National Power Transmission Corporation (EVNNPT)

Specific objectives

Ensure the safety, continuity and stability of power transmission in service for the nation’s economic, political, social, security and defense activities as well as serving the Vietnamese power market. Transmission productivity will be at 225 billion Kwh by 2020, 351 billion kwh by 2025, and 774 billion kwh by 2040.

Invest and develop a modern transmission system, ensuring the safety, continuity and stability with high reliability and grid security.

Build a modern, advance and professional organization structure and management leaning towards maximum effectiveness.

Promote R&D activities, technology renovation, and application of the results generated by the 4.0 Industry to investment, corporate management and governance.

Maintain a sound and effective financial position and health for EVNNPT operation. Transmission price should be secured to ensure serve the management, operation, investment and other activities of EVNNPT. EVNNPT obtains an appropriate level of profit, which is sufficient to lure the attention of investors to the transmission system.

Improve the quality and effectiveness of the services provided to the clients having connection agreements. Develop the brand identify and sustainability of EVNNPT.

Development Strategy

EVNNPT’s Development Strategy is categorised by 4 perspectives

Learning and Development

1. Build an advance and professional organizational and management model leaning towards maximum effectiveness

2. The staff is always confident and trust EVNNPT and its future development.

Internal Process

1. Investment for development of a modern transmission system

2. Increase effectiveness of operation management

3. Promote R&D activities

Clients

1. Clients’ satisfactiont

2. Improve and promote the brand name of EVNNPT

Finance

1. Effective control of costs

2. Ensure sound and stable financial capacity for EVNNPT’s operations

Solution

2018 - 2020

Solutions

2021 - 2025

Solutions

2026 - 2030

Solutions

Science and Technology

Solution 2018 - 2020

Develop a smart transmission system

Solution 2021 - 2025

Complete and put into operation the smart transmission system

Solution 2026 - 2030

The smart transmission system with application of technology, enabling self recovery of the power system

Construction investment

Solutions 2018 - 2020

Develop a synchronised and modern national transmission system; start development of a smart grids system

Solutions 2021 - 2025

Complete and put into operation a smart synchronised and modern national transmission system

Solutions 2026 - 2030

Complete and put into operation a smart synchronised and modern national transmission system.

Operation management

Solutions 2018 - 2020

Improve quality and reliability of power provision; gradual application of autonomy technology in power transmission, and remote control technology; step by step professionalise the operation management staff and repairing services.

Solutions 2021 - 2025

Develop a pool of professional operation management staff; application of advance technology in power transmission; adopt computing application for optimizing operation of the system.

Solutions 2026 - 2030

Manage and operate the smart transmission system, minimising impacts on environment.

Organisational structure, Human resources development, Corporate governance and management

2018 - 2020

Solutions

2021 - 2025

Solutions

2026 - 2030

Solutions

4.1

Organisational structure

Solutions 2018 - 2020

Study to develop a professional organisational structure, enabling high productivity.

Solutions 2021 - 2025

Develop a professionalised organisational model and advance corporate governance system.

Solutions 2026 - 2030

Consolidate EVNNPT’s organisational model as a world class transmission organisation.

4.2

Human resources development

Solutions 2018 - 2020

Develop a pool of professional human resources, and increase productivity.

Solutions 2021 - 2025

Develop a pool of professional human resources, and increase quality of the working environment.

Solutions 2026 - 2030

Develop a pool of world class professional human resources

4.3

Corporate governance and management

Solutions 2018 - 2020

Develop a pool of professional human resources, and increase productivity.

Solutions 2021 - 2025

Develop a world class professional corporate governance system.

Solutions 2026 - 2030

Consolidate the corporate governance system.

Financing and funds mobilisation

Solutions

Maintain a self-control, stable, transparent and sound financial status for EVNNPT operation, ensuring an appropriate level of profit for further development and investment.

Information, communication, and public relations

2018 - 2020

Solutions

2021 - 2025

Solutions

2026 - 2030

Solutions

6.1

Information, communication, and public relations

Solutions 2018 - 2020

Develop sound public relations professionally and effectivelly. Consolidate good relationship with authorities at all levels, clients, partners, the media stakeholders. Develop EVNNPT brand to be professional, effective, reliable and responsible to the communities.

Solutions 2021 - 2025

Improve visibility and reliability of EVNNPT brand built on the communities, parners, clients, donors, in order to affirm the regional coverage of EVNNPT’s brand. Develop the image of EVNNPT as a sustainable corporation with high responsibilities to social development

Solutions 2026 - 2030

The system of public relations operates in a professional and effective way, catering to the development needs of EVNNPT. Make the EVNNPT brand at regional and international levels as a corporate of “sustainable development”

6.2

International cooperation

Solutions 2018 - 2020

Strengthen human resources and professionalise the operation of the international cooperation unit. Consolidate cooperation relationship with traditional development partners, at the same time diversify funding sources. Establish cooperation relationship with the power industry partners in the world. Strengthen regional and international integration in the area of power transmission.

Solutions 2021 - 2025

Consolidate the organisational structure, operation mechanism of the international relations within the Corporation in order to best serve the international relations tasks. Approach new sources of loans to meet the capital needs of the Corporation, and increase effectiveness of using loans. Develop strategic partnerships to promote learning, experience sharing, technology transfer, training cooperation, consultancy and investment. Consolidate the position of EVNNPT among the regional and international power transmission organisations.

Solutions 2026 - 2030

Integrate deeply into the regional and international transmission industry, eligibly be one among the world class transmission organisations.

2018 - 2020

Solutions

2021 - 2025

Solutions

2026 - 2030

Solutions

Environment protection and climate change response

Solutions 2018 - 2020

Comply with the applicable laws and regulations, and minimise and prevent environmental impacts; establish the mechanism for realisation of EVNNPT’s corporate social responsibility (CSR).

Solutions 2021 - 2025

Improve the environment quality in the orientation of “green projects”, minimising impacts on natural resources; undertake EVNNPT’s CSR; promote compliance with international social and environmental protection regulations.

Solutions 2026 - 2030

Meet required standards for “green projects” in power transmission: non-pollution, modern design, and environment-friendly. Develop EVNNPT to be sustainable, ensuring green-clean-safe environment, securing favourable conditions for the staff, social equity and climate change adaptation.