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Vietnam's Power Update
FineIntel, March 2011, Pages: 6
This report provides an overview of Vietnam's power sector which includes market structure, pricing, market perspectives and key factors. Despite some reforms, the power market in Vietnam is still a monopoly, where the Vietnam Electricity Group (EVN) controls the transmission and distribution of power. In 2010, EVN recorded VND8 trillion (US$415 million) in losses, excluding the burden of debts due to financial obligations and higher interest rates, totaling VND24 trillion (US$1.245 billion). Many power plants have entered the national grid a number of years behind schedule. The country would continue facing a power shortage of at least 3 billion kWh this year due to scarcity of water in reservoirs.
This publication is partly cited from FineIntel’s Industry Update. This monthly industry update is a publication designed to provide meaningful insight into today’s industries in Vietnam.
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