9.6 million USD worth of shares divested from EVN Finance Business

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 the company, according to the Hanoi Stock Exchange (HNX).
Over 294,000 customers suffer blackouts due to storm Wipha Society

Over 294,000 customers suffer blackouts due to storm Wipha

More than 294,000 customers of the power sector suffered blackouts as power went out in northern localities of Quang Ninh, Hai Phong, Bac Giang, Hung Yen and Hanoi on August 3 due to storm Wipha, which landed in Quang Ninh on August 2 evening.
Vietnam could face power shortage: ministry Business

Vietnam could face power shortage: ministry

Vietnam could face an electricity shortage of 6.6 billion kWh in 2021 and 11.8 billion kWh in 2022. The shortage could increase to 15 billion kWh in 2023, according to the Ministry of Industry and Trade (MoIT).
Japanese bank eyes EVN’s energy projects Business

Japanese bank eyes EVN’s energy projects

The Japan Bank for International Cooperation (JBIC) is interested in investment plans for energy projects of the Vietnam Electricity (EVN) and Vietnam Oil and Gas Group (PVN), unveiled Kazuhisa Yumikura, Managing Executive Officer and Global Head of Infrastructure and Environment Finance Group at JBIC.
80 percent of State-owned economic groups earn profits Business

80 percent of State-owned economic groups earn profits

Up to 80 percent of the 19 State-owned economic groups and corporations under the management of the Committee for Management of State Capital at Enterprises (CMSC) earned profits in the first half of this year, fulfilling more than half of their yearly targets, according to the committee.