Vietnam Electricity (EVN; ) is the national and the sole public
power company in
Vietnam
Vietnam, officially the Socialist Republic of Vietnam (SRV), is a country at the eastern edge of mainland Southeast Asia, with an area of about and a population of over 100 million, making it the world's List of countries and depende ...
. It was established by the
government of Vietnam
The Government of the Socialist Republic of Vietnam (; less formally the Vietnamese Government or the Government of Vietnam, ) is the Cabinet (government), cabinet and the central Executive (government), executive arm of the Politics of Vietn ...
as a state-owned company in 1994, and has operated officially as a one-member limited liability company since 2010.
History
In 1994, the Vietnam electricity sector consolidated the electricity generation, transmission and distribution units to establish the Vietnam Electricity Corporation. Also in this year, the 500kV North-South transmission line was put into operation, connecting the power systems of the three regions of North, Central and South into a unified power system for the
whole country.
Before 2006, the Vietnam electricity sector operated under a parent-subsidiary model, with the Vietnam Electricity Corporation as the parent company. Then, on June 22, 2006, this corporation was converted into the Vietnam Electricity Group (EVN). On June 25, 2010, the
Prime Minister of Vietnam
The prime minister of Vietnam () is the head of government of Vietnam who presides over the meetings of the Government (formerly the Council of Ministers). The prime minister directs the work of government members, and may propose deputy prime ...
decided to convert the Vietnam Electricity Group model into a single-member limited liability company controlled by the state.
Subsidiaries
* National Power Transmission Corporation
* Power Generation Corporation No. 1
* Power Generation Corporation No. 2
* Power Generation Corporation No. 3
* Northern Power Corporation
* Central Power Corporation
* Southern Power Corporation
* Hanoi City Power Corporation
* Ho Chi Minh City Power Corporation
* National Load Dispatch Center
* Electric Power Trading Company
* Electric Information Centre
* Information Technology Centre
Criticism
EVN is facing various criticisms, notably the lack of clear separation between social responsibility and business responsibility from the
Government
A government is the system or group of people governing an organized community, generally a State (polity), state.
In the case of its broad associative definition, government normally consists of legislature, executive (government), execu ...
and EVN itself. For example, providing electricity to remote and island areas by 2023 still faces difficulties due to the lack of clear support policies, leading to challenges in evaluating operational efficiency. EVN's apparatus remains cumbersome and requires restructuring to enhance effectiveness.
Although customer service has seen improvements, certain limitations persist. According to a 2022 survey by the
Ministry of Industry and Trade, the customer satisfaction rate with EVN's services reached 80%, with 20% remaining unsatisfied.
The purchase and dispatch of electricity from power plants outside of EVN lack transparency, causing public controversy. A 2021 report by the State Audit Office of Vietnam pointed out shortcomings in EVN's bidding process for electricity procurement.
References
Electric power companies of Vietnam
Economy of Hanoi
Government-owned companies of Vietnam
Government-owned energy companies
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