Electricity Authority of Viet Nam (EAV) is an organization under the Ministry of Industry and Trade (MOIT), which helps the Minister of MOIT to perform the state management and law enforcement in the power sector, power regulation activities, including: power development planning, investment in power projects; development of renewable energy, new energy; competitive electricity market, electricity price and electricity trading activities; national power system dispatch; issuance of electricity licenses; organizing and managing public service activities within the scope of management of EAV in accordance with the provisions of law and the decentralization and authorization of the Minister of MOIT.
EAV has its own legal status, seal and account in accordance with the provisions of law; its operating funds are provided by the state budget and from other sources in accordance with the provisions of the State.
Name
- International transaction name in English: Electricity Authority of Viet Nam
- Abbreviation: EAV