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In many recent years, Electricity of Vietnam (EVN) cooperated with most international organizations, institutions, and large international energy groups including the government, non-government, and energy corporations of the United State of America to meet the actual development requirements of Vietnam national power system. These substantive and practical relationships have contributed to the strong development of Vietnam's electricity industry in recent times.

Mr. Doan The Vinh, Deputy Director of Nuclear and Thermal Power Plants Department under the Ministry of Industry and Trade’s General Department of Energy has noted that under the national power development plan with a vision to 2030, Vietnam will require 194-210 billion kWh of electricity in 2015, 330-362 billion kWh in 2020, and 695-834 billion kWh by 2030. All this energy must be either produced domestically or imported.

The Prime Minister has improved the project on restructuring power sector in 2016 – 2020 with orientation up to 2025.

On November 4, 2015, in Da Nang city, the Ministry of Industry and Trade (MOIT) held the conference "Shaping Vietnam’s Sustainable Power Sector Development" to summarize the achievements in the process of renewing power sector and discuss the measures for strengthening the participation of the international donors and various economic sectors to Vietnam's Power Sector Development in future. Deputy Prime Minister (DPM) Hoang Trung Hai attended and spoke at the Conference.

PM Nguyen Tan Dung has approved a program on supporting policy development to improve the power sector from 2014 to 2016, with a US$200 million investment loaned from the World Bank.

Recently, in Moscow , Gazprom CEOMr. Alexey Miller and PVN CEO Mr. Nguyen Vu Truong Son had a working meeting on bilateral cooperation in petroleum exploitation in Vietnam and Russia as well as the joining perspective cooperation in gas power development and LNG transportation means.

At the online briefing meeting for executing production in April 2017, Mr. Dang Thanh Hai, Vinacomin CEO asked the subsidiaries to actively work with power customers for agreeing to regulate reasonable coal prices, strengthen management of resources and product quality, and reduce the rate of losses in mining by 5%...

On 12/12/2018, the first long-term coal contract for power projects between Vietnam Coal and Mineral Industries Holding Joint Stock Corporation (Vinacomin) and Electricity of Vietnam (EVN) was signed. On the occasion, Mr. Trinh Dinh Dung, Vice Prime Minister said: “this event confirmed the message "no coal shortage for electricity generation, no electricity shortage for economic development".

"In March 2016, Vietnam National Coal and Mineral Industry Holding Corporation Limited (Vinacomin) will step up sale of products, specially focus to well prepare coal with a high production for power sector” Vinacomin General director Dang Thanh Hai said.

On September 29, 2020, in Quan The Hamlet, Phuoc Minh Commune, Thuan Nam District, Ninh Thuan Province, Trung Nam Investment and Construction Joint Stock Company (Trungnam Group) successfully energizing the first super high voltage project invested in Vietnam by private sector as 500 kV transformer substation with a capacity of 2x900 MVA and combined 500/220 kV transmission line (500kV and 220 kV lines on the same tower) with a length of 17 km for releasing power capacity of Trung Nam Thuan Nam solar power project with a capacity of 450 MW project

At a conference to review 10-year implementation of the engineering industry development strategy in Vietnam, Prime Minister Nguyen Tan Dung directed that in the coming time, Vietnam’s engineering industry needs to work out more suitable schemes to improve both its capability and competitive capability to target stable and sustainable development.

Preferential policies for the engineering sector were approved by the government, but a thorough implementation of these is unseen. Engineering enterprises are currently striving to increase the local content of their products, which is part of the sectoral development strategy and was discussed at a recent seminar on solving issues with key mechanical projects.

Many of Vietnam National Chemical Group (Vinachem)’s chemical plants continued to invest in improving their wastewater, exhaust and waste collection and treatment systems last year. They paid special attention to choosing less polluting technologies that met Vietnam’s requirements for environmental protection.

 Vietnam’s energy sector is receiving special attention from foreign investors, especially leading global groups in this field.

Establishing a presence on the international market may emerge as the "new normal" for the energy sector in Vietnam.