The year 2026 marks the first year in which Vietnam Electricity (EVN) will implement its Five-Year Plan for production, business operations, and investment development for the 2026–2030 period, amid continued volatility in the global economic and political landscape. Requirements to ensure national energy security, promote economic growth, and implement the increasingly rapid energy transition are complicated by input factors such as fuel prices, exchange rates, credit, and monetary policies that fluctuate unpredictably. In addition, capital mobilization, project preparation, compensation, and site clearance continue to face significant challenges, which affect the implementation progress of power projects.

Pursuant to Decision No. 4251/QD-BTC dated December 22, 2025 of the Ministry of Finance on the promulgation of the Plan to implement an emulation campaign to achieve outstanding accomplishments in celebration of the 14th National Congress of the Communist Party of Vietnam, and with the determination to complete the targets and tasks of the 2026 plan, the EVN President and CEO and the Standing Committee of the Vietnam Electricity Trade Union officially launched an emulation movement with the determination to “Successfully fulfill the tasks and production and business plan” for 2026.

Mr. Do Duc Hung, Chairman of Vietnam Electricity Trade Union, launching emulation movement to successfully fulfill tasks and plan for 2026. Photo: Ngoc Tuan.

Specifically, the emulation movement comprises six key contents:

First, to concentrate all resources on ensuring the safe, continuous, and stable power supply for socio-economic development and the people’s livelihoods; in particular, to ensure a safe and reliable power supply in service of the 14th National Congress of the Communist Party of Vietnam and major political and social events in 2026.

Second, to accelerate progress and improve the quality of investment and construction of power generation sources and power grid works, focusing on critical projects under the adjusted Power Development Plan VIII; to ensure synchronized schedules of source and grid projects, strengthen interconnections, power imports, and the integration of new power sources into the power system.

Third, to resolutely and synchronously implement solutions for thrift practice and waste prevention in all fields; to enhance production and business efficiency, ensure profitability in 2026, gradually improve the financial situation, and create a foundation for the sustainable development of EVN.

Fourth, to continue reorganizing and streamlining the organizational apparatus toward greater effectiveness and efficiency; to improve internal management mechanisms, strengthen decentralization and delegation of authority in association with inspection and supervision; to enhance labor productivity; to focus on developing high-quality human resources, and to promote science and technology, innovation, and digital transformation to meet task requirements in the new period.

Fifth, to strive to complete and surpass the targets of the 2026 plan, creating an important premise for the successful implementation of the Five-Year Plan for 2026–2030, with a focus on several key plan indicators, including: commercial power output of 309.32 billion kWh, with readiness plans for high load growth scenarios; power consumption rate for transmission and distribution of 5.96%; power supply reliability, with the average interruption duration per customer per year (SAIDI) at 210 minutes; labor productivity growth of over 8%; and the EVN’s total investment capital plan of VND 123,560 billion.

Sixth, to effectively implement grassroots democracy regulations; to care for the material and spiritual well-being of employees; to ensure employment and income; to strengthen occupational safety and health, improve working conditions, and build harmonious, stable, and progressive labor relations throughout EVN.

EVN extensively implements the emulation movement across EVN in line with the key focus areas outlined above, aligning it with production and business operations, investment and construction, corporate governance, and employee care, to successfully fulfil the 2026 plan.

Translator: Hải Yến