Citibank and INGbank to provide credit to Nhơn Trạch power projects Citibank and INGbank will be in charge of arranging capital for the Nhơn Trạch 3 and 4 thermal power plants, according to a recent agreement signed between PetroVietnam Power Corporation (PV Power) and the two foreign banks.

Shares narrow losses, fewer gold buyers on the God of Wealth Day Bargain attempts of investors in the afternoon helped cushion the fall in the Vietnamese stock market on Monday amid steep decline across the Asia.

Large-cap companies end 2019 lower from their debuts Three large-cap companies that debuted on the Hồ Chí Minh Stock Exchange (HoSE) in 2019 saw their shares beaten by the benchmark VN-Index at the end of the year.

VN-Index rises 7 per cent this year but new listing on HOSE declines sharply Việt Nam’s stock market has grown modestly this year but shrinking inflows has made new listings less buoyant than expected.

PV Power sees Q3 profit quadruple PetroVietnam Power Corporation (PV Power) reported post-tax profit of VNĐ793 billion (US$33.9 million) in the third quarter of this year, four times higher than the same period last year.

Vietnamese SOEs must reform and invest in technology State-owned enterprises (SOE) must strive to reform and become innovation centres in today's modern economy, said Prime Minister Nguyễn Xuân Phúc at a conference discussing measures to improve Việt Nam's SoEs' management and performance on Wednesday in Hà Nội.

Dragon Capital no longer a major shareholder of PV Power A group of investment funds run by Dragon Capital has sold a total of 1.27 million shares in PetroVietnam Power Corporation (POW), reducing their ownership from 5.05 per cent to 4.99 per cent in the firm.

PVN has solid first half of year The corporation’s equity reached VNĐ470.3 trillion ($20.34 billion) on June 30, up 1 per cent from January 1.

Contracts inked to step up gas, power projects in southern region

PetroVietnam Gas Joint Stock Corporation (PV Gas) on Monday signed contracts on the building of a liquefied natural gas (LNG) warehouse and the provision of the product for two thermal power plants, vietnamplus.vn reported. 

Shares stagnant despite ETF portfolio restructuring

Shares moved little on Friday despite it being the last trading day for exchange-traded funds (ETFs) to restructure their second-quarter portfolios.