Fitch Ratings gives Vietnam Electricity ‘BB’ rating

Vietnam Electricity's (EVN) long-term foreign-currency issuer default rating stands at 'BB' with a positive outlook, according to Fitch Ratings.

9.6 million USD worth of shares divested from EVN Finance

9.6 million USD worth of shares divested from EVN Finance

The Vietnam Electricity (EVN) collected over 219 billion VND (over 9.6 million USD) from an auction of its shares at the EVN Finance Joint Stock Company (EVN Finance), as it is trying to divest from...

Vietnam Electricity to divest from finance company

Vietnam Electricity to divest from finance company

The Vietnam Electricity (EVN) will divest all its capital from the EVN Finance Company (EVF) next month.

VCBANK lends 100% capital for Rooftop solar power projects

VCBANK lends 100% capital for Rooftop solar power projects

From July 2019, Viet Capital Bank (VCBANK) has implemented a consumer trust loan package with a support up to 100% capital for individual customers to install the rooftop solar power projects for the...

French bank named financial adviser for Ke Ga wind power project

French bank named financial adviser for Ke Ga wind power project

French bank Société Générale has been chosen to be the financial adviser for the initial phase of the Ke Ga offshore wind power project – the world’s biggest project of its kind at present.

Four banks ink deal to finance Vinh Tan 4 thermoelectric plant

Four banks ink deal to finance Vinh Tan 4 thermoelectric plant

Four commercial banks inked a deal in Hanoi on September 21 to provide 5,400 billion VND (23.75 million USD) in credit for the expanded Vinh Tan 4 thermoelectric project. 

Five firms to sell stake in A Vương Hydropower

Five firms to sell stake in A Vương Hydropower

Five companies will sell their stakes in A Vương Hydropower Joint Stock Company via a share auction at the Hà Nội Stock Exchange on August 22.

EVN to sell stake in its finance subsidiary

EVN to sell stake in its finance subsidiary

Hà Nội Stock Exchange (HNX) has announced that Electricity of Việt Nam (EVN) will auction 15 per cent of its stake, equivalent to 37.5 million shares, in EVN Finance Joint Stock Company.

NPC signs VNĐ515 billion loan

NPC signs VNĐ515 billion loan

Northern Power Corporation under Electricity of Việt Nam (EVN NPC), signed a syndicated loan agreement worth VNĐ515 billion (US$22.7 million) last week for the period of seven years.

1.3 billion USD for EVN-NPT’s transmission projects

1.3 billion USD for EVN-NPT’s transmission projects

The National Power Transmission Corporation under Electricity of Vietnam (EVN-NPT) mobilised about 1.3 billion USD in Official Development Assistance (ODA) for its transmission projects from 2011 to...

EVN to divest from An Binh securities company

EVN to divest from An Binh securities company

The Electricity of Vietnam (EVN) will auction its entire stake of nearly 29 percent, or about 11.48 million shares, in An Binh Securities Company on June 4.

Nearly 47million USD divested from non-core EVN firms

Nearly 47million USD divested from non-core EVN firms

The Electricity of Vietnam (EVN) successfully divested almost 1 trillion VND (46.7 million USD) from non-core businesses in 2014, according to the group’s Deputy General Director Dinh Quang Tri. ...

Other news on

News

Asia offshore potential "almost 1500GW"

Cập nhật 02/07/2020

Asia offers the potential for almost 1500GW of offshore wind capacity, according to research by...

Innovation

EVN restructures the dependent accounting units

Cập nhật 07/11/2018

The Prime Minister has just directed Electricity of Vietnam (EVN) to restructure, reorganize and...

Investment

PV Power approves plan to build Nhon Trach thermal power plants

Cập nhật 16/06/2020

The PetroVietnam Power Corporation (PV Power) has approved an investment plan to build Nhon Trach...

Business

Trà Vinh to improve electricity distribution system

Cập nhật 04/06/2020

The Cửu Long (Mekong) delta province of Trà Vinh has earmarked nearly VNĐ87 billion (US$3.7 million)...

Production

EVN discounts power bills to offset Covid-19 damage

Cập nhật 12/06/2020

Nearly 30 million Vietnamese people affected by the Covid-19 epidemic have received a 10 percent discount...