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In its report on "Strategy and competitive bidding framework for solar power projects in Vietnam", the World Bank (WB) has proposed two options for implementing the solar power projects: (1) Competitive bidding for solar parks and (2) Competitive bidding by transformer substations. According to the World Bank, these approaches will resolve issue on “deflation”, as well as improve sharing risks between the state and private investors.

On August 1, 2019, in Hanoi, the International Conference on “Pathways to Low Carbon Development for Vietnam to reach the National Determined Contributions (NDC)” a study report of World Bank in collaboration with the Department of Energy Conservation and Sustainable Development, Ministry of Industry and Trade (MoIT) took place.

On February 01, 2018, in Hanoi, Electricity of Vietnam (EVN) held a ceremony “EVN Partnership Meeting 2018”. This is an annual event of EVN to acknowledge the effective support, assistance and cooperation from Vietnamese state, foreign agencies and domestic and oversea parterners. At the meeting, World Bank (WB) has committed to continue supporting EVN in developing the competitive electricity market, upgrading the infrastructure to improve reliability of the power system, developing renewable energy and energy efficient and economical use...

On Sept. 20, 2017, in Hanoi, the World Bank (WB) and Electricity of Vietnam (EVN) launched a campaign to promote the deployment of renewable energy by the installation of five stations for measuring solar radiation across the entire territory of Vietnam. These stations will collect solar radiation data with a high quality, which help to improve accuracy of estimating solar energy sources. The collected data will be free online provided to encourage and support investors in developing the solar power projects in Vietnam.

The World Bank (WB) has proposed the technical support to deploy the rooftop solar PV program for about 150 buildings in Da Nang city.

At 5.47 am Feb. 15, 2017, the Unit No1 of Trung Son Hydropower Plant (HPP has officially synchronized with National Power System. This is the first hydropower project in Vietnam invested by World Bank (WB) funds.

On November 12th, in Ha Noi, the State Bank of Vietnam (SBV) and World Bank (WB) had signed a credit loan agreement of $500 millions for “Transmission Efficiency Project” of National Power Transmission Corporation (EVNNPT).

According to the World Bank (WB)’s assessment, Vietnam has achieved the highest rural electrification rate in the world as a developing country.