
- CICON expands strategic alliances: A new step forward in Vietnam–Korea business connectivity
- What must Vietnamese enterprises do to maintain their position in the global supply chain?
Đọc thêm Business
Connecting Leaders, Shaping the Future: Strategic Leadership Planning Meeting – CorporateConnections Hanoi A
"Your network is your most powerful flowing asset. It generates value, multiplies opportunities, and accelerates your influence across borders."
Innovative ESG enterprise: Trạm Xe Việt startup proposes solutions to build a green mobility ecosystem
As Vietnam commits to achieving Net Zero by 2050 and tightens emissions standards, the transportation sector faces unprecedented pressure to transform.
Deputy Prime Minister Nguyễn Chí Dũng: “The country’s major challenges weigh heavily on my mind — and we must resolve them together.
On the morning of November 26, 2025, Deputy Prime Minister Nguyễn Chí Dũng chaired a high-level working session at the National Innovation Center (NIC) in Hòa Lạc.
Unitsky String Technologies signs cooperation agreements with three Vietnamese partners, opening a new direction for smart mobility and sustainable development
The signing ceremony took place in Minsk, Belarus, on November 28, 2025.
Before the D‑day to abolish flat‑rate tax: Fear of technology and costs leave small traders struggling to adapt
From 1 January 2026 the flat‑rate tax regime will be abolished. Small business households will be required to declare tax based on actual revenue. MISA supports the transition with technology to help micro‑merchants adapt smoothly and transparently.
Vietnamese enterprises at a crossroads: the impact of a potential US–China deal
As the world closely monitors every shift in US-China relations, emerging signals of a strategic agreement between the two global powers are raising hopes for global economic stability.
HDBank: Impressive profit growth, leading in profitability and advancing international integration
Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank, stock code HDB) announced its consolidated profit before tax for the first 9 months of 2025 reached VND 14,803 billion, marking a 17% increase year-on-year (YoY).
TNI King Coffee sued for over VND 5 Billion in unpaid debts
On October 21, 2025, the People’s Court of District 10 in Ho Chi Minh City officially accepted a civil lawsuit concerning a commercial contract dispute between TKT Vietnam Plastic Packaging Joint Stock Company and TNI King Coffee Co., Ltd.
VINASME and Jeonnam Technopark Sign MOU on technology cooperation, human resource training, and trade promotion
On October 15, 2025, in Hanoi, VINASME and Jeonnam Technopark (Korea) signed an MOU to promote trade, advance technology transfer, and develop human resources between enterprises of both nations.
Vietnamese entrepreneurs strengthen ASEAN connectivity in the digital iIntegration era
On the occasion of Vietnam Entrepreneurs’ Day (October 13), an international event themed “Integration – Innovation – Sustainable Development” was solemnly held in Ho Chi Minh City.

