Electric Power Trading Company (EPTC), an arm of Electricity of Vietnam, and India’s Shapoorji Pallonji Infrastructure Capital Co Ltd on Monday signed a power purchase agreement for the solar power project SP Infra 1 Plant in Ninh Thuan Province.

Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) has sold its entire 8.06% stake in seafood processing and exporting firm Camimex Group, according to a stock exchange disclosure. Sacombank sold 1.06 million shares of Camimex on the Ho Chi Minh City Stock Exchange on June 21.

With the overarching goal to promote Ninh Thuan, a province in the South Central Coast region of Vietnam, into becoming a key center of clean energy in Vietnam, the Government of Vietnam has recently agreed to extend the implementation period of the Feed-in-Tariff (FiT) scheme for solar power projects in Ninh Thuan Province for an additional one and a half year (i.e. from the current deadline by 30 June 2019 under Decision No. 11 to the end of 2020).

Investors are keeping their faith in Vietnam’s wind power sector, even though it is not taking off due to an unbankable purchase power agreement, seven years after the government released the incentives for wind power projects.

Australia’s Macquarie Bank has become a major shareholder in DFJ VinaCapital-backed entertainment group Yeah1 following the company’s listing debut at a record price of VND300,000 (USD13.1) apiece.

Steel industry has seen a stable average growth of 15 percent, and supply is already higher than market demand. 

Electric Power Trading Company (EPTC) under Electricity Vietnam Group (EVN) signed a deal to buy electricity with Trungnam Solar Power on Tuesday.

Large moves by a few companies can swing the broader market big-time.

New technologies are key to advancing the agriculture sector in Việt Nam, as they can boost products’ value to make them more competitive on the global market.

The design for a clean energy future in Vietnam was announced at a conference in Hanoi on June 5.