In recent years, cooperation in the energy sector between Viet Nam and Laos, particularly in power system infrastructure connectivity and electricity trade, has been stepped up, emerging as a bright spot in bilateral economic cooperation.

The Bac Ai hydropower project has a designed capacity of 1,200 MW, comprising four turbines of 300 MW each, with a total investment of 21.1 trillion VND (802.5 million USD).

Viet Nam Electricity (EVN) on December 19 launched and inaugurated a series of major power projects in a coordinated nationwide infrastructure push to welcome the upcoming 14th National Party Congress.

Prime Minister Pham Minh Chinh on October 22 called for accelerating the development of nuclear power projects, stressing that all negotiations must be conducted on the basis of harmonised interests and shared risks between Viet Nam and its international partners.

Equitisation is not aimed at selling land or assets but improving the capacity and efficiency of State-owned enterprises (SOEs) to strengthen the national economy, Deputy Prime Minister Ho Duc Phoc said at a meeting in Ha Noi on October 14.

The national electricity utility EVN successfully energised the Lao Cai-Vinh Yen 500kV transmission line on September 30, completing the project eight months ahead of schedule.

Deputy Prime Minister Tran Hong Ha asked ministries and localities to speed up land clearance and relocation works in the North-South high-speed rail line project during a hybrid conference on the land clearance plan for the railway project on June 16.

Prime Minister Pham Minh Chinh has signed an official dispatch on urgent measures to guarantee sufficient electricity supply during the peak months of 2025 and beyond.