HÀ NỘI — PetroVietnam Power Corporation (PV Power) reported revenue and pre-tax profit of VNĐ24.8 trillion (US$1.06 billion) and VNĐ1.8 trillion, respectively, in the first nine months of the year. These results are equivalent to 106 per cent and 124 per cent of the annual plan, respectively. After-tax profit was estimated at VNĐ1.4 trillion. According […]

NDO – Vietnam’s export turnover in October was estimated at US$20.80 billion, down 1.5% from the previous month. Telephones and components saw the sharpest decrease with 21.4%, however, coal exports have rocketed by 45.3%. The latest report on the national socio-economic situation published by the General Statistics Office of Vietnam (GSO) showed that, compared with […]

NDO – Vietnamese Deputy Prime Minister Trinh Dinh Dung and his Russian counterpart Maxim Akimov co-chaired the 21st meeting of the Vietnam-Russia Intergovernmental Committee for Economic-Commercial and Scientific-Technological Cooperation, which took place in Moscow on October 29. During the meeting, the two sides discussed and agreed on a wide range of measures to foster bilateral […]

PV project developer and EPC firm, juwi Renewable Energy has started construction of its third PV power plant project in Vitenam, bringing its active pipeline to around 130MW. juwi said that its latest 50MW project as EPC was located in Cat Hiep, Binh Dinh province of Vietnam for a consortium headed by Independent Power Producer […]

MISC Berhad (MISC), through its 51 percent-owned joint-venture with PetroVietnam Technical Services Corporation (PTSC) i.e. Malaysia Vietnam Offshore Terminal (L) Limited (“MVOT”) has been awarded a time charter contract by Idemitsu Kosan Co., Ltd. (IKC) for the provision of a Floating, Storage and Offloading Vessel (FSO) in Vietnam. The contract represents the expansion of MISC’s […]

HÀ NỘI — Commercial banks are rushing to provide loans for green energy projects amid a wave of investment in the growing industry, dubbed a landmark for the country’s renewable energy outlook. Vietcombank has recently approved a VNĐ785 billion (US$33.55 million) loan for the BP Solar 1 project, which has total investment capital of VNĐ1.2 […]

NDO/VNA – Deputy Prime Minister Trinh Dinh Dung is paying a working visit to France from October 26 to 28 to seek measures to continue cementing ties between Vietnam and France. During his trip, Dung had working sessions with Minister of Environment François de Rugy, and CEO of the French Development Agency (AFD) Rémy Rioux, […]

October 26 (Renewables Now) – German wind turbine maker Enercon GmbH today said it has recorded over 50 GW of installed wind turbine capacity globally, achieving a new milestone. More specifically, the turbine manufacturer has crossed the 50-GW threshold earlier this month following the installation of 16 E-103 EP2 machines at a wind farm in […]

Solar power solutions provider Waaree Energies Friday said it has bagged a contract to set up 60 megawatt (MW) ground mounted solar project in Vietnam. The project, which is being developed in association with a leading utility scale provider, on turnkey basis, will marks Waaree Energies’ expansion to South East Asia market, the company said […]