PV Power rated 'Positive' by Fitch Ratings
PV Power is the first Vietnamese power producer and the first unit of PetroVietnam to be assigned an international credit rating.
PV Power is the first Vietnamese power producer and the first unit of PetroVietnam to be assigned an international credit rating.
Vietnamese shares trimmed losses in late trade on Friday as strong buying force returned to market, helping revive investor appetite after a strain of sell-off earlier the day.
Europe offers export opportunities for Vietnamese firms, but is a market with stringent requirements in terms of quality and other aspects.
Soaring raw material prices coupled with delays in shipping due to the COVID-19 pandemic significantly pushed up steel prices recently, according to the Ministry of Industry and Trade.
Vietnamese stocks struggled in volatile markets on Thursday with sentiment hit by increasing COVID-19 cases nationwide with VN-Index failing to maintain its uptrend.
Excess renewable energy has affected power system operations in Việt Nam, said the leader of the National Power System Dispatch Centre of Vietnam Electricity (EVN).
Shares ended higher on Wednesday with the VN-Index extending its rally on banking stocks.