Việt Nam to increase imports of coal and gas The latest data from the ministry sent to the National Assembly shows that Việt Nam is transitioning from an energy exporter to a net importer.

Six companies get equitisation plans approved in January-August As the Prime Minister’s SOE equitisation plan has remained stagnant for the last five years, economic specialists have said it is very difficult for the stakeholders to complete the plan on schedule, or it is impossible.

PV Power to pay cash dividend, develop solar energy PetroVietnam Power Corporation plans to pay a 2019 cash dividend of 3 per cent instead of paying in shares at a rate of 6 per cent as planned previously.

Conflicting policies, land issues and disease hinder equitisation of SOEs

The equitisation of State-owned enterprises (SOEs) was being hindered by troublesome policies, lack of transplarency in land management and the recent devastation inflicted by the COVID-19 pandemic, experts said.

Việt Nam, US state bolster cooperation for economic recovery

It is now an important time for Việt Nam and the West Virginia state of the US to cooperate in a joint effort on economic resumption and fighting the COVID-19 pandemic, Minister of Industry and Trade Trần Tuấn Anh has said.

State investment agency aims to sell stake in Hải Phòng Thermal Power this month The initial price of each share (HND) will be VNĐ26,000 (US$1.09), which means SCIC could expect to receive a minimum of VNĐ1.17 trillion.

State capital commission to work with struggling mega-projects Deputy PM Bình urged the commission to step up effort to exercise the State’s rights as a major shareholder and investor in struggling mega-projects.

New energy strategy backs private sector investment

The Poliburo signed Resolution No 55-NQ/TW on Việt Nam’s strategic orientations for national energy development through 2030 with a vision to 2045 on February 11. Minister of Industry and Trade Trần Tuấn Anh speaks to Vietnam News Agency about the important implications of the new strategy involving the private sector investment.

EVN produces one third of total power output

Electricity of Việt Nam (EVN) has produced 7,185 MW of power, accounting for 33.2 per cent of Việt Nam’s total power output in the 2016-20 period, according to the revised Power Development Master Plan (PDP) VII.

Vinacomin's subsidiary to divest from Nghe An-based non-ferrous company The Vinacomin – Minerals Holding Corporation (Vimico) is planning to sell nearly 2.4 million shares, worth over VNĐ23.6 billion (about US$1 million), in the Nghệ Tĩnh Non-ferrous Metal JSC.