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VCBANK lends 100% capital for Rooftop solar power projects
08:46 | 11/07/2019
From July 2019, Viet Capital Bank (VCBANK) has implemented a consumer trust loan package with a support up to 100% capital for individual customers to install the rooftop solar power projects for the need of daily living or production and business.
Adjusting the charter capital of Electricity of Vietnam (EVN) up to VND160,000 billion
08:15 | 20/03/2015
The Prime Minister has approved to adjust the charter capital of the parent company - Electricity of Vietnam (EVN) up to VND160.000 billion by the end of 2015.
Establishing the Office of the State Steering Committee for the national main point energy projects
08:35 | 05/01/2024
The Ministry of Industry and Trade (MOIT) has just issued Decision No. 15/QD-BCT, dated January 3, 2024 on establishing the Office of the State Steering Committee for the important national main point programs and projects in the energy sector.
Huawei, JJ-Lapp and SEV commit toward the state of the art solar rooftop projects in Vietnam
11:27 | 29/09/2023
Hanoi, 26 Sept 2023, Solar Electric Vietnam JSC (SEV)- a Vietnam leading EPC contractor in the solar market, has signed a comprehensive agreement with Huawei and JJ-Lapp with the purpose of applying cutting-edge technology from Huawei and JJ-Lapp for its future solar rooftop projects.
Oil and Gas group pays nearly 2.6 billion USD to state in seven months
15:07 | 13/08/2019
The Vietnam Oil and Gas Group (PVN) contributed nearly 60 trillion VND (2.59 billion USD) to the state budget in the first seven months of 2019, seven percent above its target.
The MOIT and Capital Management Committee discusses the financial balance solutions for EVN
08:54 | 16/02/2023
On February 15 in Hanoi, Mr. Nguyen Hong Dien - Minister of Industry and Trade (MOIT), and Mr. Nguyen Hoang Anh - Chairman of the Committee for the Management of State Capital at Enterprises (CMSCE) co-chaired a meeting with the Electricity of Vietnam (EVN) to discuss a number of investment projects for developing the power plants and power grids, the financial balance of EVN in 2022 - 2023 and develop a plan for the average retail price of electricity in 2023.
EVN and KfW exchanged issues on capital for power plant and grid projects
11:56 | 15/07/2022
On July 12, in Hanoi, Mr. Tran Dinh Nhan - General Director of Electricity of Vietnam (EVN), had a working with Mr. Stephan Opitz - General Director in charge of Europe - Asia regions of the German Reconstruction Bank (KfW). At the meeting, the two sides exchanged difficulties in arranging capital for the projects.
Proposing JBIC to provide capital support for key electricity projects in Vietnam
09:41 | 18/12/2019
According to information from the Asia-Africa Market Department (Ministry of Industry and Trade), Mr. Dang Hoang An Deputy Minister of Ministry of Industry and Trade (MOIT) had a meeting with Mr. Tanimoto Masayuki - Managing Director, and Director of Global Finance of Japan Bank for International Cooperation (JBIC).
EVN will divest 25% capital from Thuan Binh Wind Power Company
10:05 | 18/10/2019
Vietnam Electricity (EVN) will auction 25% of its chartered capital, equivalent to 4.07 million shares at Thuan Binh Wind Power Joint Stock Company (EVNTBW), with a starting price of VND 17,940 / share at the Hanoi Stock Exchange.
EVN proposed to assign the state corporations for pilot investment in the offshore wind power project
17:00 | 05/10/2022
In the report to the National Steering Committee for Electricity Development, Electricity of Vietnam (EVN) proposed a mechanism to assign state corporations for the pilot investment in offshore wind power projects (There is reason to invest in the areas related to the national security, new technology and complex construction). On the experience basis, the Government should direct to establish a mechanism to select investors in the form of socialization.
Accessing ‘efficiency of 'transmission power grid' funding by World Bank capital in Vietnam
10:33 | 08/03/2023
Recently, the World Bank's independent evaluation team (IEG team) of the World Bank (WB) worked with the Ministries, Agencies, National Power Transmission Corporation (EVNNPT), and the units for accessing the efficiency of Transmission power grid (TEP) funding by WB loan capital.
Vietnam can borrow capital from the United States for developing LNG power thermal plants
06:56 | 12/05/2020
At the Conference of the Prime Minister with the Businesses on May 9, 2020 in Hanoi, Mr. Vu Tu Thanh - Deputy Director of the US-ASEAN Business Council informed that the USA has founded an International Financial Development Agency (DFC) with a fund of over $100 billion and more increasing for supporting the partners of the US businesses. It is a very good opportunity for Vietnam energy businesses to borrow capital to import LNG and energy equipment from USA for developing Combined Cycle Gas Turbine (CCGT) LNG fired plants.
The Government requested the National Assembly to allocate capital for the project to the electricity extend to Con Dao district
12:54 | 17/01/2024
Under the Government's authorization, on January 16, 2024, Minister of Finance Ho Duc Phoc presented a report to the National Assembly on capital allocation for public investment projects.
Signing the letter to appoint a consortium for the capital arrangement for Nhon Trach 3 & 4 PPss
08:42 | 06/10/2021
On October 4, in Hanoi, PetroVietnam Power Corporation - JSC (PV Power) held a signing ceremony to appoint a consortium for arranging and coordinating capital mobilization for Nhon Trach 3 & 4 power projects.
Queen Capital Finance Signed MOU to Jointly Develop 560 MW Wind Farms in Ben Tre Province, Vietnam
20:17 | 02/10/2020
On 18 September 2020, Queen Capital Finance Limited (Queen Capital Finance) with Lee&Lee Joint Stock Company (Lee&Lee) and Thien Phu Energy Investment, JSC. (TPE) signed a Memorandum of Understanding (MOU) for the joint development of two wind farms in Ben Tre province, Vietnam with a total installed capacity of up to 560 MW.