The National Assembly (NA) this morning approved the Resolution on socio-economic development plan for the year 2020, targeting 6.8 per cent GDP growth and improvements to national competitiveness.
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Vietnam’s e-logistics services provider Scommerce the parent company of delivery startups GHN and AhaMove has closed its latest and largest funding round led by Singapore’s state-owned investment company, Temasek. The funding amount was not disclosed, but as reported by DealStreetAsia, it could be worth up to US$100 million, making it potentially one of the largest deals in the country this year.
Electricity of Vietnam (EVN) informed: Recently, there a number of power grid projects for releasing power of solar and wind projects was completed over progress. However, to strengthen the ability of the power grids for releasing power of renewable energy (RE) in Ninh Thuan and Binh Thuan provinces, EVN proposes to supplement a number of power grid projects in these provinces to the power development planning (PDP).
A credit agreement for the construction of Se San 4 solar power plant worth EUR 24.2 million has been inked between theViet Nam Electricity (EVN) and the French Development Agency (AFD).
The Minister of Industry and Trade Tran Tuan Anh, in the NaTo ensure the supply and demand of electricity, the representative of the Ministry of Industry and Trade said the ministry would mobilise sources such as coal power, hydroelectricity and solar power.
Vietnam Electricity (EVN) will auction 25% of its chartered capital, equivalent to 4.07 million shares at Thuan Binh Wind Power Joint Stock Company (EVNTBW), with a starting price of VND 17,940 / share at the Hanoi Stock Exchange.
A total of VND117 trillion (US$5.03 billion) worth of corporate bond notes were raised in the first eight months of 2019, according to SSI Securities Corporation’s research unit.
Nguyễn Mạnh Cường, an official from the Institute of Energy’s Department of Electrical System Development under the Ministry of Industry and Trade, spoke with Vietnam News Agency about the implementation of the national power development master plan in 2021-2030 (or Power Development Master Plan 8).
The project also marks the largest installation of floating solar PV panels in Southeast Asia.