Three international agencies have jointly financed a USD800 million project to help ensure a stable power supply in Vietnam.

Phu Quoc Island District in the southern province of Kien Giang will receive more than VND9.16 trillion (US$436.2 million) to implement three power supply projects, said the Phu Quoc Investment and Development Management Board.

With strong propagation, awareness of people and power users has improved considerably; in the last 3 months, Ho Chi Minh City has saved 6.9 million kWh of electricity, 30% higher than same period of 2010. According to Mr. Nguyen Van Ly, Deputy General Director of HCM City Power Corporation, amid difficulties in the current power supply, promoting energy saving is one of the most positive solutions.

Vietnam Electricity Group has assigned Power Corporations to direct power companies to perform power supply in April 2011 under the motto of no power reduction. Besides, EVN has required Power Corporations to continue to closely monitor the daily load situation, report to the Group to assess the situation of power supply in April and report to the Ministry of Industry and Trade on power supply plans in May and June 2011.

All the incidents at the new coal-run thermopower plants in northern Vietnam have been resolved and these plants have resumed operation. The rainy season has begun in both the north and the south while the domestic demand for power consumption does not increase and has even fell by 5-7 percent.

There are two large industrial factories in the Nam Dong Ha Industrial Zone. These are Geruco Quang Tri MDF Wood Factory and the Hoa Tho – Dong Ha Garment Company. Geruco Quang Tri pays VND1.2-1.5 billion for power monthly consuming one-third of power supply in the city of Dong Ha. With that in mind, the company’s leaders are very concerned about energy efficiency.

Each year businesses added 2,000MW-3,000MW to the national power grid in the recent years, bringing Vietnam’s total power production to more than 18,400MW currently. In 2009, the country succeeded in dealing with power outages