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%.

EVN Finance licensed

EVN Finance licensed

Deputy Governor of the State Bank of Vietnam Tran Minh Tuan on July 21 officially presented an operational licence to the Electricity of Vietnam Finance Joint Stock Company (EVN Finance).

ABBANK’s first-half profit realizes 64% of yearly plan

ABBANK’s first-half profit realizes 64% of yearly plan

An Binh Bank (ABBANK) made pretax profits of 354 billion VND in the first six months of this year, realizing 64% of the annualized plan, and surpassing 45% of the first-half plan. It will increase charter...

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News

PVN wants deposits unfrozen to fund delayed, cash-strapped power plant

Cập nhật 20/08/2018

PVN is seeking to withdraw $5.5 million worth of frozen deposits its subsidiaries have in OceanBank to...

Innovation

Power group EVN to withdraw capital from five companies

Cập nhật 07/08/2018

HÀ NỘI — The country’s largest power group Việt Nam Electricity (EVN) has announced it will divest...

Investment

Ninh Thuan province has licensed 27 Solar Power Projects

Cập nhật 10/08/2018

According to the Department of Planning and Investment (DOPI) of Ninh Thuan province, up to now, this...

Business

Vietnam renewable energy week to open on August 21

Cập nhật 20/08/2018

The Vietnam Renewable Energy Week 2018 will take place from August 21-26, aiming to seek solutions to...

Production

GENCO 1’s 11-month hydropower output surpasses year’s target

Cập nhật 18/12/2017

The Generation Corporation 1 (GENCO 1) of the Electricity of Vietnam (EVN) produced more than 9 billion...