State utility EVN has new general director
Nguyen Anh Tuan has succeeded Tran Dinh Nhan, who will retire from December 1, as general director of state-run Vietnam Electricity (EVN), starting from Friday.
Nguyen Anh Tuan, EVN's new general director. Photo courtesy of EVN Hanoi.
Under a Thursday decision signed by Dang Hoang An, chairman of EVN's board of members, following a Commission for the Management of State Capital at Enterprises decision, chairman of EVN Hanoi Nguyen Anh Tuan was appointed EVN's general director for a five-year term.
Tuan, born in 1967, has a bachelor's degree in electrical engineering, a bachelor's degree in politics, and a master's degree in business administration.
He has worked for EVN Hanoi since 1990, from the position of an official in the planning and basic construction department to senior management positions like board member, general director and board chairman.
According to financial statements audited by Deloitte, EVN's consolidated net revenue in 2022 was more than VND463 trillion ($19.56 billion), up 8% year-on-year. Of this, revenue from electricity sales accounted for more than 98%.
At the end of 2022, EVN's total assets stood at over VND666 trillion ($28.1 billion), down more than 5% compared to the beginning of the year. Of this, more than VND100 trillion ($4.22 billion) was in bank deposits, down more than VND30 trillion ($1.27 billion) compared to the previous year.
- Related News
- Read More
Makara Capital Partners wants to mobilize $5-7 bln for investments in Vietnam: exec
Singapore's Makara Capital Partners is eyeing investment opportunities in Vietnam, including those in the biological and pharmaceutical industries and the International Financial Center project.
Economy - Thu, July 3, 2025 | 12:52 am GMT+7
Vietnam, US reach agreement on landmark trade deal framework
Vietnam's Party chief To Lam and U.S. President Donald Trump on Wednesday stated that they welcome the agreement reached by the two countries' negotiating teams on the Joint Vietnam-United States Statement on a Fair, Balanced, and Reciprocal Trade Agreement Framework.
Economy - Wed, July 2, 2025 | 11:28 pm GMT+7
Vietnam's ACV expects 17% profit drop, plans $1.52 bln investment in Long Thanh airport this year
State-owned Airports Corporation of Vietnam (ACV), which operates 22 airports nationwide, expects its 2025 pre-tax profit to decline 17% year-on-year to VND10.53 trillion ($402.56 million) due to foreign exchange losses.
Companies - Wed, July 2, 2025 | 4:08 pm GMT+7
Two mega urban area projects in central Vietnam get greenlight
Two major urban projects in Quang Ngai province's Dung Quat Economic Zone, with a total investment of over VND54 trillion ($2.06 billion), have received in-principle approvals from Deputy Prime Minister Tran Hong Ha.
Real Estate - Wed, July 2, 2025 | 4:02 pm GMT+7
Roadmap for cleaner fuel transition launched for Vietnam’s first oil refinery Dung Quat
Binh Son Refining and Petrochemical JSC (BSR) and PV Gas D, a subsidiary of PV Gas, have signed an MoU on LNG trading principles, marking a significant step in BSR’s roadmap to transition from traditional fuels to cleaner alternatives at Dung Quat Oil Refinery.
Economy - Wed, July 2, 2025 | 3:52 pm GMT+7
EPC contracts signed for Vietnam’s offshore Block B - O Mon gas pipeline
Southwest Pipeline Operating Company (SWPOC), a subsidiary of Vietnam’s state-owned Petrovietnam, on Monday signed EPC contracts for two key packages (PC1 and PC2) of the Block B – O Mon gas pipeline project.
Economy - Wed, July 2, 2025 | 2:01 pm GMT+7
Major Vietnamese developer Sun Group proposes riverfront road, metro line projects in HCMC
Sun Group, a leading real estate developer in Vietnam, is seeking Ho Chi Minh City authorities’ permission to invest in a riverfront road along the Saigon River and a 40-kilometer metro line under the build-transfer (BT) model in the former Cu Chi district.
Infrastructure - Wed, July 2, 2025 | 1:32 pm GMT+7
Vietnam stock market to enjoy favorable 'tailwinds' in H2: experts
While external challenges are persistent, domestic economic stimulus policies will be a key driver helping Vietnam's stock market become more positive in the remaining six months of 2025, according to experts.
Finance - Wed, July 2, 2025 | 8:20 am GMT+7
Agro-forestry-fishery exports rise over 14% in H1
Vietnam’s total agro-forestry-fishery trade in the first half of 2025 is estimated at $57 billion, with exports reaching $33.5 billion, up 14.3% year-on-year, according to the Ministry of Agriculture and Environment.
Companies - Tue, July 1, 2025 | 10:33 pm GMT+7
Banks end magnetic cards, require biometrics for firms from July 1
From July 1, banks across Vietnam have stopped using magnetic stripe cards and now require biometrics for company accounts to prevent fraud and improve security.
Banking - Tue, July 1, 2025 | 10:17 pm GMT+7
Data Law aims to protect data and unlock value
The 2024 Data Law, which aims to regulate the collection, sharing and commercial use of data, creating a trusted marketplace while enhancing personal data protection and cybersecurity, takes effect on Tuesday, July 1.
Companies - Tue, July 1, 2025 | 10:06 pm GMT+7
Thailand attracts large investment in data centers, digital services
The Thailand Board of Investment (BOI) has approved investment applications worth a total of THB 28.6 billion (about $870 million) in digital infrastructure and travel sector projects, as well as incentives for the use of local content in the manufacturing of electric vehicles (EV) and hybrids, as well as electrical appliances (E&E).
Southeast Asia - Tue, July 1, 2025 | 9:55 pm GMT+7
Indonesia launches $5.9 bln EV battery ecosystem
Indonesia held a groundbreaking ceremony on Sunday for its integrated electric vehicle (EV) battery ecosystem in Karawang, West Java province.
Southeast Asia - Tue, July 1, 2025 | 9:49 pm GMT+7
Vietnam construction giant Vinaconex plans to divest 51% stake in northern Vietnam resort developer
Vietnam’s leading construction firm Vinaconex on Monday approved the transfer of its entire 51% stake in Vinaconex ITC, the developer of Cat Ba Amatina urban-tourism project in the northern city of Hai Phong, at a minimum price of VND48,000 per share ($1.84).
Real Estate - Tue, July 1, 2025 | 4:44 pm GMT+7
Gozo Express, Indel Petro launch Vietnam’s first integrated gas and logistics stations
Gozo Express, a Vietnamese logistics startup, has partnered with Indel Petro to launch Gozo Station, Vietnam’s first integrated station that combines gas refueling with parcel drop-off and delivery services.
Companies - Tue, July 1, 2025 | 4:20 pm GMT+7
Vietnam’s state-own telecom MobiFone, Techcombank jointly launch digital payment firm
MobiFone, Vietnam’s third-largest telecom operator, has launched a new digital payment subsidiary in partnership with One Mount Group and Techcombank, according to recent corporate registration data.
Finance - Tue, July 1, 2025 | 4:03 pm GMT+7
