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EVN posts 49 pct profit rise

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

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

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 25, 2019 | 05:12 pm PT

Power plants fuelled by oil a financial risk, EVN cautions

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 24, 2019 | 06:55 pm PT

Vietnam Electricty returns to profitability

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 21, 2019 | 04:58 pm PT

Legislators concerned by electricity monopoly

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 30, 2019 | 10:07 pm PT

Coal shortage could sap Vietnam’s energy

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 | 12:32 am PT

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