Credit ratings agency Fitch Ratings has assigned the PetroVietnam Power Corporation (PV Power) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of “BB” with a positive outlook for the second consecutive year.
The Vietnam Electricity Group (EVN) and the French Development Agency (AFD) on March 28 signed a agreement on a non-Government guaranteed loan worth EUR80 million to implement the southern Vietnam power distribution project invested by EVN's subsidiary - the Southern Power Corporation (EVN SPC).
Vietnam has saved 309,000 kWh of electricity, which is worth VND576.1 million (US$25,197) by switching off the lights for one hour in response to Earth Hour 2022, according to the Vietnam Electricity (EVN).
Vietnam Electricity (EVN)’s Northern Power Corporation (EVNNPC) has retained its long-term foreign-currency issuer default rating at “BB” with a positive outlook as issued by Fitch Ratings.
VOV.VN - A light-turning off event is set to be launched this March across the country for Earth Hour 2022 in a bid to encourage local people to save electricity and work together to protect the environment, according to the Ministry of Industry and Trade.
VOV.VN - Vietnam will reduce the excise tax and registration fee placed on electric cars, with these two preferential policies anticipated to become a lever in which the local electric vehicle market, which is in its infancy, can quickly develop in 2022.
Vietnam Electricity (EVN) and Singapore’s Sembcorp Industries signed a Memorandum of Understanding on electricity cooperation via videoconference on December 27.
A signing ceremony for the bidding contract No.3 in the form of engineering, procurement and construction (EPC) for Phuoc Thai 2 and Phuoc Thai 3 solar power plants took place in Hanoi on December 22.
A concessional loan worth EUR70 million (US$81 million) without government guarantee for the expanded Hoa Binh Hydropower Plant Project was inked on November 10 between the Vietnam Electricity (EVN) group and the French Development Agency (AFD).
Four Vietnamese startups in the fields of electric vehicles, energy efficiency, smart agriculture and circular economy will introduce their innovative solutions at the AsiaBerlin Submit 2021.