Sharing with Prime Minister Pham Minh Chinh at the annual Vietnam Business Forum (VBF) on the morning of March 19.3, Mr. Hong Sun, Chairman of the Korean Business Association (KoCham) in Vietnam, recounted the situation from June - In July 6, many areas in Northern Vietnam experienced power cuts due to lack of electricity. Some industrial zones also conduct power cuts with prior notice with a frequency of about 7.2023-1 times/week.
Mr. Hong Sun, Chairman of the Korean Business Association (KoCham) in Vietnam
“The Vietnamese government is also aware that such electricity shortages are a major obstacle to attracting foreign investment and improving the competitiveness of Vietnamese businesses and have made many efforts to Work out a solution. However, this is a problem that is difficult to solve in a short time," Mr. Hong Sun stated.
Notably, Chairman KoCham said that Korean businesses want to invest in Vietnam, especially high-tech businesses such as semiconductors. But the lack of electricity is one of the factors that make them hesitate in making investment decisions.
Korean companies are currently very interested in industries that use a lot of technology, in line with environmentally friendly trends such as rooftop solar power. But they are also hesitant to invest due to unstable electricity supply and unclear related legal regulations.
Therefore, KoCham recommends that the Vietnamese Government have a plan to provide electricity smoothly in industrial parks so that foreign invested enterprises, including Korean enterprises, can maintain stable production activities.
Similarly, Mr. Joseph Uddo, Chairman of AmCham Hanoi - representative of the American Chamber of Commerce in Vietnam (AmCham), said that one of the main needs of all businesses is the stability of supply. energy and immediate access to renewable energy.
AmCham representative said that he encourages continued dialogue between the Ministry of Industry and Trade, Vietnam Electricity and relevant parties in the private sector to be able to come up with feasible short-term and long-term solutions for Vietnam. Meet energy security needs, including promoting approval of natural gas projects.
In response to investors' petitions on electricity supply issues, Deputy Minister of Industry and Trade Nguyen Sinh Nhat Tan said that the Prime Minister has issued Directive No. 05/CT-TTg related to electricity balance, ensuring no shortage of electricity in any situation.
“The Ministry of Industry and Trade is making efforts with the electricity industry to carry out this task. We can confirm and commit that electricity shortage will not happen in 2024 and the following years." Mr. Nhat Tan affirmed and said that it will not only provide stable power supply but also improve the quality of power source.
Chairman of AmCham Hanoi, Mr. Joseph Uddo
To ensure a stable power source, the Prime Minister is also interested in developing the 500 KV circuit 3 line to draw electricity to the North and synchronize the transmission system. This demonstrates the Prime Minister's close attention and direction, and efforts to ensure there is no shortage of electricity.
Deputy Minister of Industry and Trade further informed the contents related to Power Plan 8. Accordingly, the Ministry of Industry and Trade has completed the implementation plan, it is expected that the Government will approve the implementation plan of Power Plan 8 within the week This.
In addition, the Ministry of Industry and Trade also implements technological solutions to harmoniously develop new and renewable energy sources, increasing the ability to integrate renewable energy into the power system to ensure stable power generation. determined.
Regarding the issue of electricity supply, Prime Minister Pham Minh Chinh pledged to investors that there will be no electricity shortage and will invest in the direction of green growth.
