Hanoi (VNA) –The Electricity of Vietnam (EVN) plans to withdraw capital from the Thuan BinhWind Power JSC in the third quarter of 2018.
Thuan Binh Wind PowerJSC’s activities include investment in construction of renewable energyprojects such as wind power, solar power and waste-to-power, and provision of consultationservices for renewable energy projects.
Currently, EVN willcontinue processing the equitisation of EVN Power Generation Corporations 1 and2.
At the same time, thefirm will strive to complete the withdrawal of capital in the EVN finance company(EVNFinance), while continue with divestment from the Dong Anh ElectricalEquipment Corporation, the Power Engineering Consulting JSCs 3 and 4 after theMinistry of Industry and Trade approves divestment plans.
EVN also revealed thatthe group has so far finished its divestment from the Thu Duc ElectroMechanical Joint Stock Company (EMC), and launched initial public offering onthe Power Generation Corporation 3. It is preparing to hold first meeting ofshareholders soon.
EVN sold over 58billion kWh of electricity in the first four months of 2018, representing ayear-on-year rise of 10.59 percent.
Domestic commercialpower output rose by 10.51 percent in the four-month period, according to EVN.
In April alone, thecorporation sold over 16 billion kWh of electricity, up 10.34 percent againstthe same month last year.
Electricity lossesin January-April were estimated at 6.81 percent, 0.39 percentage points lowerthan the set target of 7.2 percent.
EVN produced andbought 67 billion kWh of power in four months, a year-on-year rise of 11.08percent, including 18.03 billion kWh in April.
Power transmissionin April was estimated at 15.3 billion kWh, and the figure for the four monthswas 56.4 billion kWh, up 10.8 percent over the same period last year.-VNA
The State-run Electricity of Vietnam (EVN) Group produced 74.42 billion kWh of electricity in the first five months of 2018, an increase of 10.5 percent from a year earlier.
PV Power will shift its listing from UPCoM to the HCM Stock Exchange by the end of this year, the company announced in its first shareholders’ meeting in Hanoi on June 26.
The Electricity of Vietnam (EVN) has announced that its total commercial power volume hit 91.78 billion kWh in the first half of the year, up 10.65 percent annually.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Illustrative Image (Source: VNA) 
