BCG targets 31.1 per cent growth in after-tax profit in 2020 Bamboo Capital JSC has set revenue and after-tax profit targets of VNĐ1.913 trillion (US$82.2 million) and VNĐ184.2 billion ($7.9 million) this year, 24 per cent and 31.1 per cent higher than last year.

HCM City targets 1,000 MWp of rooftop solar power at industrial zones by 2024 HCM City aims to have 1,000 MWp of rooftop solar power capacity installed by 2024 in its industrial parks, export processing zones and high-tech parks, up from 700MWp now.

Construction of Phù Mỹ solar power plant begins in Bình Định

Clean Energy Vision Development JSC, a subsidiary of Bamboo Capital Group, on May 29 broke ground for the Phù Mỹ solar power plant in Bình Định Province’s Phù Mỹ District.

DOJI Group sells 6.5 million shares of Bamboo Capital, no longer a major shareholder DOJI Gold & Gems Group JSC (DOJI) announced it has sold more than 6.5 million shares of Bamboo Capital JSC, and is no longer a major shareholder of the company.

Solar rooftop industry poised for rapid growth Technological advances, preferential credit policies and pricing incentives have set the stage for solar rooftop energy to become the next big thing in clean energy in Việt Nam, according to industry insiders.

Bamboo Capital chairman to raise stake to 20 per cent In the first nine months, Bamboo Capital earned VNĐ942 billion (US$40.6 million) in total revenue, up 13 per cent year on year.

BCG says close to achieving full-year targets Bamboo Capital Joint Stock Company has said it will surely meet this year’s revenue and after-tax profit targets of VNĐ2.96 trillion (US$127.5 million) and VNĐ312 billion ($13.4 million), which represent an increase of 166 per cent and 265 per cent from last year.

Bamboo Capital, Omani partner inaugurate Long An Province solar power plant The BCG - CME Long An 1 solar power plant in Long An Province has been inaugurated by the joint venture between Bamboo Capital Group and the Việt Nam-Oman Investment Fund.

Profits shrink for hydropower sector but rise for thermal plants Hydropower plants have seen poor business performance in the first quarter of 2019, which could give coal-powered and gas-powered thermo-electric plants more opportunities to produce electricity.

Commercial banks provide loans for green energy projects Commercial banks have begun to offer loans with preferential interest rates and long repayment periods for household solar-energy projects.