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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Tuesday, May 13, 2025

Trade Ministry pledges to ensure stable power supply

By Truc Dao

Must read

HCMC – The Electricity Regulatory Authority (ERA) under the Ministry of Industry and Trade has committed to ensuring a stable power supply for producers and households throughout the year.

During a press conference on June 19, representatives from various departments within the ministry outlined multiple solutions to maintain a steady power supply in 2024.

By June 18, electricity consumption had reached 141.8 billion kWh, accounting for 45.65% of the full-year plan. However, the ERA assured that there would be no electricity shortage this year, unlike in 2023.

A representative from the Department of Electricity and Renewable Energy said that electricity consumption has grown at around 12% this year.

To meet the increasing demand, the ministry has proposed several solutions and mechanisms to implement projects under the National Power Development Plan VIII. These include establishing mechanisms for LNG gas power plants, ensuring the 500kV circuit-3 power transmission line becomes operational according to the Prime Minister’s schedule, and planning for electricity imports to bolster power supply.

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