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 need of daily living or production and business.

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. ...

Bank to finance nuclear plant

Russia’s second-largest bank is ready to grant a $1 billion loan to the Rosatom state nuclear corporation to build Viet Nam’s first nuclear power plant.

Finance approved to build power plants

Finance approved to build power plants

The Electricity of Viet Nam (EVN) signed a credit contract worth VND2.5 trillion (US$119.05 million) with the Viet Nam Development Bank (VDB) to develop the Vinh Tan 2 and Duyen Hai 1 thermo-electric...

ABBank profits surges 102%

An Binh Bank (ABBANK) made a pretax profit of 426.7 billion VND in the first 7 months of this year, posting a year-on-year rise of 102%.

Other news on

News

PM urges ministries to avoid power cuts

Cập nhật 16/07/2019

Prime Minister Nguyễn Xuân Phúc has urged ministries and agencies to work to avoid upcoming power...

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

Over 7.3 trillion VND for power grid in central, Central Highlands regions

Cập nhật 02/04/2019

The Electricity Vietnam’s Central Power Corporation (EVNCPC) has announced that it plans to invest...

Business

EVN HANOI works to prevent power cuts during high school exams

Cập nhật 21/06/2019

The Hà Nội Electricity Corporation (EVN HANOI) has announced it will not cut or reduce the power supply...

Production

Northern power firm sells nearly 33 billion kWh

Cập nhật 16/07/2019

The Vietnam Electricity (EVN)’s Northern Power Corporation (EVNNPC) sold nearly 33 billion kWh of electricity...