Deputy Prime Minister Trinh Dinh Dung: EVN makes significant contribution to the economy’s regaining of growth momentum

That is one of the statements of Deputy Prime Minister Trinh Dinh Dung on the performance results of Vietnam Electricity in 2017 at the Conference on realization of the 2018 plan of EVN held on the morning of January 4, 2018. The speech of the Deputy Prime Minister is cited below.

Deputy Prime Minister Trinh Dinh Dung delivered a speech at the Conference on realization of the 2018 plan of EVN on the morning of January 4, 2018 - Photo: Ngoc Tuan

In 2017, EVN had satisfactorily fulfilled its assigned tasks.

Firstly, EVN had secured sufficient electricity for production activities and people's life. This was a huge success. Not only well undertaking the responsibility for “output” (the total power sales of the country was estimated at 174.05 billion kWh, an increase of 8.92% compared to 2016 – sourced by the reporter), EVN contributed 61% of the total installed generation capacity.

Secondly, EVN had actively implemented many construction investment projects. These projects had been performed satisfactorily.

Thirdly, EVN had well executed its corporate restructuring, optimizing production business costs, ensuring financial balance and profitable business. This was very important for state economic groups. EVN had basically completed its corporate restructuring, focusing on divesting itself from non-core businesses, preserving the state capital and gaining a surplus.

Fourthly, EVN had implemented many practical solutions to improve the business environment and enhance the national competitiveness. This was a very important factor to create resources for business production activities of businesses and people. Specifically, in 2017, the Getting Electricity Index moved upwards 32 steps, ranking 64th among 190 countries and territories. This was a great endeavor of the power industry.

Fifthly, in 2017, EVN and its member organizations had responded effectively to natural disasters, floods and storms. The employees of power sector attentively remedied power accidents in the quickest manner in order to secure uninterrupted electricity supply for production activities and daily life of the people.

Sixthly, EVN had well performed the rural electrification obligation in rural, mountainous areas and islands. Currently, Viet Nam has supplied electricity to 99.98% of communes and 98.83% of rural households, completing taking over and operating power systems on the Spratly Islands.

Seventhly, EVN had enthusiastically participated in rural supporting, social security and new rural construction activities, displaying its role and responsibility for the community development.

With the aim of successfully accomplishing the 2018 objectives, I would like to emphasize some of the tasks that need to be implemented by EVN in the coming year:

Firstly, to well perform the electricity supply and advise the Ministry of Industry and Trade, the Government in developing power generation master plans.

Secondly, to keep enhancing the corporate restructuring, improving the effectiveness, efficiency, and competitiveness.

Thirdly, to strengthen disciplines and rules in management and governance, especially financial aspect.

Fourthly, to boost administrative reform in order to provide the best services to the people, improve the effectiveness of anti-corruption, practice saving and combat waste.

Fifthly, to develop in parallel with environmental protection; absolutely not invest in projects that fail to meet environmental standards; advise the Government on appropriate technologies to ensure the economic efficiency and environmental effectiveness; pay attention to coordination with the concerned important ministries in the study of waste treatment for thermal power plants (ash and cinder).

Sixthly, to develop human resources, take care of physical and spiritual life of employees; participate in charity and social activities, especially support the people in the localities where EVN’s investment projects are located. To build EVN corporate culture as serving for the people.

  • 04/01/2018 02:46