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).
EVNSPC to expand coverage to more southern rural areas Society

EVNSPC to expand coverage to more southern rural areas

The Electricity of Vietnam Group’s Southern Power Corporation (EVNSPC) will invest nearly 8 trillion VND (344 million USD) to provide power for rural areas in 12 cities and provinces, as well as island communes in Kien Giang and the Mekong Delta region, by 2020.
PM orders prompt settlement of admin procedures in September Politics

PM orders prompt settlement of admin procedures in September

Prime Minister Nguyen Xuan Phuc urged ministries, departments and localities to concentrate on addressing administrative procedure problems, especially removing tax and fee burdens imposed on businesses, while chairing the government’s regular monthly meeting in Hanoi on August 30.
Electricity sector urged to reduce power loss Business

Electricity sector urged to reduce power loss

The electricity industry must improve its management and technology to reduce losses in the transmission grid as well as eradicate power stealing, which are very serious in rural and remote areas.