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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
Wednesday, April 16, 2025

Over 3,700 firms enter into energy-saving agreements

By T. Dao

Must read

HCMC – More than 3,700 enterprises in northern provinces have signed agreements on energy conservation with subsidiaries of the Vietnam Electricity Group (EVN).

They are committed to conserving energy during the noon and evening hours – from 11:30 a.m. to 2:30 p.m. and from 8 p.m. to 10 p.m. – and refraining from simultaneously using multiple electricity-intensive devices.

Electricity suppliers in the north will devise monthly power supply plans to help businesses adjust their production plans.

In a recent report to the Ministry of Industry and Trade, EVN warned of an emergency given the potential shortage of electricity supply, especially in northern Vietnam.

It said power use could increase by 15% annually from May through July, and the northern region may experience a power shortage of up to 1,600-4,900MW.

Power loss in transmission lines stood at 3.46% in April and 4.02% in the first four months of the year, down 0.49% compared to the same period in 2022.

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