PSIRU - A critique of proposed amendments to the Electricity Law of Vietnam

http://www.psiru.org/reports/critique-proposed-amendments-electricity-law-vietnam Vietnam’s power sector is dominated by Electricity Vietnam (EVN), which is the integrated state-owned monopoly that covers all elements from generation to retail. It is experiencing a number of serious issues that involve the efficiency of management of EVN, delays in upgrading the transmission/distribution system, and the inability to meet national demand without large-scale imports. The government bodies including MOIT (Ministry of Industry and Trade) and MOF (Ministry of Finance) both believe Vietnam needs to change the current sector arrangements, from price setting, to reorganization of EVN and to overall sector restructuring towards a market-driven system of supply and demand.

Advice www.psiru.org