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Vietnam s energy giant sets ambitious revenue of $1 2 billion

Vietnam’s energy giant sets ambitious revenue of $1.2 billion Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công  28/05/2021    14:01 GMT+7 The PetroVietnam Power Corporation (PV Power) aims to earn VND28.4 trillion of revenue (US$1.2 billion) and pre-tax profit of nearly VND1.55 trillion this year. Last year, PV Power s total commercial power output reached nearly 19.2 billion kWh. The group also earned more than VND30.2 trillion of revenue and pre-tax profit of VND2,875 billion. In the first four months of 2021, PV Power recorded revenue of more than VND10.2 trillion from an output of 6,405 million kWh. Despite impact of the Covid-19 pandemic, its electricity output in April was higher than that of March 2021. Specifically, Vung Ang 1 Power Plant completed 103% of the plan while Dakđrinh Hydropower Plant surpassed its plan by 45%. If

PV Power rated Positive by Fitch Ratings | Business | Vietnam+ (VietnamPlus)

At Hanoi (VNA) - Credit ratings agency Fitch Ratings has for the first time assigned the PetroVietnam Power Corporation (PV Power) a Long-Term Foreign-Currency Issuer Default Rating (IDR) of “BB” with a positive outlook. The rating is on par with that of Vietnam and major groups such as the Vietnam National Oil and Gas Group (PetroVietnam) and Vietnam Electricity (EVN). PV Power is the first Vietnamese power producer and the first unit of PetroVietnam to be assigned an international credit rating. Despite the effects of the COVID-19 pandemic last year and in the opening months of 2021, PV Power still stably, safely, and

Permanent Cabinet members talk removal of ports along Sai Gon River | Business

Prime Minister Nguyen Xuan Phuc chairs the meeting (Photo: VNA)   Hanoi (VNA) – Permanent members of the Government on March 15 looked at the removal of ports along the Sai Gon River and Ba Son Shipyard in Ho Chi Minh City, in line with the Prime Minister’s Decision No. 46/2010/QD-TTg. The Ministry of Finance reported that the relocation has lagged behind schedule, with many contents of the decision yet to be realised. The government, therefore, has assigned the finance ministry to coordinate with other relevant ministries and agencies, and Ho Chi Minh City to set forth an assessment plan, and submit it to the government and the

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