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Vietnam Electricity
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EVN posts 49 pct profit rise
National utility Vietnam Electricity (EVN)’s post-tax profit last year surged 49 percent from 2019 to VND14.48 trillion ($631.47 million).
French loan to partly fund central highlands hydropower plant
Vietnam Electricity will borrow EUR74.7 million ($88.9 million) from the French Development Agency to build a hydropower plant in the Central Highlands.
Vietnam state utility EVN to borrow $278 mln to expand hydro plant
State-run utility EVN will borrow up to VND6.45 trillion ($278 million) to expand a hydroelectric plant near Hanoi, the government said Wednesday.
September 26, 2019 | 08:12 am GMT+7
Power plants fuelled by oil a financial risk, EVN cautions
National power utility EVN says running oil-fuelled power plants to meet domestic demand will be a huge financial challenge.
July 25, 2019 | 09:55 am GMT+7
Vietnam Electricty returns to profitability
Vietnam Electricity, the sole power distributor, has reported it was back in the black in 2018 after losing over $90 million in the previous year.
June 22, 2019 | 07:58 am GMT+7
Legislators concerned by electricity monopoly
Lawmakers are unhappy that Vietnam’s monopoly electricity distributor is raising power tariffs at will because it has no competitor.
May 31, 2019 | 01:07 pm GMT+7
Coal shortage could sap Vietnam’s energy
A serious coal shortage is threatening Vietnam’s power production plans even as the nation’s demand for energy rises.
November 28, 2018 | 03:32 pm GMT+7
