Cà Mau Province licenses 14 wind power farms in 2024

Fourteen wind power projects have been approved for investment in the southernmost province of Cà Mau so far this year. They will have a combined capacity of 800 MW and are part of the province's renewable energy plans that envisage having 16 wind power farms.

PM orders acceleration of public investment disbursement for 2024

According to the General Statistics Office (GSO), the disbursement of public investment from the State budget in the first five months of this year was estimated to reach VNĐ190.6 trillion (US$7.44 billion), equal to 26.6 per cent of the yearly target and 5 per cent higher than the same period last year.

Bank lending gathers pace in HCM City

After a slump, bank credit in HCM City has picked up again and is expected to keep rising for the rest of the year since demand for funds is usually high at year-end, the State Bank of Vietnam has said.

Market fluctuates around the 1,300-point threshold

Cautious cash flow and investor hesitation continued as the market lacked driving momentum. The VN-Index ended the week at 1,280 points, with foreign investors returning to net selling over VNĐ760 billion.

EVN reports record loss despite electricity price increases

Although electricity prices were increased twice in 2023, Việt Nam Electricity (EVN) reported an after-tax loss of VNĐ26.77 trillion (US$1.053 billion) on rising electricity production costs, according to its audited financial report.

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