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EVN achieves its first and positive credit rating from Fitch Ratings

Electricity of Vietnam (EVN) is one step closer to issuing US dollar bonds and strengthening its financing capacity, following an endorsement by Fitch Ratings of its credit profile.

Launching US$102 million project to help Vietnam improve energy efficiency in industrial sector

The project supporting the efforts of industrial enterprises to adopt energy-efficiency technologies and practices is expected to help Vietnam save about 4.5 million MWh of electricity per year by July 2022.

EVN explains the US$85 million arrears claimed by MoF for its misrepresentation

Vietnam Electricity (EVN) has been alleged to inaccurately report some of the costs and revenues, leading to the reduction of tax and interest which must be paid to the State budget.

Second largest electricity producer outpaces its equitization by seeking strategic partners

The Equitisation of PV Power, the second largest power producer in Vietnam, kicked into high gear after the Ministry of Industry and Trade (MOIT) presented its new equitization plan to the Government on November 8, 2017.

Tokyo Gas Asia spent over US$70 million acquiring stakes in PetroVietnam subsidiary to become its strategic partner

This Japanese partner is expected to assist PV Gas D in applying technology into the low-pressure gas distribution business in Vietnam.

Record heat swelters across northern Viet Nam

Electricity consumption in the North reached a historic peak over the past four days, said Nguyen Đuc Ninh, deputy director of National Load Dispatch Centre.

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