Vietnamplus

The moon cake market is getting vibrant as there are only a few days left before the Mid-Autumn Festival, which falls on September 10 this year.

The Vietnam Electricity Group (EVN) and the French Development Agency (AFD) on March 28 signed a credit agreement with a non-Government guaranteed loan worth 80 million EUR (87.8 million USD) to implement the southern Vietnam power distribution project invested by EVN’s Southern Power Corporation (EVN SPC).

The Asian Infrastructure Investment Bank (AIIB) has begun disbursing the 310 million USD loan, which was approved in February 2021, for the Indonesia national power company PT PLN.

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

The Government Inspectorate on May 24 announced a 35-day probe of the controversial electricity price hike.

The Phu Quy Island District Electricity Company has just inaugurated a management and operation centre on the island, which is said to be a starting point for future projects such as solar and other power plants to meet demand.

Foreign investors poured a total of 77.6 million USD into the real estate market in January, according to the Foreign Investment Agency under the Ministry of Planning and Investment.